Cheap Apartments for Rent in 55940
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Apartments For Rent Near 55940
We found 30 more apartments matching your filters just outside 55940
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PET FRIENDLY$800 - $1,000/mo
1 Bed
1 BathGem Lake - 217 6th Avenue Northwest | 217 6th Ave NW #10473960,
Rochester, MN 55901
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Average Rent Trends in 55940
Rent in 55940 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $773 |
| Jul 2025 | $773 |
| Aug 2025 | $800 |
| Sep 2025 | $750 |
| Oct 2025 | $750 |
| Nov 2025 | $750 |
| Dec 2025 | $875 |
| Jan 2026 | $750 |
| Feb 2026 | $875 |
| Mar 2026 | $925 |
| Apr 2026 | $925 |
| May 2026 | $925 |
Average Rent By Bedroom and Home Type
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $800 | $925 | — | — | $925 |
| Apartments and Condos | $850 | $925 | — | — | $900 |
Frequently Asked Questions about Rentals in 55940
- What is the average rent of an apartment in 55940?The average rent of an apartment in 55940 is $900 per month. This is about 53% lower than the national average.
- When is the average rent cheapest in 55940?In the last year, the average rent in 55940 was lowest in Jan 2025 when it was $695 per month.
- When is the average rent most expensive in 55940?In the last year, the average rent in 55940 was highest in Mar 2025 when it was $970 per month.
- How many available rental listings are in 55940?There are 7 available rental listings in 55940.
- What are some cities near 55940?Some nearby cities include: Hayfield, Sargeant, Waltham, Kasson, Dodge Center, Brownsdale. These cities may have more rental options to explore.