Cheap Apartments for Rent in 55438
7 rentals
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYFURNISHED$1,350 - $2,015/mo
1-2 Beds
1-2 BathsAudenn Apartments | 10660 Hampshire Ave S #6800-230,
Minneapolis, MN 55438
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Use arrow keys to navigatePET FRIENDLY$1,615 - $2,243/mo1-3 Beds1-2 BathsOak Pointe Apartments | 6901 W 84th St #132,
Minneapolis, MN 55438
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Apartments For Rent Near 55438
We found 28 more apartments matching your filters just outside 55438
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,375 - $2,225/moStudio-2 Beds1-2 BathsLuxembourg Apartments | 5100 W 82nd St #189,
Minneapolis, MN 55437
Use arrow keys to navigatePET FRIENDLY$1,415 - $1,850/mo1-2 Beds1-2 BathsPoplar Bridge | 9350 Collegeview Rd #9300-106,
Minneapolis, MN 55437
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PET FRIENDLY$1,495 - $2,565/moStudio-2 Beds1-3 BathsThe Covington Apartment Homes | 5800 American Blvd W #2437114,
Minneapolis, MN 55437
SPECIAL OFFERPET FRIENDLYINCOME RESTRICTEDTotal price$1,529 - $2,199/mo1-2 Beds1-2 BathsReNew West Bloomington | 9900 Briar Rd #6-628,
Minneapolis, MN 55437
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SPECIAL OFFERPET FRIENDLY$1,550 - $3,795/mo1-3 Beds1-2 BathsThe Fox & The Grouse | 6901 Flying Cloud Dr #213,
Eden Prairie, MN 55344
SPECIAL OFFERPET FRIENDLY$1,559 - $2,808/moStudio-2 Beds1-2 BathsThe Preserve at Normandale Lake | 8101 Normandale Lake Blvd #224,
Bloomington, MN 55437
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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 Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,846 |
| Jul 2025 | $2,150 |
| Aug 2025 | $2,100 |
| Sep 2025 | $1,950 |
| Oct 2025 | $1,695 |
| Nov 2025 | $1,650 |
| Dec 2025 | $1,707 |
| Jan 2026 | $1,705 |
| Feb 2026 | $1,628 |
| Mar 2026 | $1,650 |
| Apr 2026 | $1,575 |
| May 2026 | $1,995 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,495 | $1,995 | $2,251 | $2,700 | $1,912 |
| Townhomes | — | $1,995 | $2,250 | — | $2,200 |
| Apartments and Condos | $1,495 | — | — | — | $1,495 |
| Houses | — | — | $2,650 | $2,700 | $2,650 |
Frequently Asked Questions about Rentals in 55438
- What is the average rent in 55438?The average rent in 55438 is $1,912. Rent prices range from $1,285 to as much as $2,650, depending on the type of rental.
- How does the rent in 55438 compare to the national average?Average rent in 55438 is about 0% higher than the national average rent of $1,910. That means it is about the same price to rent in 55438 as the U.S. average.
- What is the average rent in 55438, by number of bedrooms?The average rent in 55438 is $1,265 for a studio, $1,495 for a 1 bedroom, $1,995 for a 2 bedroom, $2,241 for a 3 bedroom, and $2,700 for a 4 bedroom.
- How have rent prices in 55438 changed compared to last year?In the past year, the average rent price in 55438 has decreased by $288. That means the average rent is 15% lower than last year.
- How many available rental listings are in 55438?There are 8 available rental listings 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.