Cheap Apartments for Rent in the Downtown Neighborhood of St. Paul, MN from $500 (61 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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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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795 East 6th St
Studio Apartments

795 East 6th St

795 6th St ESt. Paul, MN 55106
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Lowry Apartments
Studio to 2 Bedroom Apartments

Lowry Apartments

345 Wabasha St NSt. Paul, MN 55102
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Verdant
Studio to 1 Bedroom Apartments

Verdant

85 Livingston Ave SSt. Paul, MN 55107
  • Utilities Included
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Renaissanse Box
Studio to 1 Bedroom Apartments

Renaissanse Box

200 10th St ESt. Paul, MN 55101
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826 5th St E
1 Bedroom Apartments

826 5th St E

826 5th St ESt. Paul, MN 55106
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224 Bates Ave
1 Bedroom Apartments

224 Bates Ave

224 Bates AveSt. Paul, MN 55106
Showing Results 1-50, Page 1 of 2

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 1 Bed unit found at Hackett Block priced from $700. 795 East 6th St has the second lowest priced unit, which is a Studio apartment currently listed from $848. Here are the most affordable Downtown apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Hackett BlockSmall Loft1BR,1BA$700
795 East 6th StStudioStudio,1BA$848
Lowry Apartments1 Bedroom 1 Bath1BR,1BA$884
VerdantIvyStudio,1BA$893
Commerce Building Apartments1 Bedroom (50L)1BR,1BA$950
Sibley ParkStudioStudio,1BA$950
224 Bates Ave1 Bedroom1BR,1BA$952
Sibley CourtStudioStudio,1BA$970
Kellogg SquareBelvidereStudio,1BA$1,022
The Historic Minnesota BuildingS1Studio,1BA$1,041

Best Value Apartments for Rent in Downtown, MN

As of August 08, 2025 the best value apartment in the Downtown area is the $1.47 price per square foot Gardner Model at 333 on the Park in the in the Downtown neighborhood starting from $2,536. The second greatest value Downtown apartment is the 732 Case Ave Model at 732 Case Ave, Unit First Floor starting at $1,890 with a $1.72 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 ParkGardner2BR,2BA$1.47
732 Case Ave, Unit First Floor732 Case Ave3BR,1BA$1.72
BONNIE JEAN FLATS1BR/1.0BA1BR,1BA$1.58
Euclid View FlatsTwo Bedroom2BR,1BA$1.69
Rayette LoftsA2 - The Dean1BR,1BA$1.42
Hackett BlockSmall Loft1BR,1BA$0.95
Donegan Apartments1BR/1.0BA1BR,1BA$1.71
Lyon's Court Senior Apartments1 Bedroom1BR,1BA$1.59
Degree Of HonorThe WoldStudio ,1BA$1.66
795 East 6th StStudioStudio ,1BA$1.62

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown, St. Paul, MN

Ranked #21

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 a cheap apartment in Downtown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $1,041.

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is Hackett Block which is listed at $700, while the average apartment in Downtown costs $2,650.

What types of apartments are the cheapest in Downtown?

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 74 regular apartments in Downtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown?

Cheap apartments in Downtown have an average cost of $165 which is $2,485 cheaper than the average rent for all rentals in Downtown.

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.

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