Apartments in 55124

19 rentals

Apartments For Rent Near 55124

We found 30 more apartments matching your filters just outside 55124

Average Rent Trends in 55124

Rent in 55124 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment increased in Nov 2026 compared to the previous month. Rent for apartments peaked in Jul 2025.
MonthAverage rent
Dec 2025$1,491
Jan 2026$1,486
Feb 2026$1,472
Mar 2026$1,551
Apr 2026$1,431
May 2026$1,592
Jun 2026$1,675
Jul 2026$1,694
Aug 2026$1,661
Sep 2026$1,583
Oct 2026$1,583
Nov 2026$1,784
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 Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,520$1,900$2,155$2,842$1,999
Townhomes—$1,970$2,350$2,449$2,150
Apartments and Condos—$1,795$1,850—$1,850
Houses$1,200$1,975$2,600$2,850$2,673

Frequently Asked Questions about Apartments and Condos for rent in 55124

  • What is the average rent of an apartment in 55124?
    The average rent of an apartment in 55124 is $1,552 per month.
  • When is the average rent for an apartment cheapest in 55124?
    In 2025, the average rent for an apartment in 55124 was lowest in March when it was $1,304 per month.
  • When is the average rent for an apartment most expensive in 55124?
    In 2025, the average rent for an apartment in 55124 was highest in July when it was $1,763 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 55124?
    The average rent of a 1 bedroom apartment in 55124 is $1,520 per month. That is about $282 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 55124?
    There are 28 available apartments or condos to rent in 55124.
  • What are some cities near 55124?
    Some nearby cities include: Apple Valley, Burnsville, Eagan, Rosemount, Savage, Lakeville. These cities may have more rental options to explore.