Cheap Homes for Rent in Downtown Neighborhood of St. Paul, MN from $1,300 (5 Rentals)

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

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.

property at 78 10th St E

78 10th St E

St. PaulMN55101

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.

property at 78 10th St E

78 10th St E

St. PaulMN55101

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 The Historic Minnesota Building priced from $824. Lowry Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $884. Here are the most affordable Downtown apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
The Historic Minnesota BuildingS2Studio,1BA$824
Lowry Apartments1 Bedroom 1 Bath1BR,1BA$884
VerdantIvyStudio,1BA$893

Best Value Apartments for Rent in Downtown, MN

As of June 19, 2025 the best value apartment in the Downtown area is the $1.57 price per square foot Gordon PH Model at 333 on the Park in the in the Downtown neighborhood starting from $2,701. The second greatest value Downtown apartment is the 2 Bedroom - Market Model at Straus Lofts starting at $1,697 with a $1.13 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 ParkGordon PH1BR,1BA$1.57
Straus Lofts2 Bedroom - Market2BR,1BA$1.13
585 Case Ave, Unit 2585 Case Ave3BR,1BA$1.10
527 Hall Ave, Unit #1527 Hall Ave2BR,1BA$1.48
1430 Case Ave, Unit 11430 Case Ave3BR,1BA$1.65
BONNIE JEAN FLATS1BR/1.0BA1BR,1BA$1.58
687 5th St E, Unit Apt. #1687 5th St E1BR,1BA$1.16
Rayette LoftsA1 - The Armstrong1BR,1BA$1.48
Parkside Apartments1 Bedroom1BR,1BA$1.57
Lyon's Court Senior Apartments1 Bedroom1BR,1BA$1.44

Quick Rent Budget Calculator

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Frequently Asked Questions about Downtown

What type of rentals are currently available in Downtown?

There are currently 132 Apartments for Rent in Downtown, MN with pricing that ranges from $824 to $6,350. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,350 to $2,200.

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 $1,350 to $2,200 with an average monthly rent of $1,649.

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.