
Cheap Homes for Rent in Downtown Neighborhood of St. Paul, MN from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of St. Paul.


694 Desoto St

78 10th St E, Unit 1907, Unit 1907
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

812 Capitol Hts, Unit #1, Unit #1

66 9th St E, Unit 2101, Unit 2101

66 9th St E
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.
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 2 Bedroom Homes for Rent | $2,010 | $1,450 | $2,499 |
| Downtown 3 Bedroom Homes for Rent | $2,266 | $1,900 | $2,499 |
| Downtown 4 Bedroom Homes for Rent | $1,100 | $1,100 | $1,100 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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
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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. 795 East 6th St has the second lowest priced unit, which is a Studio apartment currently listed from $899. 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 |
| 795 East 6th St | Studio | Studio,1BA | $899 |
| 224 Bates Ave | 1 Bedroom | 1BR,1BA | $899 |
Best Value Apartments for Rent in Downtown, MN
As of May 07, 2026 the best value apartment in the Downtown area is the $1.04 price per square foot 2 Bedroom - Market Model at Straus Lofts in the in the Downtown neighborhood starting from $1,561. The second greatest value Downtown apartment is the 431 Minnehaha Ave E Model at 431 Minnehaha Ave E, Unit Upper Duplex starting at $1,200 with a $1.09 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. |
|---|---|---|---|
| Straus Lofts | 2 Bedroom - Market | 2BR,1BA | $1.04 |
| 431 Minnehaha Ave E, Unit Upper Duplex | 431 Minnehaha Ave E | 2BR,1BA | $1.09 |
| 1430 Case Ave, Unit Birmingham Apartments | 1430 Case Ave | 3BR,1BA | $1.50 |
| Euclid View Flats | Two Bedroom | 2BR,1BA | $1.62 |
| Parkside Apartments | 1 Bedroom | 1BR,1BA | $1.36 |
| 697-705 Conway | 2 Bedroom | 2BR,1BA | $1.50 |
| 296 Bates | 1 Bedroom | 1BR,1BA | $1.32 |
| Lyon's Court Senior Apartments | 1 Bedroom | 1BR,1BA | $1.62 |
| 224 Bates Ave | 1 Bedroom | 1BR,1BA | $1.63 |
| Renaissance Box | Studio | Studio ,1BA | $1.64 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
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 141 Apartments for Rent in Downtown, MN with pricing that ranges from $629 to $5,410. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $975 to $2,499.
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 $975 to $2,499 with an average monthly rent of $1,608.
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 Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.