Cheap Apartments for Rent in the Downtown Neighborhood of St. Paul, MN from $500 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown area of St. Paul.

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Sibley Park
$990 - $1,490
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$990 - $1,490

Total Monthly Price
$990 - $1,490
Studio to 2 Bedroom Apartments Available Now

Sibley Park

211 7th St ESt. Paul, MN 55101
Affordability
  • Verified
  • Utilities Included
  • Low Income
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The Historic Minnesota Building
Rent Specials
$995 - $1,327
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995 - $1,327

Total Monthly Price
$995 - $1,327
Studio to 2 Bedroom Apartments Available Now

The Historic Minnesota Building

46 4th St ESt. Paul, MN 55101
Senior Living
  • Verified
  • Utilities Included
  • Low Income
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The Hollows
Rent Specials
$1,003 - $1,678
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $1,674
Required Monthly Fees
$4

Total Monthly Price
$1,003 - $1,678
Studio to 2 Bedroom Apartments Available Dec 15

The Hollows

520 Payne AveSt. Paul, MN 55130
Eco-Friendly
  • Verified
  • Utilities Included
  • Low Income
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Pioneer Endicott
Rent Specials
$1,003 - $2,353
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $2,349
Required Monthly Fees
$4

Total Monthly Price
$1,003 - $2,353
Studio to 2 Bedroom Apartments Available Now

Pioneer Endicott

141 4th St ESt. Paul, MN 55101
Furnished
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour
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The Fitz Flats
Rent Specials
$1,004 - $1,189
Total Monthly Price

Total Monthly Price

Base Rent
$990 - $1,175
Required Monthly Fees
$14

Total Monthly Price
$1,004 - $1,189
Studio to 1 Bedroom Apartments Available Now

The Fitz Flats

5 7th St WSt. Paul, MN 55102
Affordability
  • Verified
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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The Penfield
Rent Specials
$1,092 - $2,966
Total Monthly Price

Total Monthly Price

Base Rent
$1,074 - $2,948
Required Monthly Fees
$18

Total Monthly Price
$1,092 - $2,966
Studio to 3 Bedroom Apartments Available Now

The Penfield

101 E 10th St ESt. Paul, MN 55101
Eco-Friendly
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour
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Commerce Building Apartments
Rent Specials
$1,099 - $1,499
Total Monthly Price

Total Monthly Price

Base Rent
$1,099 - $1,499

Total Monthly Price
$1,099 - $1,499
1 to 2 Bedroom Apartments Available Now

Commerce Building Apartments

10 4th St ESt. Paul, MN 55101
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Harbourline Apartments
Rent Specials
$1,149 - $1,368
Total Monthly Price

Total Monthly Price

Base Rent
$1,149 - $1,368

Total Monthly Price
$1,149 - $1,368
1 to 2 Bedroom Apartments Available Now

Harbourline Apartments

115 Plato Blvd WSt. Paul, MN 55107
Outdoors
  • Verified
  • Customer Reviewed
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Cordelle
$1,249 - $3,720
Total Monthly Price

Total Monthly Price

Base Rent
$1,249 - $3,720

Total Monthly Price
$1,249 - $3,720
1 to 2 Bedroom Apartments Available Now

Cordelle

84 Water StSt. Paul, MN 55107
Luxury
  • Verified
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Lowertown Lofts
Rent Specials
$1,259 - $5,024
Total Monthly Price

Total Monthly Price

Base Rent
$1,255 - $5,020
Required Monthly Fees
$4

Total Monthly Price
$1,259 - $5,024
Studio to 2 Bedroom Apartments Available Now

Lowertown Lofts

240 E 5th St ESt. Paul, MN 55101
Luxury
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour
property at 726 Wilson Ave

726 Wilson Ave

St. PaulMN55106

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

property at 66 9th St E

66 9th St E

St. PaulMN55101
property at 868 Margaret St

868 Margaret St

St. PaulMN55106
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Central Towers (Senior)
Studio to 2 Bedroom Apartments

Central Towers (Senior)

20 Exchange St ESt. Paul, MN 55101
Senior Living
  • Utilities Included
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Hackett Block
1 Bedroom Apartments

Hackett Block

262 4th St ESt. Paul, MN 55101
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Lowry Apartments
Studio to 2 Bedroom Apartments

