
Cheap Homes for Rent in Payne-Phalen Neighborhood of St. Paul, MN from $1,100 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Payne-Phalen area of St. Paul.


556 Jenks Ave E, Unit 14

969 Lawson Ave E

556 Jenks Ave E, Unit 11
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.

491 Wheelock Pkwy E

936 Westminster St

685 Burr St N

1051 Arkwright St N
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.
Payne-Phalen, St. Paul, MN Local Guide

How much does it cost to rent a home in Payne-Phalen?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Payne-Phalen 2 Bedroom Homes for Rent | $1,578 | $1,150 | $1,900 |
| Payne-Phalen 3 Bedroom Homes for Rent | $2,087 | $1,495 | $2,697 |
| Payne-Phalen 5 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
| Payne-Phalen 6 Bedroom Homes for Rent | $2,895 | $2,895 | $2,895 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Payne-Phalen Neighborhood of St. Paul, MN.
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Payne-Phalen, St. Paul, MN Local Guide
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Cheapest Available Payne-Phalen Apartments for Rent
 The cheapest available apartment rental in the Payne-Phalen area of Minneapolis, MN is a 1 Bed unit found at Parkway Gardens priced from $692. Parklawn has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here are the most affordable Payne-Phalen apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkway Gardens | The Rose | 1BR,1BA | $692 |
| Parklawn | Parklawn - 1286-... | Studio,1BA | $775 |
| York Ave Apartments | York 1-Bd Portfolio Wide Jan 2026 | 1BR,1BA | $895 |
Best Value Apartments for Rent in Payne-Phalen, MN
As of June 01, 2026 the best value apartment in the Payne-Phalen area is the $1.09 price per square foot 765 Jessie St Model at 765 Jessie St, Unit B in the in the Payne-Phalen neighborhood starting from $1,200. The second greatest value Payne-Phalen apartment is the Walnut Model at Balsam on Broadway starting at $1,720 with a $1.63 price per square foot in the Downtown neighborhood. Here is today’s list of the best values for Payne-Phalen apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 765 Jessie St, Unit B | 765 Jessie St | 2BR,1BA | $1.09 |
| Balsam on Broadway | Walnut | 2BR,2BA | $1.63 |
| 1430 Case Ave, Unit Birmingham Apartments | 1430 Case Ave | 3BR,1BA | $1.50 |
| Euclid View Flats | Two Bedroom | 2BR,1BA | $1.62 |
| 296 Bates | 1 Bedroom | 1BR,1BA | $1.19 |
| Phalen Shores | One Bedroom | 1BR,1BA | $1.52 |
| Phalen View Apartments | 1BD 1BA | 1BR,1BA | $1.40 |
| Goldenstar | 1 Bedroom | 1BR,1BA | $1.57 |
| Eastside 1276 | 1 Bedroom 1 Bath | 1BR,1BA | $1.69 |
| 224 Bates Ave | 1 Bedroom | 1BR,1BA | $1.63 |
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 LifestylePayne-Phalen, St. Paul, MN
Ranked #69
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Payne-Phalen, St. Paul, MN
Farnsworth Aerospace Lower
Farnsworth Aerospace Upper
School data provided by Great Schools
Frequently Asked Questions about Payne-Phalen
What type of rentals are currently available in Payne-Phalen?
There are currently 187 Apartments for Rent in Payne-Phalen, MN with pricing that ranges from $895 to $2,495. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Payne-Phalen ranging from $1,150 to $2,895.
What is the current price range for Rental Homes in Payne-Phalen?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Payne-Phalen ranges from $1,150 to $2,895 with an average monthly rent of $2,240.
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.
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.