Cheap Apartments for Rent in 55020

2 rentals

Apartments For Rent Near 55020

We found 30 more apartments matching your filters just outside 55020

Average Rent Trends in 55020

Rent in 55020 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jan 2026 compared to the previous month. Rent previously peaked in Dec 2025.
MonthAverage rent
Jan 2025$2,749
Aug 2025$2,665
Sep 2025$2,410
Dec 2025$3,795
Jan 2026$2,245
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Houses were the most affordable home type to rent compared with Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types——$1,650—$1,650
Townhomes——$2,395—$2,395
Houses——$1,650—$1,650

Frequently Asked Questions about Rentals in 55020

  • What is the average rent in 55020?
    The average rent in 55020 is $1,650. Rent prices range from $1,650 to as much as $2,395, depending on the type of rental.
  • How does the rent in 55020 compare to the national average?
    Average rent in 55020 is about 14% lower than the national average rent of $1,910. That means it is less expensive to rent in 55020 compared to the U.S. average.
  • What is the average rent in 55020, by number of bedrooms?
    The average rent in 55020 is $ for a studio, $ for a 1 bedroom, $ for a 2 bedroom, $1,650 for a 3 bedroom, and $ for a 4 bedroom.
  • How have rent prices in 55020 changed compared to last year?
    In the past year, the average rent price in 55020 has decreased by $850. That means the average rent is 52% lower than last year.
  • How many available rental listings are in 55020?
    There are 2 available rental listings in 55020.
  • What are some cities near 55020?
    Some nearby cities include: Elko New Market, Webster, Lakeville, Prior Lake, Lonsdale, New Prague. These cities may have more rental options to explore.