Apartments in 55123

17 rentals

Apartments For Rent Near 55123

We found 12 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 Jun 2026 compared to the previous month. Rent for apartments peaked in Oct 2025.
MonthAverage rent
Jul 2025$1,643
Aug 2025$1,578
Sep 2025$1,564
Oct 2025$1,833
Nov 2025$1,707
Dec 2025$1,762
Jan 2026$1,465
Feb 2026$1,702
Mar 2026$1,670
Apr 2026$1,503
May 2026$1,620
Jun 2026$1,594
View as a graph

Average Rent By Bedroom and Home Type

In June 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$1,505$1,747$2,356$2,950$1,925
Townhomes—$1,900$2,699—$2,699
Apartments and Condos—$1,925$1,650—$1,695
Houses$1,800—$3,183$2,950$3,100

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 $1,677 per month. This is about 14% lower than the national average.
  • When is the average rent cheapest in 55123?
    In the last year, the average rent in 55123 was lowest in Jan 2025 when it was $1,533 per month.
  • When is the average rent most expensive in 55123?
    In the last year, the average rent in 55123 was highest in Oct 2025 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 $1,404 per month. That is about $161 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.