Search the lowest-cost Apartments available for rent right now in the Downtown area of St. Paul.
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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.
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.
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.
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.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $1,273 | $629 | $1,695 |
| Downtown 1 Bedroom Apartments | $1,547 | $850 | $2,448 |
| Downtown 2 Bedroom Apartments | $2,123 | $1,200 | $4,603 |
| Downtown 3 Bedroom Apartments | $2,515 | $1,495 | $4,353 |
There are currently 50 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of St. Paul, MN.
See all Apartments in St. PaulThe cheapest available apartment rental in the Downtown area of Minneapolis, MN is a Studio unit found at The Historic Minnesota Building priced from $629. 795 East 6th St has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Downtown apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Historic Minnesota Building | S2 | Studio,1BA | $629 |
| 795 East 6th St | Studio | Studio,1BA | $899 |
| 224 Bates Ave | 1 Bedroom | 1BR,1BA | $899 |
| 296 Bates | 1 Bedroom | 1BR,1BA | $927 |
| Verdant | Ivy | Studio,1BA | $935 |
| Press House Apartments | Studio | Studio,1BA | $950 |
| Commerce Building Apartments | 1 Bedroom (50H) | 1BR,1BA | $950 |
| Sibley Park | Studio | Studio,1BA | $990 |
| Sibley Court | Studio | Studio,1BA | $990 |
| Crane Ordway Apartments | Studio, 1 bath | Studio,1BA | $1,000 |
As of May 29, 2026 the best value apartment in the Downtown area is the $1.63 price per square foot Walnut Model at Balsam on Broadway in the in the Downtown neighborhood starting from $1,720. The second greatest value Downtown apartment is the 1430 Case Ave Model at 1430 Case Ave, Unit Birmingham Apartments starting at $1,495 with a $1.50 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Balsam on Broadway | Walnut | 2BR,2BA | $1.63 |
| 1430 Case Ave, Unit Birmingham Apartments | 1430 Case Ave | 3BR,1BA | $1.50 |
| Euclid View Flats | Two Bedroom | 2BR,1BA | $1.62 |
| Pioneer Endicott | 1BR/1BA | 1BR,1BA | $1.71 |
| Lyon's Court Senior Apartments | 1 Bedroom | 1BR,1BA | $1.71 |
| Straus Lofts | Studio | Studio ,1BA | $1.80 |
| Commerce Building Apartments | 1 Bedroom (50) | 1BR,1BA | $1.76 |
| Crane Ordway Apartments | Studio, 1 bath | Studio ,1BA | $1.75 |
| 224 Bates Ave | 1 Bedroom | 1BR,1BA | $1.63 |
| 795 East 6th St | Studio | Studio ,1BA | $1.71 |
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.
Read ArticleFrom the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleThe 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.
If you’re an expert on all things Downtown, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewAmong cities in Minnesota for Apartment listings with Pet Friendly Amenities.
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!
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $1,000.
The cheapest apartment in Downtown is The Historic Minnesota Building which is listed at $850, while the average apartment in Downtown costs $2,561.
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 45 regular apartments in Downtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Downtown have an average cost of $143 which is $2,418 cheaper than the average rent for all rentals in Downtown.
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.
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.
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
We'll check your Downtown review to ensure it meets our Review Guidelines.
Thank you!
