Apartments in 55421
43 rentals
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Studio-2 Beds
1-2 BathsThe Landings at Silver Lake Village | 2551 38th Ave NE,
Minneapolis, MN 55421
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SPECIAL OFFERPET FRIENDLY$1,200 - $1,395/mo1-2 Beds1 BathDiamond Eight Terrace | 3200 Diamond Eight Ter,
Minneapolis, MN 55421
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Average Rent Trends in 55421
Rent in 55421 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Aug 2026 compared to the previous month. Rent for apartments peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,370 |
| Oct 2025 | $1,305 |
| Nov 2025 | $1,301 |
| Dec 2025 | $1,200 |
| Jan 2026 | $1,475 |
| Feb 2026 | $1,484 |
| Mar 2026 | $1,145 |
| Apr 2026 | $1,228 |
| May 2026 | $1,295 |
| Jun 2026 | $1,345 |
| Jul 2026 | $1,375 |
| Aug 2026 | $1,296 |
Average Rent By Bedroom and Home Type
In August 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 | $1,150 | $1,500 | $1,995 | $2,522 | $1,520 |
| Townhomes | — | $1,650 | $1,950 | — | $1,900 |
| Apartments and Condos | $1,095 | $1,295 | $1,650 | $2,195 | $1,295 |
| Houses | — | $1,700 | $2,000 | $2,522 | $2,300 |
Frequently Asked Questions about Apartments and Condos for rent in 55421
- What is the average rent of an apartment in 55421?The average rent of an apartment in 55421 is $1,304 per month. This is about 34% lower than the national average.
- When is the average rent for an apartment cheapest in 55421?In the last year, the average rent in 55421 was lowest in Jul 2025 when it was $1,117 per month.
- When is the average rent for an apartment most expensive in 55421?In the last year, the average rent in 55421 was highest in Apr 2025 when it was $1,496 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 55421?The average rent of a 1 bedroom apartment in 55421 is $1,143 per month. That is about $120 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in 55421?There are 49 available apartments or condos to rent in 55421.
- What are some cities near 55421?Some nearby cities include: Hilltop, Columbia Heights, Saint Anthony, Fridley, New Brighton, Brooklyn Center. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en 55421 - 155 Apartamentos | Trulia