Apartment for rent

Pet friendly

5+ Days Ago

1540 Mississippi St #1540-207
1540 Mississippi St #1540-207, Saint Paul, MN 55130, USA

Monthly rent	$1,095
Beds	2
Baths	1
Sqft	800

Monthly rent	$1,095
Beds	2
Baths	1
Sqft	800

5+ Days Ago

Highlights

Pet Friendly

Off-street parking
Garages available
On-site laundry facilities
Refrigerator
Window coverings
Air conditioners

Location

1540 Mississippi St #1540-207, Saint Paul, MN 55130, USA|Payne - Phalen

Tour 1540 Mississippi St #1540-207

Contact

EIG Property Management

(844) 326-7293 ext. 4302

Property Overview

Offering off-street parking and available garages enhances convenience, while on-site laundry facilities cater to everyday needs. The presence of modern amenities such as a refrigerator, window coverings, and air conditioners contributes to comfortable living. Ideal for those seeking a blend of practicality and comfort in a central location.

Things you’ll love

Less expensive
Elementary school nearby
Central heat

Great for

Pet owners

Amenities for 1540 Mississippi St #1540-207, Payne - Phalen

Apartment Amenities

Air Conditioning	Central Heat
Hardwood Floor	Heating
Vinyl Floors	Window Coverings

Appliances

Range

Refrigerator

Tech

High-Speed Internet

Wireless Internet

Building

Cats OK	Controlled Access
Dogs OK	Onsite Laundry
Smoke-free

Grounds

Courtyard	Garage Parking
Outdoor Space

Services

On-Site Maintenance

Recycling

Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

About 1540 Mississippi St #1540-207

Home

Apartments in St. Paul

Payne - Phalen

1540 Mississippi St #1540-207, Saint Paul, MN 55130, USA

Beautifully renovated 2 bedroom, 1 bath apartment available with refinished kitchen flooring! -- Appliances: Range, Refrigerator, AC, Fiber Internet Cabled Ready Pet Policy: Pet cats accepted with $200 non-refundable pet fee. Pet Dogs accepted with $400 non-refundable pet fee. Parking: Off-street unassigned parking lot permits available at $5/month. Assigned private garage available for $80/month. Laundry: Shared laundry room by credit card Residents pay electricity, directly to provider. Residents pay gas, water and solid waste per Utility Addendum App/Lease Notes: Application fee is $60 per person. Security deposit is 1 month's rent, but could be as high as 2 months' rent if the applicant has low credit or limited rental history. Upon approval, the applicant is required to sign the Pre-Lease Deposit Agreement and pay the full security deposit within 48 hours. We generally consider applications from individuals planning to move in within 45 days of the property's Estimated Available Date. This is a 4D unit and has an annual income threshold that ranges from $55,620 to $79,440 depending on the number of occupants. Applicants seeking a later move-in date may also be considered on a case-by-case basis, depending on property readiness and approval from management. Full screening criteria are available on EIG's website or by request to EIG. This property participates in Section 8. Every May 1, the rent amount will increase 3%. -- Phalen Village Apartments offers spacious studio, one and two bedroom apartments. Located off of Arlington on Westminster Street, you'll love our neighborhood's rich history, unique businesses, old world charm and the sparkling waters of Lake Phalen. Whatever your tastes: hot coffee & homemade pie, tamales, egg rolls, pizza or chow mein; you'll find a global menu in local shops & restaurants. Strong schools, lush parkways, and a spirited, lively and diverse community make Payne-Phalen a vibrant neighborhood to call home! Our apartments: -Upgraded Lighting Fixtures -Hardwood flooring or luxury vinyl plank* -On-Site Laundry Facilities -Shopping Nearby -Courtyard -Pet Friendly -Garages Available starting at $80/month -Window Coverings -No Smoking *non refundable pet fee required With all of Saint Paul & Little Canada just minutes away from your front door, the possibilities are endless: -Phalen Regional Park -Keller Golf Course -Gervais Lake -Trout Brook Nature Sanctuary -Ambrosia Community Gardens -Swede Hallow Park -Gateway Bike Trail -McDonough Rec Center -Arlington Field -Metro State University -Rosedale Mall So, what are you waiting for? Come discover Phalen Village Apartments – a perfect blend of comfort and convenience.

