Cheap Apartments for Rent in the Downtown St Paul Neighborhood of Saint Paul, MN from $500 (47 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Downtown St Paul area of Saint Paul.

close
View Me
Central Towers (Senior)
Studio to 2 Bedroom Apartments

Central Towers (Senior)

20 Exchange St ESt. Paul, MN 55101
Senior Living
  • Utilities Included
close
View Me
Lowry Apartments
Studio to 2 Bedroom Apartments

Lowry Apartments

345 Wabasha St NSt. Paul, MN 55102
close
View Me
Renaissanse Box
Studio to 1 Bedroom Apartments

Renaissanse Box

200 10th St ESt. Paul, MN 55101
close
View Me
296 Bates
1 Bedroom Apartments

296 Bates

296 Bates AveSt. Paul, MN 55106
close
View Me
224 Bates Ave
1 Bedroom Apartments

224 Bates Ave

224 Bates AveSt. Paul, MN 55106
close
View Me
The Hollows
Studio to 1 Bedroom Apartments

The Hollows

520 Payne AveSt. Paul, MN 55130
  • Utilities Included
close
View Me
693 Wilson Ave
2 Bedroom Apartments

693 Wilson Ave

693 Wilson AveSt. Paul, MN 55106
close
View Me
Straus Lofts
Studio to 3 Bedroom Apartments

Straus Lofts

350 Sibley StSt. Paul, MN 55101
  • Utilities Included
close
View Me
697-705 Conway
2 Bedroom Apartments

697-705 Conway

697-705 Conway StSt. Paul, MN 55106
close
View Me
R7 Lofts
1 to 3 Bedroom Apartments

R7 Lofts

133 7th StSt. Paul, MN 55101
close
View Me
Heritage House
1 Bedroom Apartments

Heritage House

218-220 E 7th St ESt. Paul, MN 55101
Senior Living
  • Utilities Included
Showing Results 1-47, Page 1 of 1

Downtown St Paul, St. Paul, MN Local Guide

Cheapest Available Downtown St Paul Apartments for Rent

 

The cheapest available apartment rental in the Downtown St Paul area of St. Paul, MN is a 1 Bed unit found at Lowry Apartments priced from $884. 296 Bates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $930. Here are the most affordable Downtown St Paul apartments for rent in St. Paul, MN:

Apartment ListingModel NameBed/BathPriced From
Lowry Apartments1 Bedroom 1 Bath1BR,1BA$884
296 Bates1 Bedroom1BR,1BA$930
Sibley ParkStudioStudio,1BA$950
224 Bates Ave1 Bedroom1BR,1BA$952
Sibley CourtStudioStudio,1BA$970
Chestnut ArmsStudioStudio,1BA$975
Mears Park PlacePikeStudio,1BA$1,058
Pioneer EndicottStudiosStudio,1BA$1,122
Galtier TowersSt. Louis and StevensStudio,1BA$1,145
The Historic Minnesota BuildingA81BR,1BA$1,150

Best Value Apartments for Rent in Downtown St Paul, MN

As of March 27, 2025 the best value apartment in the Downtown St Paul area is the $1.58 price per square foot Gordon PH Model at 333 on the Park in the in the Downtown neighborhood starting from $2,711. The second greatest value Downtown St Paul apartment is the A5 - The Hall Model at Rayette Lofts starting at $1,780 with a $1.78 price per square foot in the Dayton's Buff neighborhood. Here is today’s list of the best values for Downtown St Paul apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
333 on the ParkGordon PH1BR,1BA$1.58
Rayette LoftsA5 - The Hall1BR,1BA$1.78
The CosmopolitanSilk2BR,2BA$1.88
Commerce Apartments Limited Partnership2BR2BR,1BA$1.51
Parkside Apartments1 Bedroom1BR,1BA$1.32
R7 Lofts1BR/1.0BA1BR,1BA$1.72
Degree of HonorStudioStudio ,1BA$1.83
224 Bates Ave1 Bedroom1BR,1BA$1.73
Sibley CourtStudioStudio ,1BA$1.88
Sibley ParkStudioStudio ,1BA$1.84

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown St Paul, Saint Paul, MN

Ranked #31

Among neighborhoods in Saint Paul, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Saint Paul. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown St Paul Apartments

What is a cheap apartment in Downtown St Paul?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown St Paul is under $1,150.

What is the price of a cheap apartment in Downtown St Paul?

The cheapest apartment in Downtown St Paul is Lowry Apartments which is listed at $884, while the average apartment in Downtown St Paul costs $2,650.

What types of apartments are the cheapest in Downtown St Paul?

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 803 regular apartments in Downtown St Paul that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown St Paul?

Cheap apartments in Downtown St Paul have an average cost of $496 which is $2,154 cheaper than the average rent for all rentals in Downtown St Paul.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.