Cheap Apartments for Rent in 55306

8 rentals

Apartments For Rent Near 55306

We found 25 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 May 2026 compared to the previous month. Rent previously peaked in Apr 2025.
MonthAverage rent
Jun 2025$1,799
Jul 2025$1,799
Aug 2025$1,882
Sep 2025$1,875
Oct 2025$1,875
Nov 2025$1,680
Dec 2025$1,895
Jan 2026$1,920
Feb 2026$1,695
Mar 2026$1,585
Apr 2026$1,537
May 2026$2,037
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Townhomes were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,374$1,572$2,103$3,400$2,038
Townhomes—$2,100$2,450—$2,450
Houses———$3,400$3,400

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 $1,488 per month. This is about 23% lower than the national average.
  • What is the average rent of a house in 55306?
    The average rent of a house in 55306 is $3,400 per month. This is about 76% higher than the national average.
  • What is the average rent of a townhome in 55306?
    The average rent of a townhome in 55306 is $2,450 per month. This is about 27% higher than the national average.
  • When is the average rent cheapest in 55306?
    In the last year, the average rent in 55306 was lowest in Nov 2025 when it was $1,680 per month.
  • 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 $1,374 per month. That is about $351 more than the cost of a studio apartment.
  • How many available rental listings are in 55306?
    There are 11 available rental listings in 55306.
  • 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.