Apartments For Rent By Private Owner in 55124

20 rentals

Apartments For Rent Near 55124

We found 22 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 stayed about the same in Oct 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Nov 2025$2,036
Dec 2025$1,985
Jan 2026$1,895
Feb 2026$1,900
Mar 2026$1,995
Apr 2026$1,919
May 2026$1,870
Jun 2026$1,950
Jul 2026$1,945
Aug 2026$1,995
Sep 2026$1,995
Oct 2026$2,001
View as a graph

Average Rent By Bedroom and Home Type

In October 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$1,424$1,903$2,263$2,950$2,024
Townhomes—$1,945$2,350$2,599$2,050
Apartments and Condos$975$1,599$1,850—$1,850
Houses$900$2,050$2,600$2,950$2,767

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 $1,583 per month. This is about 19% 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 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 $1,424 per month. That is about $39 more than the cost of a studio apartment.
  • How many available rental listings are in 55124?
    There are 77 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.