Downtown St. Paul / Lowertown, MN · Minneapolis metro
September 2026
55101,55102
Long-term Rental Rates
Long-term rental rates for Downtown St. Paul / Lowertown (55101,55102), in the Minneapolis metro area, as of September 2026.
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,444 – $1,596 | 8.82% | 7.31% |
| 2-Bedroom | $1,872 – $2,069 | 3.96% | 9.18% |
| 3-Bedroom | $2,289 – $2,515 | -4.90% | -3.14% |
| 4-Bedroom | $2,908 – $3,088 | 0.19% | 2.02% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,463 – $1,538 | -1.03% | 2.54% |
| 2-Bedroom | $1,923 – $2,050 | -5.92% | 5.51% |
| 3-Bedroom | $2,631 – $2,794 | -0.09% | 1.50% |
| 4-Bedroom | $2,991 – $3,171 | 0.46% | 2.53% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,698 – $1,785 | 1.07% | 1.75% |
| 2-Bedroom | $1,970 – $2,071 | 5.22% | -2.14% |
| 3-Bedroom | $2,527 – $2,684 | 5.40% | 2.10% |
| 4-Bedroom | $2,569 – $2,766 | -1.46% | -5.09% |
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.