Cheap Apartments for Rent in 55016

21 rentals

Apartments For Rent Near 55016

We found 30 more apartments matching your filters just outside 55016

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 Sep 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Oct 2025$2,350
Nov 2025$2,180
Dec 2025$2,395
Jan 2026$2,465
Feb 2026$2,665
Mar 2026$2,593
Apr 2026$2,395
May 2026$2,395
Jun 2026$2,350
Jul 2026$2,160
Aug 2026$2,200
Sep 2026$2,200
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,441$1,750$2,265$2,505$2,095
Townhomes—$2,121$2,265—$2,180
Apartments and Condos—$1,700——$1,700
Houses—$1,968$2,362$2,505$2,505

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 $1,725 per month. This is about 11% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 55016?
    Last year, the cheapest month to find an apartment to rent was May 2025 when it was $2,077 per month.
  • How many cheap apartments are available in 55016?
    There are 10 apartments to rent that are cheaper than the city’s average rent of $2,095.
  • 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 $1,441 per month. That is about $12 less than the cost of a studio apartment.
  • 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.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 55016 - 156 Rentas | Trulia