Cheap Apartments for Rent in 55414
366 rentals
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PET FRIENDLY$810 - $1,195/mo
Studio-1 Bed
1 Bath813 University Ave SE | 813 University Ave SE #5,
Minneapolis, MN 55414
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PET FRIENDLY$975 - $1,600/moStudio-3 Beds1 Bath1215 4th Street SE | 1215 4th St SE #40b8dc9c2,
Minneapolis, MN 55414
PET FRIENDLY$975 - $1,250/moStudio-2 Beds1 Bath615 Ontario Street SE | 615 Ontario St SE #77203fbf7,
Minneapolis, MN 55414
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Average Rent Trends in 55414
Rent in 55414 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Nov 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,650 |
| Jul 2025 | $1,795 |
| Aug 2025 | $1,600 |
| Sep 2025 | $1,600 |
| Oct 2025 | $2,200 |
| Nov 2025 | $2,425 |
| Dec 2025 | $2,240 |
| Jan 2026 | $2,250 |
| Feb 2026 | $2,250 |
| Mar 2026 | $2,225 |
| Apr 2026 | $2,150 |
| May 2026 | $1,995 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,125 | $1,475 | $1,995 | $2,363 | $1,920 |
| Townhomes | — | $1,350 | $1,995 | $2,600 | $2,700 |
| Apartments and Condos | $1,025 | $1,450 | $1,675 | $2,180 | $1,450 |
| Houses | — | $1,700 | $2,100 | $2,400 | $2,850 |
Frequently Asked Questions about Rentals in 55414
- What is the average rent in 55414?The average rent in 55414 is $1,920. Rent prices range from $500 to as much as $6,000, depending on the type of rental.
- How does the rent in 55414 compare to the national average?Average rent in 55414 is about 1% higher than the national average rent of $1,910. That means it is about the same price to rent in 55414 as the U.S. average.
- What is the average rent in 55414, by number of bedrooms?The average rent in 55414 is $995 for a studio, $1,125 for a 1 bedroom, $1,475 for a 2 bedroom, $1,995 for a 3 bedroom, and $2,363 for a 4 bedroom.
- How have rent prices in 55414 changed compared to last year?In the past year, the average rent price in 55414 has increased by $120. That means the average rent is 6% higher than last year.
- How many available rental listings are in 55414?There are 363 available rental listings in 55414.
- What are some cities near 55414?Some nearby cities include: Lauderdale, Minneapolis, Falcon Heights, Saint Anthony, Roseville, Columbia Heights. These cities may have more rental options to explore.