Apartments in 55123

16 rentals

Apartments For Rent Near 55123

We found 17 more apartments matching your filters just outside 55123

Average Rent Trends in 55123

Rent in 55123 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Nov 2026 compared to the previous month. Rent for apartments peaked in Oct 2025.
MonthAverage rent
Dec 2025$1,762
Jan 2026$1,465
Feb 2026$1,702
Mar 2026$1,670
Apr 2026$1,505
May 2026$1,618
Jun 2026$1,595
Jul 2026$1,687
Aug 2026$1,702
Sep 2026$1,675
Oct 2026$1,683
Nov 2026$1,643
View as a graph

Average Rent By Bedroom and Home Type

In November 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,371$1,718$2,526$2,709$1,980
Townhomes—$1,900$2,790$2,200$2,750
Apartments and Condos—$1,561$1,531—$1,561
Houses——$2,699$2,709$2,709

Frequently Asked Questions about Apartments and Condos for rent in 55123

  • What is the average rent of an apartment in 55123?
    The average rent of an apartment in 55123 is $1,600 per month.
  • When is the average rent for an apartment cheapest in 55123?
    In 2025, the average rent for an apartment in 55123 was lowest in January when it was $1,533 per month.
  • When is the average rent for an apartment most expensive in 55123?
    In 2025, the average rent for an apartment in 55123 was highest in October when it was $1,833 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 55123?
    The average rent of a 1 bedroom apartment in 55123 is $1,371 per month. That is about $171 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 55123?
    There are 19 available apartments or condos to rent in 55123.
  • What are some cities near 55123?
    Some nearby cities include: Eagan, Inver Grove Heights, Sunfish Lake, Apple Valley, Rosemount, Mendota Heights. These cities may have more rental options to explore.