Apartments in 55406

1 - 23 of 23 Results
24
$1,015 - 1,040
4052 Minnehaha Ave Minneapolis, MN
1 BR | May. 15, 2024
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Cat Friendly
Virtual Tour
Section 8
Air Conditioning
Surface Parking
64
$1,099 - 1,495
3815 Hiawatha Avenue Minneapolis, MN
Studio - 1 BR | Jun. 1, 2024
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
12
$1,050 - 2,095
2615 East 29Th Street Minneapolis, MN
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
11
$965
3211 Minnehaha Ave Minneapolis, MN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
Greater Longfellow
4
$1,125 - 1,795
3126 Minnehaha Ave Minneapolis, MN
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
Greater Longfellow
16
$1,100
Minneapolis, MN
1 BR | Jun. 1, 2024
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
18
$1,125
Minneapolis, MN
Studio | Jul. 10, 2024
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Dog Friendly
Cat Friendly
Storage
Disability Access
9
$1,395 - 1,495
4556 46th Ave S Minneapolis, MN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Storage
Dishwasher
10
$1,325 - 1,425
3136 Minnehaha Ave Minneapolis, MN
1 BR | Aug. 5, 2024
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Dog Friendly
Cat Friendly
Disability Access
Greater Longfellow
9
$900 - 975
3140 Minnehaha Ave Minneapolis, MN
Studio | Available Now
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Air Conditioning
Greater Longfellow
3
$1,145 - 1,195
3000 W River Pkwy Minneapolis, MN
1 BR | Jul. 1, 2024
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Heat Included
Cat Friendly
Surface Parking
Storage
Disability Access
12
$1,695
3757 29Th Ave Minneapolis, MN
3 BR | Ask for Availability
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House
In Unit Laundry
Standish
2
$999 - 1,100
Minneapolis, MN
1 BR | Jun. 1, 2024
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$1,245
Mpls, MN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
Howe
18
$999
Minneapolis, MN
1 BR | Available Now
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Storage
Standish
35
$1,269
4041 Hiawatha Ave S Minneapolis, MN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
19
$1,100 - 2,095
2615 East 29Th Street Minneapolis, MN
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
32
3D Tour
$1,504 - 1,733
3550 E 46Th St Minneapolis, MN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
5
$1,055
3000 West River Parkway Minneapolis, MN
1 BR | Available Now
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Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
Dishwasher
7
$875 - 885
3151 29th Avenue South Minneapolis, MN
1 BR | Available Now
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Heat Included
Cat Friendly
Air Conditioning
Surface Parking
Storage
35
3D Tour
$1,492 - 1,982
4540 Snelling Ave Minneapolis, MN
1 - 2 BR | Available Now
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Cat Friendly
Virtual Tour
Air Conditioning
Surface Parking
In Unit Laundry
5
$895
Minneapolis, MN
1 BR | Available Now
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Cat Friendly
Air Conditioning
Storage
Greater Longfellow
Call for Pricing
Minneapolis, MN
Studio | Ask for Availability
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Greater Longfellow
1 - 23 of 23 Results
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How much does it cost to rent an apartment in 55406?

55406 apartments
Bed Type Average Rent Range
Studio $1,100 $900 - $1,280
1BR $1,220 $970 - $1,580
2BR $1,970 $1,750 - $2,100
Find an Apartment in 55406
Looking for apartments for rent in the 55406 zip code in Minneapolis, MN? Rentable has a variety of options available for you. Currently, there are 88 units available in this area. The average rent for these apartments is $1,230. If you're looking for a more affordable option, you can find 1-bedroom units starting at $999.

The top neighborhoods in the 55406 area include Greater Longfellow, Hiawatha, and Howe. These areas offer a vibrant community with nearby parks and amenities. Residents can enjoy exploring the picturesque parks such as Lake Hiawatha Park and Minnehaha Park. In addition, the proximity to the Mississippi River and the Great River Road provides opportunities for outdoor activities and scenic views.

If you're searching for an apartment near 55406, Rentable is here to help you find your dream rental. Explore our listings and find the perfect apartment that meets your preferences and budget. Don't miss out on the chance to live in this desirable area of Minneapolis. Start your search with Rentable today!

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.