How many apartments are available in 55404 on Rentable.co?

Rentable.co has 62 apartments available for rent in 55404.

What is the average rent for an apartment in 55404?

The average rent for an apartment in 55404 is around $1,030 per month.

What is the average rent for a one-bedroom apartment in 55404?

The average rent for a one-bedroom apartment in 55404 is around $1,056 per month.

What is the average rent for a studio apartment in 55404?

The average rent for a studio apartment in 55404 is around $850 per month.

What is the average rent for a two-bedroom apartment in 55404?

The average rent for a two-bedroom apartment in 55404 is around $1,308 per month.

Apartments in 55404

Minneapolis:
May Rent Report

Welcome to the May 2026 Minneapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 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

Jun. 2025

Jul. 2025

Aug. 2025

Sep. 2025

Oct. 2025

Nov. 2025

Dec. 2025

Jan. 2026

Feb. 2026

Mar. 2026

Apr. 2026

May. 2026

1 BR 2 BR

Minneapolis Rent Prices Decrease From April to May

Minneapolis rent prices decreased over the last month. From April to May, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Minneapolis one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from April to May, Minneapolis experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Minneapolis two-bedroom apartments currently stands at $.

May Prices: Minneapolis vs. Surrounding Areas

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 0 of the Minneapolis 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 Minneapolis suburbs
Rents did not decrease in any of the Minneapolis suburbs.

May 2026 Pricing Trends: Minneapolis vs. National Comparisons

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 May	1 BR M/M % Change	2 BR May	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.