Cheap Apartments for Rent in 55316

20 rentals

Apartments For Rent Near 55316

We found 30 more apartments matching your filters just outside 55316

Average Rent Trends in 55316

Rent in 55316 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 Nov 2025.
MonthAverage rent
Jun 2025$1,995
Jul 2025$2,147
Aug 2025$1,912
Sep 2025$2,200
Oct 2025$2,100
Nov 2025$2,350
Dec 2025$2,275
Jan 2026$2,549
Feb 2026$2,295
Mar 2026$1,995
Apr 2026$2,050
May 2026$1,895
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 Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,425$1,707$2,300$2,272$1,900
Townhomes—$1,895$2,399$2,795$1,895
Apartments and Condos—$1,349$1,895—$1,349
Houses—$1,900$2,300$2,272$2,499

Frequently Asked Questions about Rentals in 55316

  • What is the average rent of an apartment in 55316?
    The average rent of an apartment in 55316 is $1,719 per month. This is about 11% lower than the national average.
  • What is the average rent of a house in 55316?
    The average rent of a house in 55316 is $2,499 per month. This is about 30% higher than the national average.
  • What is the average rent of a townhome in 55316?
    The average rent of a townhome in 55316 is $1,895 per month. This is about 2% lower than the national average.
  • When is the average rent cheapest in 55316?
    In the last year, the average rent in 55316 was lowest in Apr 2025 when it was $1,882 per month.
  • When is the average rent most expensive in 55316?
    In the last year, the average rent in 55316 was highest in Nov 2025 when it was $2,350 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 55316?
    The average rent of a 1 bedroom apartment in 55316 is $1,425 per month. That is about $74 less than the cost of a studio apartment.
  • How many available rental listings are in 55316?
    There are 20 available rental listings in 55316.
  • What are some cities near 55316?
    Some nearby cities include: Champlin, Anoka, Osseo, Coon Rapids, Brooklyn Park, Dayton. These cities may have more rental options to explore.