Cheap Apartments for Rent in 55423
84 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$975 - $1,350/mo
Studio-2 Beds
1-2 BathsOliver Apartments | 6416 Oliver Ave S #0C,
Minneapolis, MN 55423
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PET FRIENDLY$1,049 - $1,199/mo1 Bed1 Bath7700 Bloomington Ave South | 7700 Bloomington Ave S #15,
Minneapolis, MN 55423
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SPECIAL OFFERPET FRIENDLY$1,095 - $1,125/mo1 Bed1 BathPleasant South Apartments | 6313 Pleasant Ave S #7,
Minneapolis, MN 55423
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SPECIAL OFFERPET FRIENDLY$1,120 - $1,455/mo1-2 Beds1 BathSeasons Park Apartments | 951 77th St E #638-303,
Minneapolis, MN 55423
PET FRIENDLY$1,125 - $1,145/mo1 Bed1 BathQueen Terrace Apartments | 6400 Queen Ave S #101,
Minneapolis, MN 55423
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PET FRIENDLY$1,125 - $1,300/mo2 Beds1 BathSouth Pleasant Apartments | 6321-6329 Pleasant Ave S #6321-11,
Minneapolis, MN 55423
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NEW - 2 DAYS AGOPET FRIENDLYTotal price$1,147 - $2,095/mo1-2 Beds1-2 BathsConcierge | 7620 Penn Ave S #1-C114,
Minneapolis, MN 55423
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SPECIAL OFFERPET FRIENDLY$1,225 - $1,255/mo2 Beds1 BathCedar Avenue Apartments | 7244 Cedar Ave S #101,
Minneapolis, MN 55423
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SPECIAL OFFERPET FRIENDLY$1,240 - $2,174/moStudio-2 Beds1-2 BathsThe Chamberlain Apartments | 6630 Richfield Pkwy #C218,
Minneapolis, MN 55423
SPECIAL OFFERPET FRIENDLY$1,250 - $1,275/mo2 Beds1 BathPleasant Apartments | 6301 Pleasant Ave #6313-03,
Minneapolis, MN 55423
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Average Rent Trends in 55423
Rent in 55423 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 Oct 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,595 |
| Jul 2025 | $1,550 |
| Aug 2025 | $1,595 |
| Sep 2025 | $1,315 |
| Oct 2025 | $1,643 |
| Nov 2025 | $1,405 |
| Dec 2025 | $1,350 |
| Jan 2026 | $1,332 |
| Feb 2026 | $1,385 |
| Mar 2026 | $1,355 |
| Apr 2026 | $1,595 |
| May 2026 | $1,445 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,135 | $1,479 | $2,479 | $2,900 | $1,445 |
| Townhomes | $1,100 | $2,750 | $1,995 | — | $2,750 |
| Apartments and Condos | $999 | $1,531 | $3,000 | $3,800 | $1,445 |
| Houses | — | $2,800 | $2,445 | $2,873 | $2,495 |
Frequently Asked Questions about Rentals in 55423
- What is the average rent in 55423?The average rent in 55423 is $1,445. Rent prices range from $775 to as much as $3,995, depending on the type of rental.
- How does the rent in 55423 compare to the national average?Average rent in 55423 is about 24% lower than the national average rent of $1,910. That means it is less expensive to rent in 55423 compared to the U.S. average.
- What is the average rent in 55423, by number of bedrooms?The average rent in 55423 is $1,343 for a studio, $1,135 for a 1 bedroom, $1,479 for a 2 bedroom, $2,479 for a 3 bedroom, and $2,900 for a 4 bedroom.
- How have rent prices in 55423 changed compared to last year?In the past year, the average rent price in 55423 has decreased by $5. That means the average rent is 0% lower than last year.
- How many available rental listings are in 55423?There are 81 available rental listings in 55423.
- What are some cities near 55423?Some nearby cities include: Richfield, Bloomington, Edina, Mendota, Minneapolis, Saint Louis Park. These cities may have more rental options to explore.