Find Homes & Apartments for Rent in 55120

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What to Know About

Living in 55120

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 April 2025, Saint Paul's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Saint Paul's average rent is 1.6% ($23) higher than the Minnesota average of $1,429 and 18.8% ($336) lower than the U.S. average of $1,788.

Average Rent
$1,452
Monthly ChangeMonth Over Month Change
Increased1.3% ($18)
Yearly ChangeYear Over Year Change
Decreased6.4% ($100)
Avg. Days on MarketAverage Days on Market
43
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,243 Decreased0.8% ($10) Increased5.2% ($62)
2 Beds $1,615 Increased0.8% ($13) Increased0.5% ($8)
3 Beds $2,368 Decreased0.9% ($22) Increased12.5% ($263)
Nearby Cities Average Rent Avg. Rent vs. Saint PaulAverage Rent vs. Saint Paul Avg. Days on MarketAverage Days on Market
South Saint Paul $1,348 Decreased7.2% ($104) 27 days
Newport $1,301 Decreased10.4% ($151) 44 days
Inver Grove Heights $1,522 Increased4.8% ($70) 26 days
Minneapolis $1,345 Decreased7.4% ($107) 33 days
Cottage Grove $2,098 Increased44.5% ($646) 46 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 $1,452 per month.
Homes in Saint Paul typically rent for between $870 and $3,078 per month, with an average of $1,452 per month.
In Saint Paul, the average rent for a 1-bedroom home is $1,243 per month, for a 2-bedroom home, $1,615 per month, and a 3-bedroom home is $2,368 per month.
The average rent in Saint Paul is 18.8% ($336) lower than the national average of $1,788 per month.
The average rent in Saint Paul has increased by 1.3% ($18) in the last month and decreased by 6.4% ($100) over the past year.
The rental market in Saint Paul, MN, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Saint Paul, MN, the average rental stays on the market for approximately 43 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 700 rental properties available in Saint Paul, MN.
Based on the current averages, a household would need an annual income of $64,600 to comfortably afford a 2-bedroom home in Saint Paul.
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