
Cheap Homes for Rent in Frost Lake Neighborhood of Saint Paul, MN from $1,100 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Frost Lake area of Saint Paul.


825 Jessamine Ave E

1115 York Ave, Unit Apt 9

685 Burr St N

962 6th St E, Unit 1

603 Lawson Ave E
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.

869 Geranium Ave E

1070 Bradley St, Unit #1

619 Maryland Ave E

1030 Reaney Ave E

505 Beaumont St E

505 Beaumont 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.
Frost Lake, St. Paul, MN Local Guide

How much does it cost to rent a home in Frost Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Frost Lake 2 Bedroom Homes for Rent | $1,588 | $1,100 | $1,995 |
| Frost Lake 3 Bedroom Homes for Rent | $2,234 | $1,850 | $2,950 |
| Frost Lake 4 Bedroom Homes for Rent | $2,220 | $1,995 | $2,436 |
| Frost Lake 5 Bedroom Homes for Rent | $2,487 | $2,400 | $2,575 |
| Frost Lake 6 Bedroom Homes for Rent | $2,895 | $2,895 | $2,895 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Frost Lake Neighborhood of Saint Paul, MN.
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Frost Lake, St. Paul, MN Local Guide
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Cheapest Available Frost Lake Apartments for Rent
 The cheapest available apartment rental in the Frost Lake area of Minneapolis, MN is a Studio unit found at Parklawn priced from $775. The Waldo has the second lowest priced unit, which is a 2 Beds apartment currently listed from $823. Here are the most affordable Frost Lake apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parklawn | Parklawn - 1286-... | Studio,1BA | $775 |
| The Waldo | 2 Beds, 1 bath | 2BR,1BA | $823 |
| Maplewood Manor | Keller Flats - 2275-... | Studio,1BA | $850 |
| York Ave Apartments | York 1-Bd Portfolio Wide Jan 2026 | 1BR,1BA | $895 |
| Magnolia | Magnolia - 1876-... | 1BR,1BA | $895 |
Best Value Apartments for Rent in Frost Lake, MN
As of April 29, 2026 the best value apartment in the Frost Lake area is the $1.28 price per square foot 3 Beds, 2 baths Model at The Waldo in the in the Gloster neighborhood starting from $1,634. The second greatest value Frost Lake apartment is the 765 Jessie St Model at 765 Jessie St, Unit B starting at $1,200 with a $1.09 price per square foot in the Payne-Phalen neighborhood. Here is today’s list of the best values for Frost Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Waldo | 3 Beds, 2 baths | 3BR,2BA | $1.28 |
| 765 Jessie St, Unit B | 765 Jessie St | 2BR,1BA | $1.09 |
| Aspen Village | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.50 |
| The Cottages of Hillcrest 55+ Active Adult | 2 Bedroom | 2BR,1BA | $1.48 |
| Silas Pointe Apartments | One Bedroom | 1BR,1BA | $1.57 |
| Magnolia | Magnolia - 1067-... | 2BR,1BA | $1.41 |
| Phalen Shores | One Bedroom | 1BR,1BA | $1.52 |
| Phalen View Apartments | 1BD 1BA | 1BR,1BA | $1.40 |
| Minnehaha Apartments | One Bedrooms | 2BR,1BA | $1.55 |
| Parklawn | Parklawn - 1286-... | Studio ,1BA | $1.55 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 LifestyleFrost Lake, Saint Paul, MN
Ranked #59
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Frost Lake
What type of rentals are currently available in Frost Lake?
There are currently 211 Apartments for Rent in Frost Lake, MN with pricing that ranges from $823 to $3,064. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frost Lake ranging from $1,100 to $2,950.
What is the current price range for Rental Homes in Frost Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Frost Lake ranges from $1,100 to $2,950 with an average monthly rent of $2,284.
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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Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

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