Luxury Apartments for Rent in 55016

23 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 May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage 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
View as a graph

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 bed2 beds3 beds4 bedsAll
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 $2,795 per month. This is about 45% 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 $1,528 per month. That is about $41 more than the cost of a studio apartment.
  • How many available rental listings are in 55016?
    There are 23 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.