Apartments for Rent in 55107

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What to Know About

Living in 55107

Saint Paul, known as the "Saintly City," is located near the banks of the Mississippi River. It's home to historical and cultural attractions such as the stunning Cathedral of Saint Paul, the Science Museum of Minnesota, the Minnesota Children's Museum, the Minnesota Museum of American Art, and the Landmark Center. In addition, the city is home to several major universities, including the University of St. Thomas, a private Catholic school, and Metropolitan State University.

Sports fans can cheer for their beloved Minnesota Wild (NHL), and outdoor fans can explore and enjoy nature by going through the scenic Mississippi National River and Recreation Area, the Como Park Zoo and Conservatory, and the beautiful Summit Avenue to completely immerse themselves in nature. The city also hosts various year-round events, including the Saint Paul Winter Carnival, the Minnesota State Fair, and the Twin Cities Jazz Festival. When it comes to entertainment, Saint Paul has something for everyone.

Saint Paul is a great place to live due to its high quality of life, beautiful parks and green spaces, strong economy, and welcoming community.

Rental Market Trends

Saint Paul, MN

As of June 2026, Saint Paul's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Saint Paul's average rent is 0.4% ($6) lower than the Minnesota average of $1,539 and 14.7% ($264) lower than the U.S. average of $1,797.

Average Rent
$1,533
Monthly ChangeMonth Over Month Change
Increased4.2% ($62)
Yearly ChangeYear Over Year Change
Increased10.5% ($146)
Avg. Days on MarketAverage Days on Market
31
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,350 Increased1.4% ($18) Increased8.7% ($108)
2 Beds $1,749 Increased5.3% ($88) Increased10.1% ($160)
3 Beds $2,239 Decreased0.2% ($4) Decreased1.7% ($38)
Nearby Cities Average Rent Avg. Rent vs. Saint PaulAverage Rent vs. Saint Paul Avg. Days on MarketAverage Days on Market
South Saint Paul $1,101 Decreased28.2% ($432) 27 days
Newport $1,308 Decreased14.7% ($225) 44 days
Inver Grove Heights $1,785 Increased16.4% ($252) 26 days
Minneapolis $1,565 Increased2.1% ($32) 33 days
Lake Elmo $3,597 Increased134.6% ($2064) 47 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Saint Paul Rental Market FAQs

Explore rental prices, market trends, and availability in Saint Paul, MN.

The average rent in Saint Paul, MN is $1,533 per month.
Apartments in Saint Paul typically rent for between $945 and $2,911 per month, with an average of $1,533 per month.
In Saint Paul, the average rent for a 1-bedroom apartment is $1,350 per month, for a 2-bedroom apartment, $1,749 per month, and a 3-bedroom apartment is $2,239 per month.
The average rent in Saint Paul is 14.7% ($264) lower than the national average of $1,797 per month.
The average rent in Saint Paul has increased by 4.2% ($62) in the last month and increased by 10.5% ($146) over the past year.
The rental market in Saint Paul, MN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Saint Paul, MN, the average rental stays on the market for approximately 31 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 592 rental properties available in Saint Paul, MN.
Based on the current averages, a household would need an annual income of $69,960 to comfortably afford a 2-bedroom apartment in Saint Paul.
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