Cheap Apartments for Rent in 55331

25 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 increased in Apr 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
May 2025$2,495
Jun 2025$2,600
Jul 2025$2,850
Aug 2025$3,550
Sep 2025$2,800
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$2,934
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$1,420$2,195$3,350$4,633$2,900
Townhomes—$7,750$3,000—$3,350
Apartments and Condos$1,195$1,375——$1,250
Houses$850$2,000$3,500$4,633$3,500

Frequently Asked Questions about Rentals in 55331

  • What is the average rent in 55331?
    The average rent in 55331 is $2,890. Rent prices range from $825 to as much as $9,500, depending on the type of rental.
  • How does the rent in 55331 compare to the national average?
    Average rent in 55331 is about 51% higher than the national average rent of $1,910. That means it is more expensive to rent in 55331 compared to the U.S. average.
  • What is the average rent in 55331, by number of bedrooms?
    The average rent in 55331 is $883 for a studio, $1,250 for a 1 bedroom, $2,200 for a 2 bedroom, $3,500 for a 3 bedroom, and $4,000 for a 4 bedroom.
  • How have rent prices in 55331 changed compared to last year?
    In the past year, the average rent price in 55331 has increased by $395. That means the average rent is 14% higher than last year.
  • How many available rental listings are in 55331?
    There are 28 available rental listings in 55331.
  • 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.