Cheap Apartments for Rent in 55331

31 rentals

Apartments For Rent Near 55331

We found 30 more apartments matching your filters just outside 55331

Average Rent Trends in 55331

Rent in 55331 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Oct 2025$2,350
Nov 2025$2,350
Dec 2025$2,695
Jan 2026$2,950
Feb 2026$2,800
Mar 2026$2,550
Apr 2026$2,932
May 2026$2,908
Jun 2026$2,456
Jul 2026$2,870
Aug 2026$3,350
Sep 2026$3,000
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$1,800$3,000$3,000$3,995$3,000
Townhomes—$7,550$2,816—$2,816
Apartments and Condos$2,625$2,100$4,500—$2,625
Houses$1,800$2,500$3,667$3,995$3,495

Frequently Asked Questions about Rentals in 55331

  • What is the average rent of an apartment in 55331?
    The average rent of an apartment in 55331 is $2,138 per month. This is about 10% higher than the national average.
  • What are the cheapest months to find an apartment to rent in 55331?
    Last year, the cheapest month to find an apartment to rent was Oct 2025 when it was $2,350 per month.
  • How many cheap apartments are available in 55331?
    There are 17 apartments to rent that are cheaper than the city’s average rent of $3,000.
  • When is the average rent most expensive in 55331?
    In the last year, the average rent in 55331 was highest in Aug 2025 when it was $3,550 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 55331?
    The average rent of a 1 bedroom apartment in 55331 is $1,800 per month. That is about $705 more than the cost of a studio apartment.
  • What are some cities near 55331?
    Some nearby cities include: Tonka Bay, Shorewood, Excelsior, Spring Park, Greenwood, Minnetonka Beach. These cities may have more rental options to explore.