Apartments for Rent in Summit - University, St. Paul, MN

Summit - University, St. Paul apartment availability

Summit - University's rental market offers a strong selection of listings, with an average of 110 rentals available each month. The neighborhood's inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and studio apartments, as well as some 3-bedroom options. Many of these rentals are pet-friendly, with over 70% allowing pets, making this a great neighborhood for pet owners. With its varied housing stock and accommodating pet policies, Summit - University is a popular choice for renters in St. Paul.

Summit - University, St. Paul rental market trends

The Summit - University neighborhood in St. Paul saw a decline in rent prices over the past year, with the average monthly rent decreasing by approximately 9.7% to $1,478. Breaking it down by bed count, 1-bedrooms averaged $1,377 per month, a 11.9% decrease from the previous year, while 2-bedrooms averaged $1,727, a 13.7% decrease. However, 3-bedrooms bucked the trend, increasing by 10% to $2,093 per month. Studios averaged $943 per month, an 8.2% decrease.

Rent prices in Summit - University tend to fluctuate throughout the year, with July typically seeing the highest rents and December the lowest. In fact, rents in July are about 15.5% higher than in December. If you're looking for a new apartment, winter may be a good time to search, as prices are generally lower. On the other hand, if you're looking to rent out a property, summer may be the best time to capitalize on higher demand and prices.

Why Summit - University, St. Paul is a great place to live

We've analyzed data from the Summit - University neighborhood to understand what makes it an attractive place to live. The results show that this area excels in two key areas: pet friendliness and social life.

For pet owners, Summit - University stands out due to its attention to pet needs, including pet waste facilities, ample space for pets to rest, pet-safe windows, and outdoor spaces. The lack of breed restrictions and availability of pet grooming services further enhance its pet-friendly reputation. Pet events are also a common occurrence, making it easy for pet owners to socialize with their furry friends.

The neighborhood also shines for those seeking an active social life, thanks to its well-designed street infrastructure, frequent transit options, and a diverse age distribution among residents. Safety and a high walk score add to the area's appeal, making it easy to get out and enjoy local amenities.