
Cheap Apartments for Rent in the Downtown Stillwater Neighborhood of Stillwater, MN from $900 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Stillwater area of Stillwater.


Lily Lake Terrace

Stonebridge Apartments

Curve Crest Villas
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Orleans Homes in Stillwater

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Downtown Stillwater, Stillwater, MN Local Guide

How much does it cost to rent an apartment in Downtown Stillwater?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Stillwater Studio Apartments | $2,265 | $2,265 | $2,265 |
| Downtown Stillwater 1 Bedroom Apartments | $2,190 | $912 | $3,415 |
| Downtown Stillwater 2 Bedroom Apartments | $1,812 | $1,225 | $4,015 |
| Downtown Stillwater 3 Bedroom Apartments | $2,275 | $1,860 | $2,900 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Stillwater Neighborhood of Stillwater, MN.
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Cheapest Available Downtown Stillwater Apartments for Rent
 The cheapest available apartment rental in the Downtown Stillwater area of Stillwater, MN is a 2 Beds unit found at Stonebridge Apartments priced from $1,319. Curve Crest Villas has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,365. Here are the most affordable Downtown Stillwater apartments for rent in Stillwater, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stonebridge Apartments | 2BR/1.0BA | 2BR,1BA | $1,319 |
| Curve Crest Villas | 1 Bedroom TXC | 1BR,1BA | $1,365 |
| Cottages of Stillwater | Two Bedroom B | 2BR,1BA | $1,675 |
Best Value Apartments for Rent in Downtown Stillwater, MN
As of January 22, 2026 the best value apartment in the Downtown Stillwater area is the $2.33 price per square foot 107 Chestnut St E Model at 107 Chestnut St E, Unit 212 in the in the Settlers Glen neighborhood starting from $3,500. The second greatest value Downtown Stillwater apartment is the Two Bedroom A Model at Cottages of Stillwater starting at $1,675 with a $2.00 price per square foot in the Settlers Glen neighborhood. Here is today’s list of the best values for Downtown Stillwater apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 107 Chestnut St E, Unit 212 | 107 Chestnut St E | 2BR,2BA | $2.33 |
| Cottages of Stillwater | Two Bedroom A | 2BR,1BA | $2.00 |
| Stonebridge Apartments | 2BR/1.0BA | 2BR,1BA | $1.65 |
| Curve Crest Villas | 1 Bedroom TXC | 1BR,1BA | $1.88 |
| Miller Apartments | The Bloomer | Studio ,1BA | $4.20 |
Frequently Asked Questions about Cheap Downtown Stillwater Apartments
What is the price of a cheap apartment in Downtown Stillwater?
The cheapest apartment in Downtown Stillwater is Curve Crest Villas which is listed at $1,365, while the average apartment in Downtown Stillwater costs $2,565.
What types of apartments are the cheapest in Downtown Stillwater?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Downtown Stillwater that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.