Search the lowest-cost Apartments available for rent right now in the Downtown area of St. Paul.
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $1,295 | $629 | $1,884 |
| Downtown 1 Bedroom Apartments | $1,585 | $850 | $4,078 |
| Downtown 2 Bedroom Apartments | $2,164 | $1,123 | $6,078 |
| Downtown 3 Bedroom Apartments | $2,513 | $1,800 | $3,758 |
There are currently 73 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. 296 Bates has the second lowest priced unit, which is a Studio apartment currently listed from $890. 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 |
| 296 Bates | 0BR/1.0BA | Studio,1BA | $890 |
| Press House Apartments | One Bedroom | 1BR,1BA | $899 |
| 826 5th St E | 1 Bedroom 1 Bathroom | 1BR,1BA | $900 |
| Verdant | Ivy | Studio,1BA | $935 |
| Lyon's Court Senior Apartments | 1 Bedroom - HOME | 1BR,1BA | $945 |
| Commerce Building Apartments | 1 Bedroom (50H) | 1BR,1BA | $950 |
| Degree of Honor | S1 | Studio,1BA | $970 |
| Commission House | S4-3 | Studio,1BA | $989 |
| Straus Lofts | Studio | Studio,1BA | $989 |
As of August 28, 2026 the best value apartment in the Downtown area is the $1.73 price per square foot 2 BR / 2 BA Model at Pioneer Endicott in the in the Downtown neighborhood starting from $2,129. The second greatest value Downtown apartment is the 2 Bedroom Loft Model at R7 Lofts starting at $1,890 with a $1.68 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. |
|---|---|---|---|
| Pioneer Endicott | 2 BR / 2 BA | 2BR,2BA | $1.73 |
| R7 Lofts | 2 Bedroom Loft | 2BR,2BA | $1.68 |
| The Jax | C2 | 2BR,2BA | $1.69 |
| Euclid View Flats | Two Bedroom | 2BR,1BA | $1.62 |
| 333 on the Park | Fulton | 1BR,1BA | $1.73 |
| 283-289 Bates Avenue | 3 Bedroom | 3BR,1BA | $1.39 |
| Press House Apartments | One Bedroom | 1BR,1BA | $1.14 |
| 699 3rd St East | 2 Bedroom | 2BR,1BA | $1.42 |
| 658 Greenbrier St | 1 Bedroom with Beautiful Wood Floors Right Next... | 1BR,1BA | $1.54 |
| Straus Lofts | 0 Bedroom - Market | Studio ,1BA | $1.72 |
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 $989.
The cheapest apartment in Downtown is The Historic Minnesota Building which is listed at $895, while the average apartment in Downtown costs $1,598.
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 58 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 $203 which is $1,395 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
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: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.
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, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
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