Luxury Apartments for Rent in 55042
15 rentals
- 0.97 ACRES
- PET FRIENDLY$2,895 - $4,250/mo2 Beds2-3 BathsWoodhelm Townhomes | 11300 Upper 39th Street Cir N #11286,
Lake Elmo, MN 55042 - APPLY INSTANTLYPET FRIENDLY
- APPLY INSTANTLYPET FRIENDLY
- PET FRIENDLY
- SPECIAL OFFERPET FRIENDLYTotal price$2,995 - $3,095/mo3 Beds4 BathsBentley Village | 9485 4th St N #11042420,
Lake Elmo, MN 55042 - PET FRIENDLY
- Total price$1,515 - $2,701/moStudio-2 Beds1-2 BathsSprings at Lake Elmo | 9730 Hudson Blvd N #817,
Lake Elmo, MN 55042 Save Search in 55042
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Apartments For Rent Near 55042
We found 30 more apartments matching your filters just outside 55042
- PET FRIENDLY
- SPECIAL OFFERPET FRIENDLY
- PET FRIENDLYTotal price$2,736 - $4,470/mo2-5 Beds2-4 BathsCadia St. Croix | 11483 Crestbury Dr #19-01158,
Saint Paul, MN 55129 - APPLY INSTANTLYPET FRIENDLY
- SPECIAL OFFERPET FRIENDLY$1,699 - $3,737/moStudio-3 Beds1-3 BathsAspire at CityPlace | 9000 City Place Blvd #3120,
Saint Paul, MN 55125 - SPECIAL OFFERPET FRIENDLY$2,986 - $3,655/mo3-4 Beds4 BathsMeridian at CityPlace | 8868 Meridian Way #8914,
Saint Paul, MN 55125 - $1,813 - $2,936/mo1-3 Beds1-3 BathsThe Edison at Woodbury | 326 Karen Dr #B-260,
Saint Paul, MN 55129 - $2,304 - $2,800/mo2-3 Beds2-3 BathsThe Espen Residences - Townhomes | 3998 Hayward Ave N #4936803,
Saint Paul, MN 55128 - $1,445 - $2,795/mo1-3 Beds1-3 BathsCity Walk at Woodbury | 10225 City Walk Dr #147W,
Saint Paul, MN 55129
Average Rent Trends in 55042
Rent in 55042 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 Dec 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,800 |
| Jul 2025 | $2,850 |
| Aug 2025 | $3,010 |
| Sep 2025 | $2,695 |
| Oct 2025 | $2,900 |
| Nov 2025 | $2,869 |
| Dec 2025 | $3,272 |
| Jan 2026 | $2,900 |
| Feb 2026 | $1,999 |
| Mar 2026 | $1,999 |
| Apr 2026 | $2,228 |
| May 2026 | $1,999 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,676 | $1,895 | $2,310 | $4,000 | $1,999 |
| Townhomes | — | — | $2,698 | — | $2,699 |
| Apartments and Condos | — | $1,895 | $1,999 | — | $1,925 |
| Houses | — | $1,906 | — | $4,000 | $4,000 |
Frequently Asked Questions about Rentals in 55042
- What is the average rent of an apartment in 55042?The average rent of an apartment in 55042 is $2,588 per month. This is about 34% higher than the national average.
- What is the average rent of a house in 55042?The average rent of a house in 55042 is $4,000 per month. This is about 107% higher than the national average.
- What is the average rent of a townhome in 55042?The average rent of a townhome in 55042 is $2,699 per month. This is about 40% higher than the national average.
- When is the average rent cheapest in 55042?In the last year, the average rent in 55042 was lowest in Apr 2025 when it was $1,695 per month.
- When is the average rent most expensive in 55042?In the last year, the average rent in 55042 was highest in Dec 2025 when it was $3,272 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 55042?The average rent of a 1 bedroom apartment in 55042 is $1,676 per month. That is about $316 more than the cost of a studio apartment.
- How many available rental listings are in 55042?There are 15 available rental listings in 55042.
- What are some cities near 55042?Some nearby cities include: Lake Elmo, Oakdale, Pine Springs, Landfall Village, Oak Park Heights, North Saint Paul. These cities may have more rental options to explore.