Cheap Apartments for Rent in 55420

22 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 decreased in May 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
Jun 2025$1,450
Jul 2025$1,352
Aug 2025$1,395
Sep 2025$1,332
Oct 2025$1,460
Nov 2025$1,436
Dec 2025$1,420
Jan 2026$1,340
Feb 2026$1,201
Mar 2026$1,316
Apr 2026$1,350
May 2026$1,313
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 Rentals 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.
  • What is the average rent of a house in 55420?
    The average rent of a house in 55420 is $2,650 per month. This is about 37% higher than the national average.
  • What is the average rent of a townhome in 55420?
    The average rent of a townhome in 55420 is $2,295 per month. This is about 19% higher 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 $1,245 per month.
  • When is the average rent most expensive in 55420?
    In the last year, the average rent in 55420 was highest in Feb 2025 when it was $1,924 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 $1,162 per month. That is about $92 more than the cost of a studio apartment.
  • How many available rental listings are in 55420?
    There are 23 available rental listings 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.