Cheap Apartments for Rent in 55409

37 rentals

Apartments For Rent Near 55409

We found 30 more apartments matching your filters just outside 55409

Average Rent Trends in 55409

Rent in 55409 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Sep 2025.
MonthAverage rent
Oct 2025$1,600
Nov 2025$1,695
Dec 2025$1,430
Jan 2026$1,481
Feb 2026$1,260
Mar 2026$1,573
Apr 2026$1,400
May 2026$1,500
Jun 2026$1,557
Jul 2026$1,439
Aug 2026$1,499
Sep 2026$1,700
View as a graph

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 bed2 beds3 beds4 bedsAll
All home types$1,075$1,795$2,350$2,333$1,630
Townhomes$1,150———$1,150
Apartments and Condos$1,050$1,795$2,150$2,295$1,800
Houses$940$2,075$2,495$2,500$2,495

Frequently Asked Questions about Rentals in 55409

  • What is the average rent of an apartment in 55409?
    The average rent of an apartment in 55409 is $1,399 per month. This is about 28% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 55409?
    Last year, the cheapest month to find an apartment to rent was Jun 2025 when it was $1,200 per month.
  • How many cheap apartments are available in 55409?
    There are 20 apartments to rent that are cheaper than the city’s average rent of $1,630.
  • When is the average rent most expensive in 55409?
    In the last year, the average rent in 55409 was highest in Sep 2025 when it was $1,695 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 55409?
    The average rent of a 1 bedroom apartment in 55409 is $1,075 per month. That is about $213 more than the cost of a studio apartment.
  • What are some cities near 55409?
    Some nearby cities include: Minneapolis, Richfield, Saint Louis Park, Edina, Golden Valley, Lauderdale. These cities may have more rental options to explore.