Lofts on Rose - 62+
1180 Prosperity Ave,
Saint Paul, MN 55106
1-2 Beds | $1,070 - $1,272
Rental Market Trends in Saint Paul, MN
What is the average rent in Saint Paul, MN?
$1,239/month
Average Rent
678 Sq Ft
Average Apartment Size
+1.5%
Increase in the Last Year
As of December 2024, the average rent in Saint Paul, MN is $1,239 per month. This is 21% lower than the national average rent of $1,560/month, making renting in Saint Paul more affordable than most cities in the US. When you rent an apartment in Saint Paul, you can expect to pay about $1,093 per month for a studio, $1,239 for a one-bedroom apartment, and around $1,574 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,094 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Saint Paul, MN?
In the past year, rent has increased by 1.5%, which averages out to $18 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Saint Paul, MN
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
2%
Below $700/month
34%
$700 - $1,000/month
49%
$1,001 - $1,500/month
11%
$1,501 - $2,000/month
4%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Saint Paul?
Based on current rent prices, North of Maryland, Dayton's Bluff and Conway are the most affordable neighborhoods in Saint Paul.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Saint Paul?
Based on current rent prices, Snelling Hamline, Merriam Park East and Riverview are the most expensive neighborhoods in Saint Paul.
Neighborhood
Average Rent
Average Sq Ft
Which Saint Paul neighborhoods have the most rentals available?
The neighborhoods in Saint Paul with the most apartments available are Downtown St Paul, Summit-University and Hamline-Midway .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Saint Paul, MN?
Because the average rent in Saint Paul is $1,239, you’ll want to make about $4,130 per month or $49,560 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Saint Paul, MN compare to other nearby cities and neighborhoods?
Use the tool below to compare Saint Paul, MN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$780/month
$1,266/month
One Bedroom
$1,002/month
$1,579/month
Two Bedroom
$1,205/month
$2,092/month
Three Bedroom
$1,372/month
$4,625/month
Nearby City Rent Trends
Apartment communities in Saint Paul we think you'll love
Property Management Companies in Saint Paul, MN
Kleinman Realty
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56
Communities
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3,328
Units
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16
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19 Communities in Saint Paul
Halverson and Blaiser
-
33
Communities
-
2,638
Units
-
9
Cities
13 Communities in Saint Paul
Bader Companies
-
61
Communities
-
9,096
Units
-
27
Cities
11 Communities in Saint Paul
Bigos Management
-
52
Communities
-
10,039
Units
-
23
Cities
11 Communities in Saint Paul
Preferred Management Services, Inc.
-
10
Communities
-
1,490
Units
-
2
Cities
10 Communities in Saint Paul
Real Estate Equities
-
20
Communities
-
3,064
Units
-
14
Cities
8 Communities in Saint Paul
EquiMax Real Estate, LLC.
-
13
Communities
-
719
Units
-
8
Cities
7 Communities in Saint Paul
Willow Bridge
-
680
Communities
-
186,385
Units
-
311
Cities
6 Communities in Saint Paul
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.