Cheap Apartments for Rent in 55438

11 rentals

Apartments For Rent Near 55438

We found 30 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 stayed about the same in Jun 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
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
Jun 2026$1,995
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$1,477$1,850$2,495—$1,850
Townhomes—$1,995$2,495—$1,995
Apartments and Condos$1,495$1,695——$1,695
Houses—$1,850$2,800—$2,100

Frequently Asked Questions about Rentals in 55438

  • What is the average rent of an apartment in 55438?
    The average rent of an apartment in 55438 is $1,631 per month. This is about 16% lower than the national average.
  • What is the average rent of a house in 55438?
    The average rent of a house in 55438 is $2,100 per month. This is about 8% higher than the national average.
  • What is the average rent of a townhome in 55438?
    The average rent of a townhome in 55438 is $1,995 per month. This is about 2% higher than the national average.
  • When is the average rent cheapest in 55438?
    In the last year, the average rent in 55438 was lowest in Jan 2025 when it was $1,597 per month.
  • When is the average rent most expensive in 55438?
    In the last year, the average rent in 55438 was highest in Jul 2025 when it was $2,150 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 $1,477 per month. That is about $305 more than the cost of a studio apartment.
  • 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.