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$995Studio Apartments Available Now
196 Mounds Blvd, Unit 5
196 Mounds BlvdSt. Paul, MN 55106
Cheap Homes for Rent in the Downtown Neighborhood of St. Paul, MN from $1,200 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of St. Paul.
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$995Studio Apartments Available Now
196 Mounds Blvd, Unit 6B
196 Mounds BlvdSt. Paul, MN 55106
812 Capitol Hts, Unit #1
812 Capitol Hts
St. PaulMN55103
25 Winter St
St. PaulMN55103
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
66 9th St E
St. PaulMN55101
78 10th St E, Unit 406
78 10th St E
St. PaulMN55101
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$1,3902 Bedroom Apartments Available Now
701 N Bedford St, Unit 2
701 N Bedford StSt. Paul, MN 55130
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$1,3952 Bedroom Apartments Available Now
196 Mounds Blvd, Unit 6
196 Mounds BlvdSt. Paul, MN 55106
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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.
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$1,4502 Bedroom Apartments Available Now
196 Mounds Blvd, Unit 8
196 Mounds BlvdSt. Paul, MN 55106
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Downtown, St. Paul, MN Local Guide
How much does it cost to rent a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown 3 Bedroom Homes for Rent | $1,995 | $1,995 | $1,995 |
| Downtown 4 Bedroom Homes for Rent | $2,513 | $2,513 | $2,513 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of St. Paul, MN.
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Downtown, St. Paul, MN Local Guide
- Nearby St. Paul neighborhoods
- Nearby Cities
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Cheapest Available Downtown Apartments for Rent
The 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 |
| 826 5th St E | 1 Bedroom 1 Bathroom | 1BR,1BA | $900 |
Best Value Apartments for Rent in Downtown, MN
As of August 08, 2026 the best value apartment in the Downtown area is the $1.51 price per square foot Getty Model at 333 on the Park in the in the Downtown neighborhood starting from $2,336. The second greatest value Downtown apartment is the Rum Model at The Scenic starting at $2,203 with a $1.76 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. |
|---|---|---|---|
| 333 on the Park | Getty | 2BR,2BA | $1.51 |
| The Scenic | Rum | 2BR,2BA | $1.76 |
| R7 Lofts | 2 Bedroom Loft | 2BR,2BA | $1.68 |
| Euclid View Flats | Two Bedroom | 2BR,1BA | $1.62 |
| 283-289 Bates Avenue | 3 Bedroom | 3BR,1BA | $1.39 |
| Lowertown Commons | 1 Bedroom + Den | 1BR,1BA | $1.75 |
| 468 Beaumont St, Unit 4 | 468 Beaumont St | 2BR,1BA | $1.75 |
| Degree of Honor | S1 | Studio ,1BA | $1.63 |
| Commerce Building Apartments | 1 Bedroom (50) | 1BR,1BA | $1.76 |
| Crane Ordway Apartments | Studio, 1 bath | Studio ,1BA | $1.75 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From 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.
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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 LifestyleDowntown, St. Paul, MN
Ranked #13
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 136 Apartments for Rent in Downtown, MN with pricing that ranges from $629 to $6,078. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,200 to $2,513.
What is the current price range for Rental Homes in Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $1,200 to $2,513 with an average monthly rent of $1,814.
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
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
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.
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.
Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
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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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
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.
First Apartment Regrets: Real Renters Share What They'd Do Differently
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.