Cheap Homes for Rent in Downtown Neighborhood of St. Paul, MN from $1,400 (5 Rentals)

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

property at 240 Spring St

240 Spring St

St. PaulMN55102

Downtown, St. Paul, MN Local Guide

Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Minneapolis, MN is a 1 Bed unit found at Lowry Apartments priced from $884. Verdant has the second lowest priced unit, which is a Studio apartment currently listed from $893. Here are the most affordable Downtown apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Lowry Apartments1 Bedroom 1 Bath1BR,1BA$884
VerdantIvyStudio,1BA$893
795 East 6th StStudioStudio,1BA$925

Best Value Apartments for Rent in Downtown, MN

As of March 27, 2025 the best value apartment in the Downtown area is the $1.50 price per square foot Getty Model at 333 on the Park in the in the Downtown neighborhood starting from $2,319. The second greatest value Downtown 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 apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
333 on the ParkGetty2BR,2BA$1.50
Rayette LoftsA5 - The Hall1BR,1BA$1.78
Commerce Apartments Limited Partnership2BR2BR,1BA$1.51
Parkside Apartments1 Bedroom1BR,1BA$1.32
The Cambric Senior ApartmentsOne Bedroom C1BR,1BA$1.76
Degree of HonorStudioStudio ,1BA$1.83
224 Bates Ave1 Bedroom1BR,1BA$1.73
795 East 6th StStudioStudio ,1BA$1.76
Sibley ParkStudioStudio ,1BA$1.84
VerdantIvyStudio ,1BA$1.76

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Frequently Asked Questions about Downtown

What type of rentals are currently available in Downtown?

There are currently 128 Apartments for Rent in Downtown, MN with pricing that ranges from $824 to $5,401. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,490 to $1,700.

What is the current price range for Rental Homes in Downtown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $1,490 to $1,700 with an average monthly rent of $1,561.

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.

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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.

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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.