Cheap Apartments for Rent in 55404
124 rentals
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Use arrow keys to navigatePET FRIENDLY$775 - $1,050/mo
Studio-1 Bed
1 BathBrownstones Classic | 501 E 14th St #1531310,
Minneapolis, MN 55404
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NEW - 16 HRS AGOPET FRIENDLY
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PET FRIENDLYTotal price$869 - $999/moStudio-1 Bed1 BathBlaisdell Avenue Apartments | 2439 Blaisdell Ave #29,
Minneapolis, MN 55404
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NEW - 8 HRS AGO
$917 - $1,100/mo1-2 Beds1 Bath728 East 16th Street (New Town) | 728 E 16th St #34,
Minneapolis, MN 55404
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$958 - $1,717/moStudio-3 Beds1-2 BathsMino-Bimaadiziwin | 2107 Cedar Ave S #516,
Minneapolis, MN 55404
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Average Rent Trends in 55404
Rent in 55404 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jun 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,462 |
| Aug 2025 | $1,381 |
| Sep 2025 | $1,338 |
| Oct 2025 | $1,254 |
| Nov 2025 | $1,325 |
| Dec 2025 | $1,286 |
| Jan 2026 | $1,270 |
| Feb 2026 | $1,250 |
| Mar 2026 | $1,251 |
| Apr 2026 | $1,298 |
| May 2026 | $1,390 |
| Jun 2026 | $1,275 |
Average Rent By Bedroom and Home Type
In July 2026, Houses were the most affordable home type to rent compared with Apartments and Condos and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,150 | $1,495 | $1,850 | $2,599 | $1,281 |
| Townhomes | $1,095 | $2,050 | — | — | $2,050 |
| Apartments and Condos | $1,195 | $1,600 | $1,850 | $2,420 | $1,595 |
| Houses | $485 | — | $2,050 | $2,800 | $485 |
Frequently Asked Questions about Rentals in 55404
- What is the average rent of an apartment in 55404?The average rent of an apartment in 55404 is $1,338 per month. This is about 31% lower than the national average.
- When is the average rent cheapest in 55404?In the last year, the average rent in 55404 was lowest in Oct 2025 when it was $1,254 per month.
- When is the average rent most expensive in 55404?In the last year, the average rent in 55404 was highest in Jul 2025 when it was $1,462 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 55404?The average rent of a 1 bedroom apartment in 55404 is $1,150 per month. That is about $275 more than the cost of a studio apartment.
- How many available rental listings are in 55404?There are 127 available rental listings in 55404.
- What are some cities near 55404?Some nearby cities include: Minneapolis, Lauderdale, Falcon Heights, Saint Anthony, Golden Valley, Saint Louis Park. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 55404 - 372 Rentas | Trulia