Cheap Apartments for Rent in 55040
4 rentals
Use arrow keys to navigate$1,325 - $1,550/mo
1-2 Beds
1-2 BathsPark Brook Apartments (B) | 820 7th Ave NE #309,
Isanti, MN 55040
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Apartments For Rent Near 55040
We found 30 more apartments matching your filters just outside 55040
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Use arrow keys to navigatePET FRIENDLY$825 - $850/mo1-2 Beds1 BathRiverside Senior Apartments | 106 4th Ave S #10549668,
Princeton, MN 55371
$830 - $955/mo1-3 Beds1 BathPheasant Ridge Apartments | 5331-5337 Barthel Industrial Dr NE #13072148,
Albertville, MN 55301
PET FRIENDLY
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PET FRIENDLY$875 - $1,250/moStudio-2 Beds1-2 BathsPine Point | 10701 Hanson Blvd NW #d59109ce5,
Minneapolis, MN 55433
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PET FRIENDLYTotal price$995 - $2,295/moStudio-3 Beds1-2 BathsVillage Plaza Apartments | 33 Village Pkwy #20,
Circle Pines, MN 55014
$998 - $1,498/moStudio-2 Beds1 BathApartments on 1st Avenue, LLC | 625 1st Ave NE #13,
Osseo, MN 55369
NEW - 2 HRS AGOAPPLY INSTANTLY
PET FRIENDLY
SPECIAL OFFER$1,025 - $1,950/moStudio-2 Beds1-2 BathsArbor View Apartments | 407 11th Ave SW #4-109,
Forest Lake, MN 55025
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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 May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,700 |
| Jul 2025 | $1,485 |
| Aug 2025 | $2,000 |
| Sep 2025 | $1,464 |
| 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 | $1,485 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,325 | $1,395 | $1,830 | $2,500 | $1,501 |
| Apartments and Condos | $1,650 | — | — | — | $1,650 |
| Houses | — | — | — | $2,500 | $2,667 |
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 $1,511 per month. This is about 22% lower than the national average.
- What is the average rent of a house in 55040?The average rent of a house in 55040 is $2,500 per month. This is about 30% higher than the national average.
- When is the average rent cheapest in 55040?In the last year, the average rent in 55040 was lowest in Mar 2025 when it was $1,443 per month.
- 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 many available rental listings are in 55040?There are 5 available rental listings in 55040.
- 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.