Cheap Apartments for Rent in 55060

26 rentals

Apartments For Rent Near 55060

We found 16 more apartments matching your filters just outside 55060

Average Rent Trends in 55060

Rent in 55060 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
Jun 2025$1,200
Jul 2025$1,050
Aug 2025$1,100
Sep 2025$1,043
Oct 2025$1,100
Nov 2025$1,150
Dec 2025$1,000
Jan 2026$1,000
Feb 2026$1,050
Mar 2026$1,200
Apr 2026$1,050
May 2026$1,050
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$959$1,200$1,395—$1,050
Townhomes—$1,100——$1,100
Apartments and Condos$925$1,100$1,395—$995
Houses$1,175$1,400$1,595—$1,595

Frequently Asked Questions about Rentals in 55060

  • What is the average rent of an apartment in 55060?
    The average rent of an apartment in 55060 is $1,085 per month. This is about 44% lower than the national average.
  • What is the average rent of a house in 55060?
    The average rent of a house in 55060 is $1,595 per month. This is about 17% lower than the national average.
  • What is the average rent of a townhome in 55060?
    The average rent of a townhome in 55060 is $1,100 per month. This is about 43% lower than the national average.
  • When is the average rent cheapest in 55060?
    In the last year, the average rent in 55060 was lowest in Dec 2025 when it was $1,000 per month.
  • When is the average rent most expensive in 55060?
    In the last year, the average rent in 55060 was highest in Jun 2025 when it was $1,200 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 55060?
    The average rent of a 1 bedroom apartment in 55060 is $959 per month. That is about $110 more than the cost of a studio apartment.
  • How many available rental listings are in 55060?
    There are 28 available rental listings in 55060.
  • What are some cities near 55060?
    Some nearby cities include: Owatonna, Hope, Medford, Claremont, Ellendale, Waseca. These cities may have more rental options to explore.