Lowry Apartments

345 Wabasha St NSt. Paul, MN 55102
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826 5th St E
1 Bedroom Apartments

826 5th St E

826 5th St ESt. Paul, MN 55106
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Renaissanse Box
Studio to 2 Bedroom Apartments

Renaissanse Box

200 10th St ESt. Paul, MN 55101
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Verdant
Studio to 3 Bedroom Apartments

Verdant

85 Livingston Ave SSt. Paul, MN 55107
  • Utilities Included
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795 East 6th St
Studio to 2 Bedroom Apartments

795 East 6th St

795 6th St ESt. Paul, MN 55106
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224 Bates Ave
1 Bedroom Apartments

224 Bates Ave

224 Bates AveSt. Paul, MN 55106
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296 Bates
Studio to 2 Bedroom Apartments

296 Bates

296 Bates AveSt. Paul, MN 55106
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340 Sibley Street Lofts
Studio to 2 Bedroom Apartments

340 Sibley Street Lofts

340 N Sibley StSt. Paul, MN 55101
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Straus Lofts
Studio to 3 Bedroom Apartments

Straus Lofts

350 Sibley StSt. Paul, MN 55101
  • Utilities Included
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697-705 Conway
1 to 3 Bedroom Apartments

697-705 Conway

697-705 Conway StSt. Paul, MN 55106
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693 Wilson Ave
1 to 2 Bedroom Apartments

693 Wilson Ave

693 Wilson AveSt. Paul, MN 55106

Downtown, St. Paul, MN Local Guide

Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Minneapolis, MN is a Studio unit found at Verdant priced from $935. 795 East 6th St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here are the most affordable Downtown apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
VerdantIvyStudio,1BA$935
795 East 6th St1 Bedroom1BR,1BA$949
296 Bates1 Bedroom1BR,1BA$958
Sibley CourtStudioStudio,1BA$990
Sibley ParkStudioStudio,1BA$990
The Historic Minnesota BuildingS11BR,1BA$995
Pioneer EndicottStudiosStudio,1BA$1,003
The Fitz FlatsEStudio,1BA$1,009
West Side FlatsStrykerStudio,1BA$1,039
Parkside ApartmentsStudioStudio,1BA$1,055

Best Value Apartments for Rent in Downtown, MN

As of November 29, 2025 the best value apartment in the Downtown area is the $1.88 price per square foot Pillsbury PH Model at 333 on the Park in the in the Downtown neighborhood starting from $2,852. The second greatest value Downtown apartment is the 585 Case Ave Model at 585 Case Ave, Unit 1 starting at $1,350 with a $0.90 price per square foot in the Downtown neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
333 on the ParkPillsbury PH2BR,2BA$1.88
585 Case Ave, Unit 1585 Case Ave2BR,1BA$0.90
Lyon's Court Senior Apartments2 Bedroom2BR,1BA$1.01
Euclid View FlatsTwo Bedroom2BR,1BA$1.59
795 East 6th St1 Bedroom1BR,1BA$0.98
697-705 Conway2 Bedroom2BR,1BA$1.45
Rayette LoftsA3 - The Taylor1BR,1BA$1.64
468 Beaumont St, Unit 2468 Beaumont St2BR,1BA$1.69
The Cambric Senior ApartmentsOne Bedroom A1BR,1BA$1.84
VerdantIvyStudio ,1BA$1.84

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Downtown, St. Paul, MN

Ranked #16

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Minnesota and customized analysis for East Minneapolis-St. Paul, MN. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, places that make kids happy, raising pets, transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Apartments

What is the Cheapest Studio apartment in Downtown?

Currently the most affordable Cheap Studio Apartment in Downtown is at Verdant listed at $935.

How much is rent for a Cheap One Bedroom Downtown Apartment?

The lowest price for a Cheap One Bedroom Downtown Apartment is $949 at 795 East 6th St.

What is the lowest price for a Cheap Two Bedroom Downtown Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown is starting from $1,149 at Lyon's Court Senior Apartments.

What is the most affordable Downtown Three Bedroom Apartment?

The best deal on a cheap Downtown Three Bedroom Apartment rental is at Sibley Court and starts from $1,800.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.