Cheap Apartments for Rent in 55016
22 rentals
- PET FRIENDLYTotal price$1,320 - $2,213/mo1-3 Beds1-2 BathsHinton Heights | 7750 Hinton Ave S #7796-09,
Cottage Grove, MN 55016 - NEW - 9 HRS AGOSPECIAL OFFERPET FRIENDLYTotal price$1,397 - $2,327/mo1-2 Beds1-2 BathsThe Aurilla Apartments | 7689 Hardwood Ave S #5804943,
Cottage Grove, MN 55016 - PET FRIENDLY$1,445 - $2,135/moStudio-2 Beds1-2 BathsGrove80 Apartments | 7550 80th St #212,
Cottage Grove, MN 55016 - SPECIAL OFFERPET FRIENDLY
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Apartments For Rent Near 55016
We found 30 more apartments matching your filters just outside 55016
- PET FRIENDLY$620 - $2,480/moStudio-4 Beds0-2 BathsThe Commons | 8201 College Trl #1e7a22462,
Inver Grove Heights, MN 55076 - PET FRIENDLY
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- $1,110 - $1,745/mo1-3 Beds1-2 BathsPEARLWOOD ESTATES | 1860 52nd St E #6bd51893c,
Inver Grove Heights, MN 55077 - $1,129 - $1,560/mo1-2 Beds1-2 BathsLake Cove Village Apartments | 5359 Audobon Ave #6f7b3965f,
Inver Grove Heights, MN 55077 - $1,150 - $1,600/mo1-2 Beds1 BathBuron Lane Apartments | 221 Buron Ln #207-1,
South Saint Paul, MN 55075
Average Rent Trends in 55016
Rent in 55016 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,300 |
| Jul 2025 | $2,700 |
| Aug 2025 | $2,250 |
| Sep 2025 | $2,300 |
| Oct 2025 | $2,350 |
| Nov 2025 | $2,180 |
| Dec 2025 | $2,395 |
| Jan 2026 | $2,465 |
| Feb 2026 | $2,665 |
| Mar 2026 | $2,595 |
| Apr 2026 | $2,395 |
| May 2026 | $2,395 |
Average Rent By Bedroom and Home Type
In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,552 | $1,948 | $2,395 | $2,850 | $2,395 |
| Townhomes | — | $1,941 | $2,400 | — | $2,095 |
| Apartments and Condos | — | — | $2,395 | — | $2,395 |
| Houses | — | — | — | $2,900 | $2,900 |
Frequently Asked Questions about Rentals in 55016
- What is the average rent of an apartment in 55016?The average rent of an apartment in 55016 is $2,082 per month. This is about 8% higher than the national average.
- What is the average rent of a house in 55016?The average rent of a house in 55016 is $2,900 per month. This is about 50% higher than the national average.
- What is the average rent of a townhome in 55016?The average rent of a townhome in 55016 is $2,095 per month. This is about 9% higher than the national average.
- When is the average rent cheapest in 55016?In the last year, the average rent in 55016 was lowest in May 2025 when it was $2,077 per month.
- When is the average rent most expensive in 55016?In the last year, the average rent in 55016 was highest in Jul 2025 when it was $2,700 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 55016?The average rent of a 1 bedroom apartment in 55016 is $1,552 per month. That is about $74 more than the cost of a studio apartment.
- How many available rental listings are in 55016?There are 19 available rental listings in 55016.
- What are some cities near 55016?Some nearby cities include: Cottage Grove, Saint Paul Park, Newport, Woodbury, Inver Grove Heights, South Saint Paul. These cities may have more rental options to explore.