Cheap Apartments for Rent in 55431

22 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 increased in Jun 2026 compared to the previous month. Rent previously peaked in Mar 2025.
MonthAverage rent
Jul 2025$1,563
Aug 2025$1,553
Sep 2025$1,676
Oct 2025$1,720
Nov 2025$1,555
Dec 2025$1,660
Jan 2026$1,636
Feb 2026$1,699
Mar 2026$1,685
Apr 2026$1,650
May 2026$1,625
Jun 2026$1,852
View as a graph

Average Rent By Bedroom and Home Type

In June 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$1,323$1,955$2,400$2,895$1,880
Townhomes—$2,050$2,400—$2,400
Apartments and Condos$1,050$1,600——$1,065
Houses——$2,850$2,895$2,750

Frequently Asked Questions about Rentals in 55431

  • What is the average rent of an apartment in 55431?
    The average rent of an apartment in 55431 is $1,230 per month. This is about 37% lower than the national average.
  • What is the average rent of a house in 55431?
    The average rent of a house in 55431 is $2,750 per month. This is about 41% higher than the national average.
  • What is the average rent of a townhome in 55431?
    The average rent of a townhome in 55431 is $2,400 per month. This is about 23% higher than the national average.
  • When is the average rent cheapest in 55431?
    In the last year, the average rent in 55431 was lowest in May 2025 when it was $1,523 per month.
  • When is the average rent most expensive in 55431?
    In the last year, the average rent in 55431 was highest in Mar 2025 when it was $2,000 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 $1,323 per month. That is about $114 less than the cost of a studio apartment.
  • How many available rental listings are in 55431?
    There are 25 available rental listings 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.