Landmark Tower
345 Saint Peter St,
Saint Paul, MN 55102
Studio - 2 Beds | $1,393 - $5,248
Rental Market Trends in Saint Paul, MN
What is the average rent in Saint Paul, MN?
$1,267/month
Average Rent
680 Sq Ft
Average Apartment Size
+1.9%
Increase in the Last Year
As of April 2025, the average rent in Saint Paul, MN is $1,267 per month. This is 22% lower than the national average rent of $1,623/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 $1,111 per month for a studio, $1,267 for a one-bedroom apartment, and around $1,606 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,110 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 1.9%, which averages out to $24 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 April 2025
Legend
2024
2025
Rent Ranges in Saint Paul, MN
Last Updated April 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
2%
Below $700/month
31%
$700 - $1,000/month
51%
$1,001 - $1,500/month
13%
$1,501 - $2,000/month
3%
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, Conway and Battle Creek 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, West Seventh, Arts District and Downtown St Paul 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, Arts District and West Seventh .
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 $1,267, you’ll want to make about $4,223 per month or $50,676 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.
Cost of Living
The cost of living in Saint Paul, MN is 6.3% lower than the national average. Generally, housing in Saint Paul is 16.2% less expensive than the national average, with rent falling between $1,111 - $2,110. You can expect to pay 2.2% more for groceries, 5.4% less for utilities, and 3.6% less for transportation.
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
$790/month
$1,245/month
One Bedroom
$1,013/month
$1,521/month
Two Bedroom
$1,226/month
$2,071/month
Three Bedroom
$1,382/month
$2,890/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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47
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Bader Companies
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Bigos Management
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52
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Preferred Management Services, Inc.
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10
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1,490
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2
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Real Estate Equities
-
20
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3,348
Units
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13
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EquiMax Real Estate, LLC.
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13
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719
Units
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8
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Willow Bridge
-
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
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.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.