Apartments in 55124

17 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 increased in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Jun 2025$1,632
Jul 2025$1,763
Aug 2025$1,730
Sep 2025$1,575
Oct 2025$1,449
Nov 2025$1,600
Dec 2025$1,491
Jan 2026$1,486
Feb 2026$1,470
Mar 2026$1,552
Apr 2026$1,431
May 2026$1,591
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$1,420$1,825$2,035$2,745$1,865
Townhomes—$1,895$2,473$2,400$2,097
Apartments and Condos$1,495$1,550$1,850—$1,599
Houses$675$1,899$2,795$2,850$1,995

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 $1,684 per month. This is about 13% lower than the national average.
  • When is the average rent cheapest in 55124?
    In the last year, the average rent in 55124 was lowest in Mar 2025 when it was $1,304 per month.
  • When is the average rent most expensive in 55124?
    In the last year, the average rent in 55124 was highest in Jul 2025 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 $1,473 per month. That is about $101 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 55124?
    There are 25 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.