Cheap Apartments for Rent in 55123

25 rentals

Apartments For Rent Near 55123

We found 21 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 Jul 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
Aug 2025$1,769
Sep 2025$1,770
Oct 2025$1,950
Nov 2025$1,925
Dec 2025$1,904
Jan 2026$1,941
Feb 2026$1,964
Mar 2026$1,850
Apr 2026$1,936
May 2026$1,900
Jun 2026$1,785
Jul 2026$1,900
View as a graph

Average Rent By Bedroom and Home Type

In July 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$1,490$1,850$2,460$2,499$1,887
Townhomes—$1,750$2,699—$2,650
Apartments and Condos—$1,895$1,650—$1,695
Houses$1,800—$3,150$2,499$3,100

Frequently Asked Questions about Rentals in 55123

  • What is the average rent of an apartment in 55123?
    The average rent of an apartment in 55123 is $1,692 per month. This is about 13% 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 Apr 2025 when it was $1,689 per month.
  • When is the average rent most expensive in 55123?
    In the last year, the average rent in 55123 was highest in Feb 2025 when it was $2,100 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 $1,490 per month. That is about $240 more than the cost of a studio apartment.
  • How many available rental listings are in 55123?
    There are 28 available rental listings 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.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 55123 - 119 Rentas | Trulia