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$995Studio Apartments Available Jul 1
196 Mounds Blvd, Unit 5
196 Mounds BlvdSt. Paul, MN 55106
Cheap Homes for Rent in Downtown Neighborhood of St. Paul, MN from $1,000 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of St. Paul.
488 Wabasha St N
St. PaulMN55102
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.
78 10th St E, Unit 1907
78 10th St E
St. PaulMN55101
66 9th St E, Unit 2101
66 9th St E
St. PaulMN55101
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.
Showing Results 1-4, Page 1 of 1
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 | $2,023 | $1,450 | $2,295 |
| Downtown 3 Bedroom Homes for Rent | $2,295 | $2,295 | $2,295 |
| 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 4 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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Best Value Apartments for Rent in Downtown, MN
As of June 22, 2026 the best value apartment in the Downtown area is the $1.81 price per square foot Gilbert PH Model at 333 on the Park in the in the Downtown neighborhood starting from $2,107. The second greatest value Downtown apartment is the 209 Model at The Schurmeier Lofts starting at $1,995 with a $1.78 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 | Gilbert PH | 1BR,1BA | $1.81 |
| The Schurmeier Lofts | 209 | 2BR,1BA | $1.78 |
| Euclid View Flats | Two Bedroom | 2BR,1BA | $1.62 |
| Degree of Honor | C1 | 2BR,2BA | $1.68 |
| Parkside Apartments | 1 Bedroom | 1BR,1BA | $1.38 |
| 283-289 Bates Avenue | 3 Bedroom | 3BR,1BA | $1.40 |
| Commerce Building Apartments | 1 Bedroom (50) | 1BR,1BA | $1.76 |
| Crane Ordway Apartments | Studio, 1 bath | Studio ,1BA | $1.75 |
| Renaissance Box | Studio | Studio ,1BA | $1.82 |
| 795 East 6th St | Studio | Studio ,1BA | $1.71 |
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 Article
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.
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.
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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 141 Apartments for Rent in Downtown, MN with pricing that ranges from $629 to $4,603. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,025 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 $1,025 to $2,513 with an average monthly rent of $1,914.
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
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.
Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.
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.
Authentic Minneapolis: An Insiders 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.
Articles, How-To's, and Tips
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.