- Minnesota
- Saint Paul
- Renter Market Trends
Rental market trends in Saint Paul, MN
Please reach out to press@rent.com for any media inquiries regarding this data.
Average Apartment Cost in Saint Paul, MN
Apartment Rent Ranges in Saint Paul, MN
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
0% | 23% | 36% | 22% | 19% |
Neighborhood Apartment Rent Trends in Saint Paul, MN
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Hazelwood | $1,350 | +4% |
| Lowertown | $1,307 | +9% |
| Snelling Hamline | $1,269 | -- |
| Downtown St. Paul | $1,264 | +9% |
| Merriam Park - Lexington - Hamline | $1,263 | -- |
| Merriam Park East | $1,212 | -- |
| Roselawn | $1,199 | +5% |
| Downtown | $1,195 | -- |
| West Side | $1,173 | +13% |
| Downtown Apple Valley | $1,120 | 0% |
| Summit Hill | $1,059 | +4% |
| West St. Paul | $1,015 | -10% |
| Beaver Lake | $995 | 0% |
| Como Park | $985 | 0% |
| Historic Hill District | $960 | -- |
| Payne - Phalen | $930 | +5% |
| St. Anthony | $920 | -35% |
| South St. Anthony | $920 | -35% |
| Battle Creek | $899 | -7% |
| Summit - University | $895 | +1% |
| North End | $895 | +5% |
| Highland | $895 | 0% |
| Macalester - Groveland | $895 | +6% |
| Woodland Park Historic District | $895 | -- |
| Merriam Park West | $874 | +40% |
| Greater East Side | $865 | +5% |
| Hamline - Midway | $850 | -- |
| Southview Park | $850 | -- |
| South Como | $799 | -- |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Galaxie Commons | $1,751 | +52% |
| Thompson Oaks | $1,654 | -- |
| Lowertown | $1,645 | +13% |
| West Seventh | $1,637 | -10% |
| Downtown | $1,554 | -- |
| Downtown St. Paul | $1,469 | +8% |
| Hazelwood | $1,424 | +1% |
| McCarrons | $1,422 | -- |
| Downtown Apple Valley | $1,400 | 0% |
| Southview Park | $1,390 | -- |
| West St. Paul | $1,347 | +2% |
| Albert Park-Harmon Park-Emerson Park | $1,311 | -- |
| Macalester - Groveland | $1,279 | +15% |
| Beaver Lake | $1,250 | +9% |
| Historic Hill District | $1,225 | -- |
| Como Park | $1,213 | -1% |
| Thomas - Dale | $1,200 | -- |
| West Frogtown | $1,200 | -- |
| Payne - Phalen | $1,199 | -4% |
| Summit Hill | $1,199 | +7% |
| Roselawn | $1,187 | -4% |
| Highland | $1,158 | +1% |
| St. Anthony | $1,149 | +9% |
| Langford Park | $1,149 | -- |
| Merriam Park - Lexington - Hamline | $1,143 | -- |
| Snelling Hamline | $1,143 | -- |
| Battle Creek | $1,102 | -7% |
| Woodland Park Historic District | $1,095 | -- |
| Merriam Park West | $1,090 | 0% |
| Merriam Park East | $1,070 | -30% |
| North End | $1,050 | +1% |
| Greater East Side | $1,045 | +5% |
| South St. Anthony | $1,020 | -39% |
| West Side | $1,019 | -34% |
| Hamline - Midway | $1,000 | -- |
| Dayton's Bluff | $975 | -2% |
| Fairview Southwest | $940 | 0% |
| South Como | $890 | -- |
| Summit - University | $750 | -21% |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Thompson Oaks | $2,418 | -- |
| Lowertown | $2,328 | +5% |
| Downtown | $2,300 | -- |
| Downtown St. Paul | $2,255 | +1% |
| Energy Park | $1,995 | -- |
| Hazelwood | $1,830 | +2% |
| Highland | $1,810 | +27% |
| Southview Park | $1,805 | -- |
| Downtown Apple Valley | $1,725 | 0% |
| West St. Paul | $1,700 | +5% |
| Macalester - Groveland | $1,687 | +37% |
| McCarrons | $1,662 | -- |
| Summit - University | $1,645 | +13% |
| Woodland Park Historic District | $1,645 | -- |
| Galaxie Commons | $1,575 | +3% |
| Como Park | $1,540 | -6% |
| Historic Hill District | $1,450 | -- |
| Summit Hill | $1,434 | +4% |
| Roselawn | $1,424 | +4% |
| Hamline - Midway | $1,412 | -- |
| Battle Creek | $1,404 | +17% |
| Beaver Lake | $1,400 | 0% |
| Payne - Phalen | $1,399 | +11% |
| Albert Park-Harmon Park-Emerson Park | $1,385 | -- |
| North End | $1,370 | +5% |
| Langford Park | $1,349 | -- |
| Merriam Park - Lexington - Hamline | $1,309 | -- |
| Merriam Park West | $1,309 | 0% |
| West Side | $1,269 | -41% |
| Merriam Park East | $1,250 | -7% |
| Greater East Side | $1,200 | 0% |
| Dayton's Bluff | $1,124 | -10% |
| Fairview Southwest | $1,042 | +3% |
| South Como | $990 | -- |
| St. Anthony | $939 | 0% |
| South St. Anthony | $939 | 0% |
How Other Cities Compare to Saint Paul, MN
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Saint Louis Park | $1,599 | +55% |
| Eden Prairie | $1,533 | -4% |
| Lakeville | $1,470 | +5% |
| Shakopee | $1,420 | +15% |
