Cheap Apartments for Rent in 55060

36 rentals

Apartments For Rent Near 55060

We found 20 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 increased in Sep 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
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
Jun 2026$1,050
Jul 2026$1,100
Aug 2026$1,150
Sep 2026$1,200
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Average Rent By Bedroom and Home Type

In October 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$949$1,200$1,650$1,850$1,175
Townhomes$950—$1,567—$950
Apartments and Condos$850$1,150$1,300—$1,150
Houses$850—$1,650$1,850$1,700

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 $1,141 per month. This is about 41% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 55060?
    Last year, the cheapest month to find an apartment to rent was Dec 2025 when it was $1,000 per month.
  • How many cheap apartments are available in 55060?
    There are 19 apartments to rent that are cheaper than the city’s average rent of $1,175.
  • 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 $949 per month. That is about $224 more than the cost of a studio apartment.
  • 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.