Cheap Apartments for Rent in 55040

5 rentals

Apartments For Rent Near 55040

We found 30 more apartments matching your filters just outside 55040

Average Rent Trends in 55040

Rent in 55040 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 Aug 2025.
MonthAverage rent
Oct 2025$1,486
Nov 2025$1,486
Dec 2025$1,590
Jan 2026$1,427
Feb 2026$1,397
Mar 2026$2,100
Apr 2026$1,650
May 2026$1,489
Jun 2026$1,462
Jul 2026$1,498
Aug 2026$1,550
Sep 2026$1,391
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types$1,305$1,434$1,498—$1,425
Houses$1,895—$900—$900

Frequently Asked Questions about Rentals in 55040

  • What is the average rent of an apartment in 55040?
    The average rent of an apartment in 55040 is $1,393 per month. This is about 28% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 55040?
    Last year, the cheapest month to find an apartment to rent was Mar 2025 when it was $1,443 per month.
  • How many cheap apartments are available in 55040?
    There are 4 apartments to rent that are cheaper than the city’s average rent of $1,425.
  • When is the average rent most expensive in 55040?
    In the last year, the average rent in 55040 was highest in Aug 2025 when it was $2,000 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 55040?
    The average rent of a 1 bedroom apartment in 55040 is $1,305 per month. That is about $200 more than the cost of a studio apartment.
  • What are some cities near 55040?
    Some nearby cities include: Isanti, Bethel, Saint Francis, Cambridge, East Bethel, Oak Grove. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 55040 - 562 Rentas | Trulia