Property highlights

How 1540 Mississippi St, St. Paul, MN 55130, USA compares to other nearby properties.

Positives

Less expensive: Some rentals at this address are cheaper than similar listings nearby
Elementary school nearby: There is an elementary school 0.1 mile away
Central heat: This address offers a climate controlled environment
Covered parking: Garage, covered, or indoor parking is available at this address
Images available: There are at least 10 photos of this address

Considerations

Greater distance from high schools: The nearest high school is farther than 1 mile away

Address details

Neighborhood	Payne - Phalen
Zip code	55130
Type	Apartment for rent

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Rent trends in Payne - Phalen

2-bedroom apartments at 1540 Mississippi St #1540-207 cost about 9% less than the average rent price for 2-bedroom apartments in St. Paul.

Median rents as of Apr 18 2026.

Payne - Phalen

St. Paul

A table of 2-bedroom apartment rental data trends in St. Paul
Month	Median Rent
May 2024	$1,531
June 2024	$1,527
July 2024	$1,541
August 2024	$1,546
September 2024	$1,580
October 2024	$1,577
November 2024	$1,544
December 2024	$1,529
January 2025	$1,495
February 2025	$1,465
March 2025	$1,490
April 2025	$1,558
May 2025	$1,573
June 2025	$1,603
July 2025	$1,585
August 2025	$1,625
September 2025	$1,631
October 2025	$1,574
November 2025	$1,606
December 2025	$1,602
January 2026	$1,588
February 2026	$1,553
March 2026	$1,564
April 2026	$1,564

A table of 2-bedroom apartment rental data trends in Payne - Phalen
Month	Median Rent
May 2024	$1,149
June 2024	$1,169
July 2024	$1,185
August 2024	$1,196
September 2024	$1,204
October 2024	$1,220
November 2024	$1,220
December 2024	$1,220
January 2025	$1,220
February 2025	$1,235
March 2025	$1,212
April 2025	$1,220
May 2025	$1,210
June 2025	$1,205
July 2025	$1,205
August 2025	$1,222
September 2025	$1,236
October 2025	$1,289
November 2025	$1,319
December 2025	$1,240
January 2026	$1,317
February 2026	$1,300
March 2026	$1,281
April 2026	$1,240

Affordability calculator

Can I afford to live at 1540 Mississippi St #1540-207?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$43,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $43,800 annually to afford this 2-bedrooms monthly rent price of $1,095.

For more information on rent affordability, visit our rent calculator.

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Rent history

Check out the past listing prices for monthly rent at 1540 Mississippi St, St. Paul, MN.
			Bath
1 year ago	$795	1 bed	1 bath
1 year ago	$795	1 bed	1 bath
1 year ago	$850	1 bed	1 bath

Schools near 1540 Mississippi St #1540-207

Internet available near 1540 Mississippi St #1540-207

Getting around Saint Paul near 1540 Mississippi St #1540-207

Walking

4/10

Some shops and stores are within a few minutes.

Driving

9/10

Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10

More spots are within biking distance and some roads are cyclist-friendly.

Transit

4/10

There are a few mass transit options within the area.

