Cheap Apartments for Rent in 55403
73 rentals
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Use arrow keys to navigateNEW - 1 DAY AGOPET FRIENDLY$825 - $1,030/mo
Studio-1 Bed
1 BathNow Leasing at Oak Grove Downtown | Historic Charm Meets Modern Living! | Oak Grove St,
Minneapolis, MN 55403
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Average Rent Trends in 55403
Rent in 55403 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jul 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Aug 2025 | $1,410 |
| Sep 2025 | $1,333 |
| Oct 2025 | $1,300 |
| Nov 2025 | $1,395 |
| Dec 2025 | $1,300 |
| Jan 2026 | $1,292 |
| Feb 2026 | $1,292 |
| Mar 2026 | $1,295 |
| Apr 2026 | $1,171 |
| May 2026 | $1,295 |
| Jun 2026 | $1,174 |
| Jul 2026 | $1,133 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,199 | $1,842 | $2,511 | $3,200 | $1,295 |
| Apartments and Condos | $1,400 | $1,899 | $2,995 | $3,200 | $1,600 |
| Houses | — | — | — | — | $6,500 |
Frequently Asked Questions about Rentals in 55403
- What is the average rent of an apartment in 55403?The average rent of an apartment in 55403 is $1,248 per month. This is about 36% lower than the national average.
- When is the average rent cheapest in 55403?In the last year, the average rent in 55403 was lowest in Feb 2025 when it was $1,175 per month.
- When is the average rent most expensive in 55403?In the last year, the average rent in 55403 was highest in Aug 2025 when it was $1,410 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 55403?The average rent of a 1 bedroom apartment in 55403 is $1,199 per month. That is about $254 more than the cost of a studio apartment.
- How many available rental listings are in 55403?There are 82 available rental listings in 55403.
- What are some cities near 55403?Some nearby cities include: Minneapolis, Golden Valley, Saint Louis Park, Lauderdale, Robbinsdale, Saint Anthony. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 55403 - 363 Rentas | Trulia