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Apartments in 55407

31 - 40 of 40 Results
5
$925
Powderhorn Terrace
1308 Powderhorn Terrace Minneapolis, MN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Powderhorn Park
8
$865 - 875
The Balfour Apartments
2829 Park Avenue Minneapolis, MN
1 BR | Available Now
Contact
Heat Included
Cat Friendly
Storage
$1,100
3537 11th Ave
3537 11th Ave S Minneapolis, MN
1 BR | Jul. 1, 2024
Contact
Dog Friendly
Cat Friendly
Powderhorn Park
2
$1,029
Sheldrake & Orrington
2801 Park Ave Minneapolis, MN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
7
$1,225
Powderhorn Tri-plex 2 Br, 1 Bath Now
3031 11Th Ave S Minneapolis, MN
2 BR | Ask for Availability
Contact
$1,019
Powderhorn Terrace East
1308 Powderhorn Ter Minneapolis, MN
1 BR | Jul. 1, 2024
Contact
Dog Friendly
Cat Friendly
Disability Access
Powderhorn Park
$1,460
1811 E 28th St
Minneapolis, MN
2 BR | Jun. 1, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$1,100
3601 13th Avenue South
Minneapolis, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Powderhorn Park
$1,250
4109 Cedar Ave, Unit 3
Minneapolis, MN
1 BR | Available Now
Contact
Cat Friendly
Storage
Dishwasher
$1,300
3244 18th Ave S
Minneapolis, MN
2 BR | Available Now
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Powderhorn Park
31 - 40 of 40 Results
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  3. 55407

How much does it cost to rent an apartment in 55407?

55407 apartments
Bed Type Average Rent Range
Studio $1,050 $950 - $1,100
1BR $1,190 $920 - $1,420
2BR $1,520 $1,170 - $1,810
3BR $1,720 $1,400 - $1,900
4+BR $2,000 $2,000 - $2,000
Frequently Asked Questions

How many apartments are available in 55407 on Rentable.co?

Rentable.co has 40 apartments available for rent in 55407.

What is the average rent for an apartment in 55407?

The average rent for an apartment in 55407 is around $1,300 per month.

What is the average rent for a one-bedroom apartment in 55407?

The average rent for a one-bedroom apartment in 55407 is around $1,189 per month.

What is the average rent for a studio apartment in 55407?

The average rent for a studio apartment in 55407 is around $1,049 per month.

What is the average rent for a two-bedroom apartment in 55407?

The average rent for a two-bedroom apartment in 55407 is around $1,524 per month.

Find an Apartment in 55407
Looking for apartments for rent in the 55407 zip code in Minneapolis, MN? Rentable has you covered! Currently, there are 81 units available to rent in this area. The average rent in 55407 is $1,300, with 1-bedroom units starting at $915.

The top neighborhoods in 55407 are Powderhorn Park and Corcoran. These neighborhoods offer a vibrant community atmosphere and are known for their proximity to parks, including Powderhorn Park. This park provides a great outdoor space for residents to enjoy nature, walking trails, and various recreational activities.

Whether you're searching for a cozy studio or a spacious apartment, Rentable's apartments near 55407 in Minneapolis, MN have a wide range of options to choose from. Start your search today and find the perfect rental that suits your needs and preferences.

Minneapolis:
May Rent Report

Welcome to the May 2024 Minneapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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 April to May

Minneapolis rent prices decreased over the last month. From April to May, 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 April to May, 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.

May 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
$1,644
$1,501
$1,397
$1,368
$1,328
$1,300
$1,278
$1,001
$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 4 of the Minneapolis suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

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

  • Rent decreased in St Paul, MN, Minnetonka, MN, Robbinsdale, MN.

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

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

May 2024 Pricing Trends: Minneapolis vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Minneapolis, MN $1,300.0 -0.76% $1,742.0 0.64%
St Paul, MN $1,278.0 -0.31% $1,606.0 0.19%
St Louis Park, MN $1,328.0 1.14% $1,610.0 0.88%
Bloomington, MN $1,644.0 3.40% $1,763.0 1.44%
Richfield, MN $1,368.0 3.64% $2,156.0 -0.51%
Minnetonka, MN $1,501.0 0.00% $1,894.0 0.80%
Robbinsdale, MN $1,397.0 0.00% $1,836.0 0.38%
Brooklyn Park, MN $1,001.0 1.42% $1,332.0 0.00%

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.

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