Cheap Apartments for Rent in 55124
55 rentals
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- PET FRIENDLY$1,289 - $1,599/mo2-3 Beds1-2 BathsBriar Oaks Apartments | 7405 123rd St W #208,
Apple Valley, MN 55124 - SPECIAL OFFERPET FRIENDLYTotal price$1,316 - $2,482/moStudio-3 Beds1-2 BathsSprings At Cobblestone Lake | 15899 Elmhurst Ln #9201,
Apple Valley, MN 55124 - SPECIAL OFFERPET FRIENDLYTotal price$1,335 - $2,565/moStudio-3 Beds1-2 BathsSprings At Apple Valley | 14650 Foliage Ave #13205,
Apple Valley, MN 55124 - SPECIAL OFFERPET FRIENDLY
- $1,350 - $1,935/mo1-3 Beds1-2 BathsKINGSTON GREEN | 15600 Galaxie Ave #f8764d837,
Saint Paul, MN 55124 - $1,400 - $1,725/mo1-2 Beds1-2 BathsApplewoods Apartments | 14191 Pennock Ave #208,
Saint Paul, MN 55124 - $1,410 - $2,194/mo1-3 Beds1-3 BathsHearthstone Apartments and Townhomes | 15734 Foliage Ave #307B,
Saint Paul, MN 55124 - $1,450 - $1,750/mo1-2 Beds1-2 BathsApple Villa Apartments II | 7824 Whitney Dr #2,
Saint Paul, MN 55124 - Total price$1,565 - $1,595/mo2 Beds1 BathHidden Ponds Apartments | 12733 Germane Ave #67-201,
Saint Paul, MN 55124 - $1,645 - $2,515/mo1-2 Beds1-2 BathsNuvelo at Parkside | 6780 Fortino St #80-129,
Saint Paul, MN 55124 - $1,720 - $2,180/moStudio-2 Beds1-2 BathsGalante at Parkside | 15283 Galante Ln #210,
Saint Paul, MN 55124 - $1,857 - $3,296/mo1-2 Beds1-3 BathsRisor of Apple Valley - Active Adult 55+ Community | 15380 Garrett Ave #238,
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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 decreased in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,900 |
| Jul 2025 | $1,995 |
| Aug 2025 | $2,195 |
| Sep 2025 | $2,135 |
| Oct 2025 | $1,880 |
| Nov 2025 | $2,036 |
| Dec 2025 | $1,985 |
| Jan 2026 | $1,895 |
| Feb 2026 | $1,900 |
| Mar 2026 | $1,995 |
| Apr 2026 | $1,923 |
| May 2026 | $1,873 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| 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 Rentals 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.
- What is the average rent of a house in 55124?The average rent of a house in 55124 is $1,995 per month. This is about 3% higher than the national average.
- What is the average rent of a townhome in 55124?The average rent of a townhome in 55124 is $2,097 per month. This is about 9% higher than the national average.
- When is the average rent cheapest in 55124?In the last year, the average rent in 55124 was lowest in Feb 2025 when it was $1,850 per month.
- When is the average rent most expensive in 55124?In the last year, the average rent in 55124 was highest in Aug 2025 when it was $2,195 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 $1,420 per month. That is about $50 more than the cost of a studio apartment.
- How many available rental listings are in 55124?There are 62 available rental listings 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.