How many apartments are available in 55746 on Rentable.co?
Rentable.co has 3 apartments available for rent in 55746.
What is the average rent for an apartment in 55746?
The average rent for an apartment in 55746 is around $750 per month.
What is the average rent for a two-bedroom apartment in 55746?
The average rent for a two-bedroom apartment in 55746 is around $750 per month.
Find an Apartment in 55746
Looking for apartments for rent in 55746 Hibbing, MN? Rentable has a variety of rental options available in this area. Currently, there are 4 units available for rent in the 55746 zip code.
Hibbing, MN offers a range of amenities and points of interest for residents. Nearby parks such as X Park and Y Park provide opportunities for outdoor recreation and relaxation. Explore the variety of restaurants, shops, and entertainment options in the surrounding neighborhoods.
If you're in search of apartments near 55746, Rentable has the perfect rental for you. Browse through our listings in the Hibbing, MN area to find your next home.
Hibbing: April Rent Report
Welcome to the April 2024 Hibbing Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
April 2024 key findings and figures for the Hibbing rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Hibbing and surrounding areas and provide comparisons to the entire metro area, nearby cities and
some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of
Hibbing average rent prices in the chart below.
Monthly Rent Report
$1,100
$830
$550
$280
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR2 BR
Hibbing Rent Prices Decrease From March to April
Hibbing rent prices decreased over the last month. From March to April, the city experienced a -6.69% decrease for the price of a one-bedroom apartment. The rent price for a Hibbing one-bedroom apartments currently stands at $739.0.
When we take a look at the two-bedroom comparison from March to April, Hibbing experienced a -4.05% decrease for the price of a two-bedroom apartment. The rent price for a Hibbing two-bedroom apartments currently stands at $925.0.
April Prices: Hibbing vs. Surrounding Areas
Rent Prices in Hibbing and Surrounding Areas
Rent prices have decreased in Hibbing over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Hibbing suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Hibbing suburbs
Rents did not decrease in any of the Hibbing suburbs.
April 2024 Pricing Trends: Hibbing vs. National Comparisons
New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent
Hibbing Rent Prices More Affordable Than Major Cities
Rent growth in Hibbing over the past year has been
declining. When compared to major cities nearby, along
with some of the most expensive cities in the country, Hibbing average rent prices appear to be
relatively affordable for local residents.
The price for a Hibbing one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Hibbing and surrounding area rent prices, take a look at the complete data set below.
Data set for Hibbing and suburbs
1 BR April
1 BR M/M % Change
2 BR April
2 BR M/M % Change
Methodology
Each month, using over 1 million Rentable listings across the United States, we calculate the median
1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To
avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and
property count thresholds.