Cheap Apartments for Rent in 55024

24 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 Sep 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
Oct 2025$2,300
Nov 2025$2,375
Dec 2025$2,200
Jan 2026$1,947
Feb 2026$1,944
Mar 2026$2,100
Apr 2026$2,250
May 2026$2,216
Jun 2026$2,495
Jul 2026$2,539
Aug 2026$2,495
Sep 2026$2,249
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$1,550$1,999$2,480$2,450$2,300
Townhomes—$1,999$2,350—$2,200
Apartments and Condos—$1,250——$1,500
Houses—$1,500$2,480$2,450$2,530

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 $1,661 per month. This is about 15% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 55024?
    Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $1,959 per month.
  • How many cheap apartments are available in 55024?
    There are 15 apartments to rent that are cheaper than the city’s average rent of $2,300.
  • 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 $1,550 per month. That is about $300 less than the cost of a studio apartment.
  • 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.