Cheap Homes for Rent in Prosperity Heights Neighborhood of Saint Paul, MN from $1,200 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the Prosperity Heights area of Saint Paul.

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.

property at 1105 Rose Ave E

1105 Rose Ave E, Unit 1

1105 Rose Ave E
St. PaulMN55106
property at 697 5th St E

697 5th St E

St. PaulMN55106

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 1379 Idaho Ave E

1379 Idaho Ave E

St. PaulMN55106

Prosperity Heights, St. Paul, MN Local Guide

Cheapest Available Prosperity Heights Apartments for Rent

 

The cheapest available apartment rental in the Prosperity Heights area of Minneapolis, MN is a 1 Bed unit found at Parkway Gardens priced from $670. Amberwood Place has the second lowest priced unit, which is a Studio apartment currently listed from $755. Here are the most affordable Prosperity Heights apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Parkway GardensThe Rose1BR,1BA$670
Amberwood PlaceStudioStudio,1BA$755
The JuniperARPA 2 BR 30%2BR,1BA$771

Best Value Apartments for Rent in Prosperity Heights, MN

As of September 10, 2025 the best value apartment in the Prosperity Heights area is the $1.40 price per square foot 914 6th St E Model at 914 6th St E, Unit 1 in the in the Dayton's Buff neighborhood starting from $1,675. The second greatest value Prosperity Heights apartment is the Lexington (2 Bedrooms) Model at Lofts on Rose - 55+ starting at $1,272 with a $1.31 price per square foot in the Greater East Side neighborhood. Here is today’s list of the best values for Prosperity Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
914 6th St E, Unit 1914 6th St E2BR,1BA$1.40
Lofts on Rose - 55+Lexington (2 Bedrooms)2BR,1BA$1.31
Heritage EstatesTwo Bedroom Corner2BR,1BA$1.18
1133 Beech St, Unit 11133 Beech St2BR,1BA$1.44
1797 Stillwater Apartments2 Bedroom 1 Bath2BR,1BA$1.25
Hazelwood Apartments2 Beds 1 Bath2BR,1BA$1.39
Bradley House ApartmentsThe Brookshire1BR,1BA$1.34
Lake Phalen PlaceRenovated 1 Bedroom 1 Bath1BR,1BA$1.42
Phalen View Apartments1BD 1BA1BR,1BA$1.40
Minnehaha ApartmentsOne Bedrooms1BR,1BA$1.41

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.

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Pet Friendly Lifestyle
Prosperity Heights, Saint Paul, MN

Ranked #41

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Prosperity Heights

What type of rentals are currently available in Prosperity Heights?

There are currently 225 Apartments for Rent in Prosperity Heights, MN with pricing that ranges from $670 to $2,960. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prosperity Heights ranging from $1,250 to $2,885.

What is the current price range for Rental Homes in Prosperity Heights?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Prosperity Heights ranges from $1,250 to $2,885 with an average monthly rent of $1,895.

How much are larger Three and Four Bedroom Rentals in Prosperity Heights?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Prosperity Heights range from $1,299 to $2,960, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,795. Four Bedroom Single-Family rentals are also available starting from $2,885 and Four Bedroom Apartments start at $1,697.

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.