Cheap Apartments for Rent in 55306

12 rentals

Apartments For Rent Near 55306

We found 28 more apartments matching your filters just outside 55306

Average Rent Trends in 55306

Rent in 55306 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Apr 2025.
MonthAverage rent
Oct 2025$1,875
Nov 2025$1,680
Dec 2025$1,895
Jan 2026$1,920
Feb 2026$1,695
Mar 2026$1,582
Apr 2026$1,538
May 2026$2,035
Jun 2026$2,071
Jul 2026$1,634
Aug 2026$1,579
Sep 2026$1,600
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$1,373$1,675$2,212$5,000$1,720
Townhomes—$2,300$2,200—$2,200
Apartments and Condos—$1,799——$1,799
Houses—$1,250—$5,000$2,940

Frequently Asked Questions about Rentals in 55306

  • What is the average rent of an apartment in 55306?
    The average rent of an apartment in 55306 is $1,700 per month. This is about 13% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 55306?
    Last year, the cheapest month to find an apartment to rent was Nov 2025 when it was $1,680 per month.
  • How many cheap apartments are available in 55306?
    There are 8 apartments to rent that are cheaper than the city’s average rent of $1,720.
  • When is the average rent most expensive in 55306?
    In the last year, the average rent in 55306 was highest in Apr 2025 when it was $1,902 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 55306?
    The average rent of a 1 bedroom apartment in 55306 is $1,373 per month. That is about $83 more than the cost of a studio apartment.
  • What are some cities near 55306?
    Some nearby cities include: Burnsville, Savage, Apple Valley, Lakeville, Prior Lake, Bloomington. These cities may have more rental options to explore.