Points of interest for 1540 Mississippi St #1540-207, Saint Paul

Groceries

4/10

At least one grocery store within a 30-minute walk

Shopping

3/10

Some shops within walking distance

Cafes

2/10

Few or no cafés within walking distance

Restaurants

5/10

Some restaurants within walking distance

Primary schools

8/10

At least one elementary school within a 10-minute walk

High schools

2/10

No high schools within a 30-minute walk

Parks

8/10

Large amount of park space nearby

Nightlife

2/10

Few or no bars within walking distance

Explore the area around 1540 Mississippi St #1540-207

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Other units at this address

1540 Mississippi St, St. Paul, MN

1540 Mississippi St St. Paul, MN

Occupied

1 Bed, 1 Bath

1 Bed

1 Bath

– sqft

$795

Air Conditioning • On-Site Laundry

Occupied

1540-302

1 Bed

1 Bath

650 sqft

$795

On-Site Laundry

Listed by Phalen Village - 1540-302

Days on market: 691

First-time EIG residents receive a $600 Visa Gift Card if move-in by July 15 (given 1-week after move-in) Top Floor with In-Wall AC! Appliances: Range, Refrigerator, AC, Fiber Internet Cabled Ready Pet Policy: Pet cats accepted with $200 non-refundable pet fee. Pet Dogs accepted with $400 non-refundable pet fee. Parking: Off-street unassigned parking lot permits available. Assigned private garage available for $80/month. Laundry: Shared laundry room by credit card Residents pay electricity, directly to provider. Residents pay gas, water and solid waste per Utility Addendum App/Lease Notes: Application fee is $60 per person. Security deposit is 1-month's rent, but could be as high as 2 month's rent if applicant has low credit or limited rental history. There is a $500 pre-lease deposit, due at the same time the application is submitted, which is refunded if the applicant is Denied, and becomes part of the security deposit if applicant is Approved. Full screening criteria is available on EIG's website or by request to EIG. This property participates in Section 8. Phalen Village Apartments offers spacious studio, one and two bedroom apartments. Located off of Arlington on Westminster Street, you'll love our neighborhood's rich history, unique businesses, old world charm and the sparkling waters of Lake Phalen. Whatever your tastes: hot coffee & homemade pie, tamales, egg rolls, pizza or chow mein; you'll find a global menu in local shops & restaurants. Strong schools, lush parkways, and a spirited, lively and diverse community make Payne-Phalen a vibrant neighborhood to call home! Our apartments: -Upgraded Lighting Fixtures -Hardwood flooring or luxury vinyl plank* -On-Site Laundry Facilities -Shopping Nearby -Courtyard -Air Conditioners -Refrigerator -Cat Friendly* (sorry no dogs) -Off-Street Parking -Garages Available starting at $75/month -Window Coverings -No Smoking *non refundable pet fee required With all of Saint Paul & Little Canada just minutes away from your front door, the possibilities are endless: -Phalen Regional Park -Keller Golf Course -Gervais Lake -Trout Brook Nature Sanctuary -Ambrosia Community Gardens -Swede Hallow Park -Gateway Bike Trail -McDonough Rec Center -Arlington Field -Metro State University -Rosedale Mall So, what are you waiting for? Come discover Phalen Village Apartments – a perfect blend of comfort and convenience.

