Cheap Apartments for Rent in 55401
72 rentals
- PET FRIENDLY
- SPECIAL OFFERPET FRIENDLYINCOME RESTRICTED
- SPECIAL OFFERPET FRIENDLY$1,168 - $1,316/moStudio-1 Bed1 BathRivergate Apartments | 115 2nd Ave S #414,
Minneapolis, MN 55401 - SPECIAL OFFERPET FRIENDLYTotal price$1,183 - $2,283/moStudio-1 Bed1 BathDuffey Lofts | 528 Washington Ave N #228,
Minneapolis, MN 55401 - PET FRIENDLY$1,270 - $1,849/moStudio-1 Bed1 BathThird North Apartments | 800 N 3rd St #326,
Minneapolis, MN 55401 - Total price$1,309 - $4,655/moStudio-3 Beds1-2 BathsThe Hall Lofts | 608 3rd St N #861,
Minneapolis, MN 55401 - $1,375 - $4,630/moStudio-3 Beds1-2 BathsViridium Apartments | 721 N 3rd St #220,
Minneapolis, MN 55401 - Total price$1,402 - $2,561/moStudio-2 Beds1-2 BathsJunction Flats | 643 N 5th St #335,
Minneapolis, MN 55401 - $1,499 - $2,729/moStudio-2 Beds1-2 BathsDock Street Flats | 337 Washington Ave N #207,
Minneapolis, MN 55401 - $1,531 - $7,340/moStudio-2 Beds1-3 BathsNorth Loop Green 360 | 360 N 5th St #1915,
Minneapolis, MN 55401 - Total price$1,570 - $2,937/moStudio-2 Beds1-2 BathsThe Paxon | 360 1st St N #132,
Minneapolis, MN 55401 - $1,799 - $2,799/mo1-2 Beds1-3 BathsPhoenix North Loop | 915 Washington Ave N #310,
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Average Rent Trends in 55401
Rent in 55401 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jun 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $2,166 |
| Aug 2025 | $2,241 |
| Sep 2025 | $2,245 |
| Oct 2025 | $2,111 |
| Nov 2025 | $2,167 |
| Dec 2025 | $2,100 |
| Jan 2026 | $2,115 |
| Feb 2026 | $2,049 |
| Mar 2026 | $2,170 |
| Apr 2026 | $2,195 |
| May 2026 | $2,115 |
| Jun 2026 | $2,170 |
Average Rent By Bedroom and Home Type
In July 2026, Houses were the most affordable home type to rent compared with Apartments and Condos.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,995 | $2,743 | $4,630 | — | $2,195 |
| Apartments and Condos | $2,250 | $3,195 | — | — | $2,295 |
| Houses | — | $1,475 | — | — | $1,475 |
Frequently Asked Questions about Rentals in 55401
- What is the average rent of an apartment in 55401?The average rent of an apartment in 55401 is $2,256 per month. This is about 16% higher than the national average.
- When is the average rent cheapest in 55401?In the last year, the average rent in 55401 was lowest in Mar 2025 when it was $1,958 per month.
- When is the average rent most expensive in 55401?In the last year, the average rent in 55401 was highest in Sep 2025 when it was $2,245 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 55401?The average rent of a 1 bedroom apartment in 55401 is $1,995 per month. That is about $531 more than the cost of a studio apartment.
- How many available rental listings are in 55401?There are 78 available rental listings in 55401.
- What are some cities near 55401?Some nearby cities include: Minneapolis, Lauderdale, Saint Anthony, Robbinsdale, Golden Valley, Columbia Heights. These cities may have more rental options to explore.
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