Cheap Apartments for Rent in the Downtown Neighborhood of St. Paul, MN from $500 (50 Rentals)

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

property at 1163 7th St W

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

1163 7th St W

St. PaulMN55102
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Commerce Building Apartments
Rent Specials
$950 - $1,499
Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,499

Total Monthly Price
$950 - $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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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 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 Now

The Hollows

520 Payne AveSt. Paul, MN 55130
Eco-Friendly
  • Verified
  • Utilities Included
  • Low Income
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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
$1,092 - $2,886
Total Monthly Price

Total Monthly Price

Base Rent
$1,074 - $2,868
Required Monthly Fees
$18

Total Monthly Price
$1,092 - $2,886
Studio to 3 Bedroom Apartments Available Now

The Penfield

101 E 10th St ESt. Paul, MN 55101
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 726 Wilson Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

726 Wilson Ave

St. PaulMN55106
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The Historic Minnesota Building
$1,112 - $1,719
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,112 - $1,719

Total Monthly Price
$1,112 - $1,719
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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Harbourline Apartments
$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 Mar 13

Harbourline Apartments

115 Plato Blvd WSt. Paul, MN 55107
Outdoors
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  • Customer Reviewed
  • Utilities Included
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Pioneer Endicott
Rent Specials
$1,187 - $2,353
Total Monthly Price

Total Monthly Price

Base Rent
$1,183 - $2,349
Required Monthly Fees
$4

Total Monthly Price
$1,187 - $2,353
Studio to 2 Bedroom Apartments Available Now

Pioneer Endicott

141 4th St ESt. Paul, MN 55101
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Lowertown Lofts
Rent Specials
$1,199 - $5,344
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $5,340
Required Monthly Fees
$4

Total Monthly Price
$1,199 - $5,344
Studio to 3 Bedroom Apartments Available Now

Lowertown Lofts

240 E 5th St ESt. Paul, MN 55101
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 523 Jackson St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

Studio, 1 Bath Home for Rent

Available Mar 1

523 Jackson St

St. PaulMN55101
property at 66 9th St E

$1,295 - $1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

Studio To 2 Bedroom Rentals

Available Now

66 9th St E

St. PaulMN55101
property at 868 Margaret St

$1,299

Total Monthly Price

Total Monthly Price

Base Rent
$1,299

Total Monthly Price
$1,299

3 Bedroom, 1 Bath Home for Rent

Available Now

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

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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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
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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

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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Commission House
Studio to 1 Bedroom Apartments

Commission House

282 6th St ESt. Paul, MN 55101
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Lowertown Commons
Studio to 2 Bedroom Apartments

Lowertown Commons

300 4th St ESt. Paul, MN 55101
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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
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333 on the Park
Studio to 3 Bedroom Apartments

333 on the Park

333 Sibley StSt. Paul, MN 55101
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The Arlow on Kellogg
Studio to 2 Bedroom Apartments

The Arlow on Kellogg

253 Kellogg Blvd WSt. Paul, MN 55102
Corporate Housing
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Esox House Apartments
Studio to 2 Bedroom Apartments

Esox House Apartments

150 W Water StSt. Paul, MN 55107
Corporate Housing
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693 Wilson Ave
1 to 2 Bedroom Apartments

693 Wilson Ave

693 Wilson AveSt. Paul, MN 55106
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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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Straus Lofts
Studio to 3 Bedroom Apartments

Straus Lofts

350 Sibley StSt. Paul, MN 55101
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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
Commerce Building Apartments1 Bedroom (50L)1BR,1BA$950
Press House ApartmentsStudioStudio,1BA$950
296 Bates1 Bedroom1BR,1BA$958
Degree of Honor0540644Studio,1BA$979
Sibley ParkStudioStudio,1BA$990
Sibley CourtStudioStudio,1BA$990
Commission HouseS4-3Studio,1BA$999
The Fitz FlatsGStudio,1BA$1,004

Best Value Apartments for Rent in Downtown, MN

As of January 14, 2026 the best value apartment in the Downtown area is the $0.90 price per square foot 585 Case Ave Model at 585 Case Ave, Unit 1 in the in the Downtown neighborhood starting from $1,350. The second greatest value Downtown apartment is the B1 - The Hepburn Model at Rayette Lofts starting at $2,095 with a $1.44 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.
585 Case Ave, Unit 1585 Case Ave2BR,1BA$0.90
Rayette LoftsB1 - The Hepburn2BR,1BA$1.44
Lyon's Court Senior Apartments2 Bedroom2BR,1BA$0.91
Euclid View FlatsTwo Bedroom2BR,1BA$1.73
795 East 6th St1 Bedroom1BR,1BA$0.98
Degree of Honor05429652BR,2BA$1.71
Press House ApartmentsTwo Bedroom2BR,1BA$1.72
The Cambric Senior ApartmentsOne Bedroom B1BR,1BA$1.83
Commerce Building Apartments1 Bedroom (50)1BR,1BA$1.76
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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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.

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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 #17

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 $1,004.

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is 795 East 6th St which is listed at $949, while the average apartment in Downtown costs $2,731.

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 96 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 $254 which is $2,477 cheaper than the average rent for all rentals in Downtown.

Expert Rental Resources

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.

Helpful Local Expert Guides

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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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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

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Articles, How-To's, and Tips

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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!