
Cheap Homes for Rent in Downtown Neighborhood of St. Paul, MN from $1,300 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of St. Paul.

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.

745 Margaret St
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.

350 St Peter St
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 | $1,926 | $1,425 | $2,900 |
Downtown 3 Bedroom Homes for Rent | $1,765 | $1,595 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of St. Paul, MN.
Explore St. Paul
Downtown, St. Paul, MN Local Guide
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Best Value Apartments for Rent in Downtown, MN
As of October 14, 2025 the best value apartment in the Downtown area is the $1.74 price per square foot The Berg Model at Degree Of Honor in the in the Downtown neighborhood starting from $2,292. The second greatest value Downtown apartment is the 2 Bedroom Model at Lyon's Court Senior Apartments starting at $1,276 with a $1.12 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. |
---|---|---|---|
Degree Of Honor | The Berg | 2BR,2BA | $1.74 |
Lyon's Court Senior Apartments | 2 Bedroom | 2BR,1BA | $1.12 |
Euclid View Flats | Two Bedroom | 2BR,1BA | $1.59 |
BONNIE JEAN FLATS | 1BR/1.0BA | 1BR,1BA | $1.50 |
697-705 Conway | 2 Bedroom | 2BR,1BA | $1.45 |
Rayette Lofts | A3 - The Taylor | 1BR,1BA | $1.74 |
The Cambric Senior Apartments | One Bedroom C | 1BR,1BA | $1.76 |
Donegan Apartments | 1BR/1.0BA | 1BR,1BA | $1.78 |
Commerce Building Apartments | 1 Bedroom (50) | 1BR,1BA | $1.76 |
795 East 6th St | Studio | Studio ,1BA | $1.62 |
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.
Pet Friendly LifestyleDowntown, St. Paul, MN
Ranked #19
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 139 Apartments for Rent in Downtown, MN with pricing that ranges from $920 to $5,113. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,300 to $2,900.
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 $1,300 to $2,900 with an average monthly rent of $1,621.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.