Downtown St. Paul / Lowertown, MN
August 2026
55101,55102
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,356 – $1,440 | -0.72% | -0.25% |
| 2-Bedroom | $1,842 – $1,964 | 1.28% | 4.87% |
| 3-Bedroom | $2,444 – $2,595 | -1.99% | 2.85% |
| 4-Bedroom | $2,903 – $3,082 | 0.93% | 2.36% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,468 – $1,565 | 0.96% | 4.05% |
| 2-Bedroom | $1,980 – $2,124 | 6.98% | 9.24% |
| 3-Bedroom | $2,618 – $2,819 | -0.88% | 3.40% |
| 4-Bedroom | $2,977 – $3,162 | 1.32% | 2.90% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,669 – $1,755 | 0.61% | 0.55% |
| 2-Bedroom | $1,842 – $1,975 | -4.37% | -6.91% |
| 3-Bedroom | $2,401 – $2,524 | -4.35% | -2.40% |
| 4-Bedroom | $2,676 – $2,841 | 0.64% | -1.71% |
In the Downtown St. Paul / Lowertown (55101, 55102) rental market, 1-bedroom apartments saw a decline, with median rent decreasing 4.39% month-over-month to $1,447. This segment also posted a -1.59% year-over-year change, highlighting downward movement in entry-level apartment pricing.
Across Downtown St. Paul / Lowertown (55101, 55102), 3-bedroom condo/townhomes reached $2,774 in median rent, which exceeds 3-bedroom apartments at $2,594 by $180 and marks a 4.29% year-over-year increase. This gap suggests a pricing premium for condo/townhome layouts in larger unit categories.
Recent Downtown St. Paul / Lowertown (55101, 55102) rental trends indicate that 4-bedroom single-family homes climbed 1.1% month-over-month, reaching a median rent of $2,931 with a 2.59% year-over-year increase. This measured growth reflects higher demand for spacious detached homes.