Cheap Apartments for Rent in 55123

18 rentals

Apartments For Rent Near 55123

We found 20 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 Apr 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
May 2025$1,900
Jun 2025$1,707
Jul 2025$1,705
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
View as a graph

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 Rentals in 55123

  • What is the average rent in 55123?
    The average rent in 55123 is $1,895. Rent prices range from $775 to as much as $2,995, depending on the type of rental.
  • How does the rent in 55123 compare to the national average?
    Average rent in 55123 is about 1% lower than the national average rent of $1,910. That means it is about the same price to rent in 55123 as the U.S. average.
  • What is the average rent in 55123, by number of bedrooms?
    The average rent in 55123 is $1,250 for a studio, $1,390 for a 1 bedroom, $1,895 for a 2 bedroom, $2,700 for a 3 bedroom, and $2,950 for a 4 bedroom.
  • How have rent prices in 55123 changed compared to last year?
    In the past year, the average rent price in 55123 has decreased by $5. That means the average rent is 0% lower than last year.
  • How many available rental listings are in 55123?
    There are 22 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.