Apartments in 55438

5 rentals

Apartments For Rent Near 55438

We found 16 more apartments matching your filters just outside 55438

Average Rent Trends in 55438

Rent in 55438 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Jun 2025$1,519
Jul 2025$1,823
Aug 2025$1,908
Sep 2025$1,684
Oct 2025$1,552
Nov 2025$1,586
Dec 2025$1,614
Jan 2026$1,619
Feb 2026$1,629
Mar 2026$1,645
Apr 2026$1,535
May 2026$1,605
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$1,495$1,995$2,241$2,700$1,912
Townhomes—$1,995$2,250—$1,995
Apartments and Condos$1,495———$1,495
Houses———$2,700$2,700

Frequently Asked Questions about Apartments and Condos for rent in 55438

  • What is the average rent of an apartment in 55438?
    The average rent of an apartment in 55438 is $1,604 per month. This is about 17% lower than the national average.
  • When is the average rent cheapest in 55438?
    In the last year, the average rent in 55438 was lowest in Feb 2025 when it was $1,504 per month.
  • When is the average rent most expensive in 55438?
    In the last year, the average rent in 55438 was highest in Aug 2025 when it was $1,908 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 55438?
    The average rent of a 1 bedroom apartment in 55438 is $1,498 per month. That is about $233 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 55438?
    There are 4 available apartments or condos to rent in 55438.
  • What are some cities near 55438?
    Some nearby cities include: Bloomington, Eden Prairie, Savage, Edina, Richfield, Burnsville. These cities may have more rental options to explore.