Luxury Apartments for Rent in 55423
83 rentals
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- $1,491 - $2,994/moStudio-2 Beds1-2 BathsLandsby on Penn | 6200 Penn Ave S #602,
Minneapolis, MN 55423 - Total price$1,285 - $2,486/moStudio-2 Beds1-2 BathsNovo | 2400 W 66th St #132,
Minneapolis, MN 55423 - $1,240 - $2,174/moStudio-2 Beds1-2 BathsThe Chamberlain Apartments | 6630 Richfield Pkwy #A109,
Minneapolis, MN 55423 - Total price$1,147 - $2,095/mo1-2 Beds1-2 BathsConcierge | 7620 Penn Ave S #1-A201,
Minneapolis, MN 55423 - $1,575 - $1,950/mo1-2 Beds1-2 BathsLyndale Plaza | 6401 Lyndale Ave S #b335feab3,
Minneapolis, MN 55423 - $1,335 - $1,629/moStudio-1 Bed1 BathRya Apartments | 6300 Richfield Pkwy #6400-128,
Minneapolis, MN 55423 Save Search in 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.