Cheap Apartments for Rent in 55408
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Average Rent Trends in 55408
Rent in 55408 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in Dec 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,350 |
| Nov 2025 | $1,315 |
| Dec 2025 | $1,370 |
| Jan 2026 | $1,350 |
| Feb 2026 | $1,324 |
| Mar 2026 | $1,299 |
| Apr 2026 | $1,295 |
| May 2026 | $1,328 |
| Jun 2026 | $1,375 |
| Jul 2026 | $1,375 |
| Aug 2026 | $1,397 |
| Sep 2026 | $1,380 |
Average Rent By Bedroom and Home Type
In October 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,160 | $1,675 | $2,050 | $2,600 | $1,390 |
| Townhomes | $1,295 | $1,400 | $2,490 | $2,850 | $1,400 |
| Apartments and Condos | $1,250 | $1,650 | $2,000 | $2,600 | $1,595 |
| Houses | $1,120 | $1,795 | $2,488 | $3,000 | $2,299 |
Frequently Asked Questions about Rentals in 55408
- What is the average rent of an apartment in 55408?The average rent of an apartment in 55408 is $1,454 per month. This is about 25% lower than the national average.
- What are the cheapest months to find an apartment to rent in 55408?Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $1,200 per month.
- How many cheap apartments are available in 55408?There are 150 apartments to rent that are cheaper than the city’s average rent of $1,390.
- When is the average rent most expensive in 55408?In the last year, the average rent in 55408 was highest in Dec 2025 when it was $1,370 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 55408?The average rent of a 1 bedroom apartment in 55408 is $1,160 per month. That is about $225 more than the cost of a studio apartment.
- What are some cities near 55408?Some nearby cities include: Minneapolis, Saint Louis Park, Golden Valley, Richfield, Edina, Lauderdale. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 55408 - 590 Rentas | Trulia