Occupied

1540-203

1 Bed

1 Bath

650 sqft

$795

On-Site Laundry

Listed by Phalen Village - 1540-203

Days on market: 691

First-time EIG residents receive a $600 Visa Gift Card if move-in by July 15 (given 1-week after move-in) Second floor with in-wall AC! Appliances: Range, Refrigerator, AC, Fiber Internet Cabled Ready Pet Policy: Pet cats accepted with $200 non-refundable pet fee. Pet Dogs accepted with $400 non-refundable pet fee. Parking: Off-street unassigned parking lot permits available. Assigned private garage available for $80/month. Laundry: Shared laundry room by credit card Residents pay electricity, directly to provider. Residents pay gas, water and solid waste per Utility Addendum App/Lease Notes: Application fee is $60 per person. Security deposit is 1-month's rent, but could be as high as 2 month's rent if applicant has low credit or limited rental history. There is a $500 pre-lease deposit, due at the same time the application is submitted, which is refunded if the applicant is Denied, and becomes part of the security deposit if applicant is Approved. Full screening criteria is available on EIG's website or by request to EIG. This property participates in Section 8. Phalen Village Apartments offers spacious studio, one and two bedroom apartments. Located off of Arlington on Westminster Street, you'll love our neighborhood's rich history, unique businesses, old world charm and the sparkling waters of Lake Phalen. Whatever your tastes: hot coffee & homemade pie, tamales, egg rolls, pizza or chow mein; you'll find a global menu in local shops & restaurants. Strong schools, lush parkways, and a spirited, lively and diverse community make Payne-Phalen a vibrant neighborhood to call home! Our apartments: -Upgraded Lighting Fixtures -Hardwood flooring or luxury vinyl plank* -On-Site Laundry Facilities -Shopping Nearby -Courtyard -Air Conditioners -Refrigerator -Cat Friendly* (sorry no dogs) -Off-Street Parking -Garages Available starting at $75/month -Window Coverings -No Smoking *non refundable pet fee required With all of Saint Paul & Little Canada just minutes away from your front door, the possibilities are endless: -Phalen Regional Park -Keller Golf Course -Gervais Lake -Trout Brook Nature Sanctuary -Ambrosia Community Gardens -Swede Hallow Park -Gateway Bike Trail -McDonough Rec Center -Arlington Field -Metro State University -Rosedale Mall So, what are you waiting for? Come discover Phalen Village Apartments – a perfect blend of comfort and convenience.

Occupied

302

1 Bed

1 Bath

650 sqft

$850

Hardwood Floor • Assigned Parking • Microwave • In-Unit Laundry • Air Conditioning • On-Site Laundry

Listed by EIG Property Management

Days on market: 805

Top Floor with In-Wall AC! Appliances: Range, Refrigerator, AC, Fiber Internet Cabled Ready Pet Policy: Pet cats accepted with $200 non-refundable pet fee. Pet Dogs accepted with $400 non-refundable pet fee. Parking: Off-street unassigned parking lot permits available for $10/mo. Assigned private garage available for $100/month. Laundry: Shared laundry room by credit card Residents pay electricity, directly to provider. Residents pay gas, water and solid waste per Utility Addendum App/Lease Notes: Application fee is $60 per person. Security deposit is 1-month's rent, but could be as high as 2 month's rent if applicant has low credit or limited rental history. There is a $500 pre-lease deposit, due at the same time the application is submitted, which is refunded if the applicant is Denied, and becomes part of the security deposit if applicant is Approved. Full screening criteria is available on EIG's website or by request to EIG. This property participates in Section 8. Phalen Village Apartments offers spacious studio, one and two bedroom apartments. Located off of Arlington on Westminster Street, you'll love our neighborhood's rich history, unique businesses, old world charm and the sparkling waters of Lake Phalen. Whatever your tastes: hot coffee & homemade pie, tamales, egg rolls, pizza or chow mein; you'll find a global menu in local shops & restaurants. Strong schools, lush parkways, and a spirited, lively and diverse community make Payne-Phalen a vibrant neighborhood to call home! Our apartments: -Upgraded Lighting Fixtures -Hardwood flooring or luxury vinyl plank* -On-Site Laundry Facilities -Shopping Nearby -Courtyard -Air Conditioners -Refrigerator -Cat Friendly* (sorry no dogs) -Off-Street Parking -Garages Available starting at $75/month -Window Coverings -No Smoking *non refundable pet fee required With all of Saint Paul & Little Canada just minutes away from your front door, the possibilities are endless: -Phalen Regional Park -Keller Golf Course -Gervais Lake -Trout Brook Nature Sanctuary -Ambrosia Community Gardens -Swede Hallow Park -Gateway Bike Trail -McDonough Rec Center -Arlington Field -Metro State University -Rosedale Mall So, what are you waiting for? Come discover Phalen Village Apartments – a perfect blend of comfort and convenience.