Apartments in 55401

1 - 16 of 16 Results
22
$1,073 - 1,293
322 S 2Nd St Minneapolis, MN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
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1
$2,895 - 3,520
212 N Second St Minneapolis, MN
2 - 3 BR | Available Now
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Cat Friendly
Luxury
In Unit Laundry
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5
$1,120 - 1,335
720 Washington Ave Minneapolis, MN
1 - 2 BR | Available Now
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Cat Friendly
Covered Parking
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11
$1,120 - 1,850
432 1st St N Minneapolis, MN
1 - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Income Restricted
In Unit Laundry
60
$1,278 - 2,401
Deal
240 Chicago Ave S Minneapolis, MN
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Fitness Center
40
$1,795 - 2,295
415 1st Street North Minneapolis, MN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
18
$3,045
200 2nd Ave N Minneapolis, MN
2 BR | Available Now
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Cat Friendly
Downtown Minneapolis
24
$1,515 - 2,095
Deal
600 N 5Th St Minneapolis, MN
1 BR | Available Now
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16
3D Tour
$1,505 - 3,045
50 N 4Th Ave Minneapolis, MN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
2
$1,151 - 1,243
115 2nd Ave S Minneapolis, MN
Studio | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
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Downtown Minneapolis
10
$1,700 - 2,350
Minneapolis, MN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Fitness Center
41
$1,195 - 2,025
225 Portland Ave. Minneapolis, MN
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
27
$795 - 1,150
1205 Hawthorn Avenue Minneapolis, MN
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
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20
$1,280 - 2,190
625 2nd Street N Minneapolis, MN
Studio - 2 BR | Available Now
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Heat Included
Dog Friendly
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Luxury
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16
$1,112 - 2,983
315 N 7th Ave Minneapolis, MN
Studio - 2 BR | Available Now
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Air Conditioning
Balcony/Deck/Patio
Fitness Center
5
$1,695 - 2,015
129 North 2nd Street Minneapolis, MN
1 BR | Available Now
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1 - 16 of 16 Results
  1. Home
  2. Minneapolis
  3. 55401

How much does it cost to rent an apartment in 55401?

55401 apartments
Bed Type Average Rent Range
Studio $1,310 $880 - $1,620
1BR $1,670 $1,070 - $2,230
2BR $2,350 $1,340 - $3,000
3BR $3,520 $3,520 - $3,520
Find an Apartment in 55401
Looking for apartments for rent in 55401 Minneapolis, MN? Rentable has all the information you need to find your next rental in this area. Currently, there are 104 units available for rent in the 55401 zip code. The average rent for apartments in 55401 is $1,630, making it an attractive option for those looking for a new place to call home.

The minimum rent for a specific floor-plan type in 55401 is $880. This ensures there are options available for those on a budget or looking for more affordable housing.

The top neighborhoods in the 55401 area include Downtown Minneapolis, North Loop, and Downtown East. These neighborhoods offer a vibrant urban lifestyle with easy access to various amenities and attractions.

If you're a nature lover, you'll be pleased to know that there are several parks near the 55401 zip code, providing opportunities for outdoor recreation. Additionally, this area is known for its proximity to popular points of interest, such as museums, theaters, and shopping districts.

Explore Rentable's apartments near 55401 and discover the perfect rental that suits your needs and preferences.

Minneapolis:
April Rent Report

Welcome to the April 2024 Minneapolis 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 Minneapolis rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Minneapolis 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 Minneapolis average rent prices in the chart below.

Monthly Rent Report

$1,850
$1,390
$930
$460
$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 BR       2 BR

Minneapolis Rent Prices Decrease From March to April

Minneapolis rent prices decreased over the last month. From March to April, the city experienced a -0.76% decrease for the price of a one-bedroom apartment. The rent price for a Minneapolis one-bedroom apartments currently stands at $1,300.0.

When we take a look at the two-bedroom comparison from March to April, Minneapolis experienced a 0.64% increase for the price of a two-bedroom apartment. The rent price for a Minneapolis two-bedroom apartments currently stands at $1,742.0.

April Prices: Minneapolis vs. Surrounding Areas

Bloomington, MN
Minnetonka, MN
Robbinsdale, MN
Richfield, MN
St Louis Park, MN
Minneapolis, MN
St Paul, MN
Brooklyn Park, MN
$1,590
$1,501
$1,397
$1,320
$1,313
$1,310
$1,282
$987
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Minneapolis and Surrounding Areas

Rent prices have decreased in Minneapolis over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 5 of the Minneapolis suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in St Paul, MN, Bloomington, MN, Richfield, MN, Robbinsdale, MN, Brooklyn Park, MN .

  • Rent decreased in St Louis Park, MN, Minnetonka, MN.

  • 5 suburbs are currently priced higher than the city of Minneapolis.

  • 2 suburbs are currently priced lower than the city of Minneapolis.

April 2024 Pricing Trends: Minneapolis 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

Minneapolis Rent Prices More Affordable Than Major Cities

Rent growth in Minneapolis over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Minneapolis average rent prices appear to be relatively affordable for local residents.

The price for a Minneapolis 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 Minneapolis and surrounding area rent prices, take a look at the complete data set below.

Data set for Minneapolis and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Minneapolis, MN $1,310.0 1.00% $1,731.0 0.93%
St Paul, MN $1,282.0 0.16% $1,603.0 0.19%
St Louis Park, MN $1,313.0 -0.61% $1,596.0 -0.06%
Bloomington, MN $1,590.0 4.06% $1,738.0 1.46%
Richfield, MN $1,320.0 3.94% $2,167.0 0.70%
Minnetonka, MN $1,501.0 0.00% $1,879.0 -0.05%
Robbinsdale, MN $1,397.0 0.14% $1,829.0 -0.22%
Brooklyn Park, MN $987.0 1.13% $1,332.0 0.08%

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.