Apartments in 55420

17 rentals

Apartments For Rent Near 55420

We found 30 more apartments matching your filters just outside 55420

Average Rent Trends in 55420

Rent in 55420 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Jun 2025$1,254
Jul 2025$1,263
Aug 2025$1,465
Sep 2025$1,236
Oct 2025$1,453
Nov 2025$1,424
Dec 2025$1,234
Jan 2026$1,351
Feb 2026$1,242
Mar 2026$1,302
Apr 2026$1,233
May 2026$1,231
View as a graph

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 bed2 beds3 beds4 bedsAll
All home types$1,155$1,434$2,300$2,500$1,313
Townhomes—$2,295——$2,295
Apartments and Condos$1,150———$1,150
Houses——$2,750$2,500$2,500

Frequently Asked Questions about Apartments and Condos for rent in 55420

  • What is the average rent of an apartment in 55420?
    The average rent of an apartment in 55420 is $1,235 per month. This is about 36% lower than the national average.
  • When is the average rent cheapest in 55420?
    In the last year, the average rent in 55420 was lowest in Jan 2025 when it was $1,150 per month.
  • When is the average rent most expensive in 55420?
    In the last year, the average rent in 55420 was highest in Aug 2025 when it was $1,465 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 55420?
    The average rent of a 1 bedroom apartment in 55420 is $1,156 per month. That is about $61 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 55420?
    There are 19 available apartments or condos to rent in 55420.
  • What are some cities near 55420?
    Some nearby cities include: Bloomington, Richfield, Burnsville, Eagan, Edina, Mendota. These cities may have more rental options to explore.