Cheap Apartments for Rent in 55420

24 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 increased in Oct 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
Nov 2025$1,436
Dec 2025$1,420
Jan 2026$1,340
Feb 2026$1,200
Mar 2026$1,314
Apr 2026$1,336
May 2026$1,313
Jun 2026$1,395
Jul 2026$1,299
Aug 2026$1,304
Sep 2026$1,365
Oct 2026$1,436
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$1,239$1,583$2,650$2,899$1,850
Townhomes——$800—$800
Apartments and Condos$1,099$1,873——$1,155
Houses—$1,945$2,650$2,899$2,800

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 $1,233 per month. This is about 37% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 55420?
    Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,245 per month.
  • How many cheap apartments are available in 55420?
    There are 14 apartments to rent that are cheaper than the city’s average rent of $1,850.
  • 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 $1,239 per month. That is about $59 more than the cost of a studio apartment.
  • 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.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 55420 - 141 Rentas | Trulia