Apartments in 55438

4 rentals

Apartments For Rent Near 55438

We found 21 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 for a apartment increased in Sep 2026 compared to the previous month. Rent for apartments peaked in Aug 2025.
MonthAverage rent
Oct 2025$1,552
Nov 2025$1,586
Dec 2025$1,614
Jan 2026$1,619
Feb 2026$1,632
Mar 2026$1,645
Apr 2026$1,534
May 2026$1,604
Jun 2026$1,694
Jul 2026$1,580
Aug 2026$1,589
Sep 2026$1,891
View as a graph

Average Rent By Bedroom and Home Type

In September 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,509$1,931$2,383—$1,995
Townhomes—$1,695$2,350—$1,995
Apartments and Condos$1,495$2,100——$2,100
Houses——$3,865—$3,865

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 $1,883 per month. This is about 3% lower than the national average.
  • When is the average rent for an apartment 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 for an apartment 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 $1,429 per month. That is about $140 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 55438?
    There are 3 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.