Cheap Apartments for Rent in 55343
69 rentals
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Studio-1 Bed
1 BathKnollwood Towers East Apartments | Blake Rd N,
Hopkins, MN 55343
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Average Rent Trends in 55343
Rent in 55343 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jul 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Aug 2025 | $1,573 |
| Sep 2025 | $1,513 |
| Oct 2025 | $1,550 |
| Nov 2025 | $1,423 |
| Dec 2025 | $1,445 |
| Jan 2026 | $1,450 |
| Feb 2026 | $1,450 |
| Mar 2026 | $1,445 |
| Apr 2026 | $1,480 |
| May 2026 | $1,500 |
| Jun 2026 | $1,460 |
| Jul 2026 | $1,513 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,295 | $1,595 | $2,695 | $3,400 | $1,531 |
| Townhomes | $1,149 | $2,000 | $2,275 | $2,475 | $2,000 |
| Apartments and Condos | $1,270 | $1,450 | $2,400 | $2,300 | $1,425 |
| Houses | $1,000 | — | $2,695 | $3,200 | $2,695 |
Frequently Asked Questions about Rentals in 55343
- What is the average rent of an apartment in 55343?The average rent of an apartment in 55343 is $1,384 per month. This is about 29% lower than the national average.
- When is the average rent cheapest in 55343?In the last year, the average rent in 55343 was lowest in Apr 2025 when it was $1,275 per month.
- When is the average rent most expensive in 55343?In the last year, the average rent in 55343 was highest in Jun 2025 when it was $1,576 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 55343?The average rent of a 1 bedroom apartment in 55343 is $1,295 per month. That is about $101 less than the cost of a studio apartment.
- How many available rental listings are in 55343?There are 71 available rental listings in 55343.
- What are some cities near 55343?Some nearby cities include: Hopkins, Minnetonka, Edina, Saint Louis Park, Eden Prairie, Wayzata. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 55343 - 556 Rentas | Trulia