Apartments in 55123

10 rentals

Apartments For Rent Near 55123

We found 11 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 increased in May 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
Jun 2025$1,657
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
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Average Rent By Bedroom and Home Type

In May 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$1,418$1,835$2,238$2,600$1,936
Townhomes—$2,095$2,799—$2,700
Apartments and Condos—$1,975$1,650—$1,650
Houses$895—$2,745$2,600$2,600

Frequently Asked Questions about Apartments and Condos for rent in 55123

  • What is the average rent of an apartment or condo in 55123?
    The average rent of an apartment or condo in 55123 is $1,613. Rent prices range from $1,195 to as much as $2,079, depending on the type of apartment or condo.
  • How does the rent of an apartment or condo in 55123 compare to the national average?
    Average rent of an apartment or condo in 55123 is about 16% lower than the national average rent of $1,910 for an apartment or condo. That means it is less expensive to rent an apartment or condo in 55123 compared to the U.S. average.
  • What is the average rent of an apartment or condo in 55123, by number of bedrooms?
    The average rent of an apartment or condo in 55123 is $1,228 for a studio, $1,464 for a 1 bedroom, $1,868 for a 2 bedroom, $1,960 for a 3 bedroom, and $3,165 for a 4 bedroom.
  • How have rent prices of an apartment or condo in 55123 changed compared to last year?
    In the past year, the average rent price of an apartment or condo in 55123 has decreased by $155. That means the average rent of an apartment or condo is 10% lower than last year.
  • How many apartments or condos are available to rent in 55123?
    There are 13 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.