| Bloomington | $1,404 | +6% |
| Maple Grove | $1,399 | -1% |
| Eagan | $1,382 | +2% |
| Woodbury | $1,379 | -16% |
| Burnsville | $1,305 | +5% |
| Plymouth | $1,277 | +40% |
| Edina | $1,275 | +4% |
| New Brighton | $1,255 | -1% |
| Saint Anthony | $1,250 | +5% |
| Minneapolis | $1,241 | +10% |
| Minnetonka | $1,200 | -12% |
| Hopkins | $1,132 | +10% |
| Richfield | $1,095 | +7% |
| Oakdale | $1,064 | 0% |
| New Hope | $1,060 | 0% |
| Coon Rapids | $1,050 | -12% |
| Brooklyn Park | $979 | -2% |
| Crystal | $970 | -11% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Bloomington | $1,951 | +12% |
| Blaine | $1,901 | +25% |
| Eden Prairie | $1,812 | +21% |
| Eagan | $1,795 | +1% |
| Saint Louis Park | $1,747 | +42% |
| Maple Grove | $1,670 | -5% |
| Woodbury | $1,664 | +1% |
| Minneapolis | $1,632 | +8% |
| Edina | $1,626 | +2% |
| Minnetonka | $1,530 | +1% |
| Shakopee | $1,504 | +5% |
| Burnsville | $1,500 | +9% |
| Richfield | $1,493 | +13% |
| Saint Anthony | $1,460 | +8% |
| Plymouth | $1,407 | +3% |
| Lakeville | $1,395 | -13% |
| Oakdale | $1,345 | -8% |
| New Brighton | $1,330 | 0% |
| Coon Rapids | $1,288 | -13% |
| Hopkins | $1,282 | +22% |
| Crystal | $1,225 | +1% |
| New Hope | $1,110 | +2% |
| Brooklyn Park | $1,089 | +5% |
| River Falls | $900 | -- |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Saint Louis Park | $2,624 | +72% |
| Eden Prairie | $2,493 | +59% |
| Bloomington | $2,455 | -5% |
| Minneapolis | $2,297 | +7% |
| Eagan | $2,257 | +15% |
| Maple Grove | $2,138 | +4% |
| Woodbury | $2,015 | -3% |
| Hopkins | $1,971 | +29% |
| Burnsville | $1,935 | +14% |
| Minnetonka | $1,930 | -3% |
| Lakeville | $1,917 | +2% |
| Edina | $1,903 | -4% |
| Saint Anthony | $1,850 | +12% |
| Shakopee | $1,847 | 0% |
| Richfield | $1,790 | +7% |
| Plymouth | $1,775 | -3% |
| Oakdale | $1,615 | -7% |
| New Brighton | $1,598 | 0% |
| Blaine | $1,569 | -1% |
| Brooklyn Park | $1,434 | +5% |
| Coon Rapids | $1,405 | -28% |
| Crystal | $1,400 | 0% |
| New Hope | $1,369 | +2% |
Saint Paul, MN Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 | Nov 2024 | Dec 2024 |
| $1042 | $1035 | $1027 | $1035 | $1067 | $1097 | $1110 | $1085 | $1107 | $1100 | $1183 | $1112 | $1135 |
| $1245 | $1275 | $1286 | $1252 | $1255 | $1282 | $1307 | $1305 | $1313 | $1311 | $1311 | $1297 | $1306 |
| $1536 | $1552 | $1515 | $1510 | $1522 | $1533 | $1571 | $1566 | $1576 | $1560 | $1568 | $1577 | $1584 |
| $1890 | $1890 | $1911 | $1883 | $1911 | $1826 | $1827 | $1826 | $1805 | $1805 | $1805 | $1881 | $1881 |
Neighborhood Information for Saint Paul, MN
What are the most affordable neighborhoods in Saint Paul, MN?
The most affordable neighborhoods in Saint Paul are Summit - University, where the average 1-bedroom apartment rent goes for $750, South Como, where renters pay $890 on average for a 1-bedroom apartment, and Fairview Southwest, where the average 1-bedroom apartment rent goes for $940. If you're looking for other great deals, check out the listings in Dayton's Bluff ($975 for a 1-bedroom apartment) or Hamline - Midway ($1,000 for a 1-bedroom apartment), compared to the $1,292 average for an Saint Paul 1-bedroom apartment.
What are the most expensive neighborhoods in Saint Paul, MN?
The most expensive neighborhoods in Saint Paul are Galaxie Commons, where the average rent for a 1-bedroom apartment is just $1,751. offering similar apartments at an average of Thompson Oaks, $1,654, and Lowertown, $1,645. For additional value-for-money options, consider West Seventh ($1,637 for a 1-bedroom apartment) or Downtown ($1,554 for a 1-bedroom apartment). These prices represent a significant saving when compared to the Saint Paul average for a 1-bedroom apartment, which stands at $1,292.
What are the most popular neighborhoods in Saint Paul, MN?
The most popular neighborhoods in Saint Paul are South St. Anthony, where the average 1-bedroom apartment rent goes for $1,020, St. Anthony, where renters pay $1,149 on average for a 1-bedroom apartment, and Merriam Park West, where the average 1-bedroom apartment rent goes for $1,090. If you're looking for other popular neighborhoods, check out the listings in Langford Park ($1,149 for a 1-bedroom apartment) or Merriam Park - Lexington - Hamline ($1,143 for a 1-bedroom apartment), compared to the $1,292 average for an Saint Paul 1-bedroom apartment.
