Downtown St. Paul is best-fit for government, law, professional services, financial services.

  • Tier: established.
  • Tenant fit: Government, law, professional services, financial services.
  • Average rent $26/sqft/yr.

Downtown St. Paul, Minneapolis: best fit for…

Downtown St. Paul is best-fit for government, law, professional services, financial services.

TL;DR

  • Tier: established.
  • Tenant fit: Government, law, professional services, financial services.
  • Average rent $26/sqft/yr.

Best fit

Government, law, professional services, financial services.

Less good fit

Tenants demanding a trophy or marquee address will look elsewhere; established tier prioritises cost and access over brand.

Key facts

cityMinneapolis
submarketDowntown St. Paul
tierestablished
averageRentLocal$26/sqft/yr
cityClassARentUsd$32/sqft/yr
cityVacancyPct23.7%

Frequently asked questions

Is Downtown St. Paul the right fit for my office?
Government, law, professional services, financial services. If your profile aligns, yes. If your priority is cost over address, consider value-tier submarkets first.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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