Cheap Apartments for Rent in 55024

25 rentals

Apartments For Rent Near 55024

We found 30 more apartments matching your filters just outside 55024

Average Rent Trends in 55024

Rent in 55024 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
Jun 2025$2,400
Jul 2025$2,365
Aug 2025$2,050
Sep 2025$2,195
Oct 2025$2,300
Nov 2025$2,375
Dec 2025$2,200
Jan 2026$1,947
Feb 2026$1,950
Mar 2026$2,100
Apr 2026$2,250
May 2026$2,218
View as a graph

Average Rent By Bedroom and Home Type

In May 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$1,640$1,950$2,498$2,944$2,445
Townhomes—$1,999$2,195$2,250$1,999
Apartments and Condos—$1,250—$1,700$1,650
Houses——$2,498$3,395$2,939

Frequently Asked Questions about Rentals in 55024

  • What is the average rent of an apartment in 55024?
    The average rent of an apartment in 55024 is $1,713 per month. This is about 11% lower than the national average.
  • What is the average rent of a house in 55024?
    The average rent of a house in 55024 is $2,939 per month. This is about 52% higher than the national average.
  • What is the average rent of a townhome in 55024?
    The average rent of a townhome in 55024 is $1,999 per month. This is about 4% higher than the national average.
  • When is the average rent cheapest in 55024?
    In the last year, the average rent in 55024 was lowest in Apr 2025 when it was $1,959 per month.
  • When is the average rent most expensive in 55024?
    In the last year, the average rent in 55024 was highest in Jun 2025 when it was $2,400 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 55024?
    The average rent of a 1 bedroom apartment in 55024 is $1,640 per month. That is about $240 more than the cost of a studio apartment.
  • How many available rental listings are in 55024?
    There are 29 available rental listings in 55024.
  • What are some cities near 55024?
    Some nearby cities include: Farmington, Hampton, Lakeville, Randolph, Coates, Apple Valley. These cities may have more rental options to explore.