Apartments for Rent in Payne - Phalen, St. Paul, MN

Payne - Phalen, St. Paul apartment availability

Payne - Phalen's rental market offers a very strong selection of listings, with an average of 156 rentals available each month in 2024. The neighborhood's inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as studios. Many of these rentals come with desirable amenities, including air conditioning, garage parking, and on-site laundry facilities, which are available in 57%, 56%, and 71% of apartments, respectively. With its varied housing options and convenient amenities, Payne - Phalen is a popular choice for renters in St. Paul, accounting for nearly 9% of the city's total listings.

Payne - Phalen, St. Paul rental market trends

The Payne - Phalen neighborhood in St. Paul saw a slight decline in rent prices over the past year, with an average monthly rent of $1,027 for all bed counts and property types, reflecting a 3.5% decrease. Breaking it down by bed count, 1-bedrooms average around $889 per month, with a minimal 0.9% decrease, while 2-bedrooms average $1,185, with a negligible 0.01% increase. Studios average $803, with a more notable 4.3% decrease.

In terms of seasonal fluctuations, February typically sees the highest rent prices, with a 15.4% increase compared to June, the month with the lowest rent. This suggests that renters may find better deals during the summer months. However, it's essential to consider the competitive landscape, as the most and least competitive months in Payne - Phalen may vary. By understanding these trends, renters can make informed decisions about their housing search.

Why Payne - Phalen, St. Paul is a great place to live

Payne-Phalen is a top choice for renters prioritizing social living and pet ownership. The neighborhood's walk score, population density, and transit frequency make it an ideal spot for those who value being out and about with friends. Additionally, the area's safety and well-maintained street infrastructure further enhance its appeal for social butterflies. Pet owners will also appreciate the abundance of pet-friendly features, including outdoor spaces, pet grooming services, and pet-safe windows. With no breed restrictions and pet events, Payne-Phalen is a haven for renters with furry friends. Overall, this neighborhood offers a unique blend of social opportunities and pet-friendly amenities, making it a great fit for renters seeking a lively and welcoming community.