Apartments in 55431

15 rentals

Apartments For Rent Near 55431

We found 30 more apartments matching your filters just outside 55431

Average Rent Trends in 55431

Rent in 55431 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 Nov 2025.
MonthAverage rent
Jun 2025$1,397
Jul 2025$1,416
Aug 2025$1,466
Sep 2025$1,430
Oct 2025$1,429
Nov 2025$2,187
Dec 2025$1,525
Jan 2026$1,480
Feb 2026$1,582
Mar 2026$1,444
Apr 2026$1,637
May 2026$1,246
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$1,295$1,834$2,300$2,795$1,625
Townhomes—$2,050$2,400—$2,400
Apartments and Condos$1,100$1,625—$700$1,100
Houses——$2,300$2,895$2,795

Frequently Asked Questions about Apartments and Condos for rent in 55431

  • What is the average rent of an apartment in 55431?
    The average rent of an apartment in 55431 is $1,253 per month. This is about 35% lower than the national average.
  • When is the average rent cheapest in 55431?
    In the last year, the average rent in 55431 was lowest in Apr 2025 when it was $1,200 per month.
  • When is the average rent most expensive in 55431?
    In the last year, the average rent in 55431 was highest in Nov 2025 when it was $2,187 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 55431?
    The average rent of a 1 bedroom apartment in 55431 is $1,217 per month. That is about $44 less than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 55431?
    There are 16 available apartments or condos to rent in 55431.
  • What are some cities near 55431?
    Some nearby cities include: Bloomington, Richfield, Burnsville, Edina, Savage, Eagan. These cities may have more rental options to explore.