Apartments in 55409

1 - 11 of 11 Results
35
3D Tour
$1,595 - 2,580
4201 Nicollet Ave S Minneapolis, MN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Covered Parking
In Unit Laundry
7
$929 - 999
Minneapolis, MN
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Carag
21
$900 - 1,025
3816 Nicollet Ave Minneapolis, MN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
King Field
7
$895
Minneapolis, MN
1 BR | Available Now
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Cat Friendly
Carag
1
$895
Minneapolis, MN
1 BR | Available Now
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Cat Friendly
Disability Access
Lyndale
3
$1,145
3615 Grand Ave S Minneapolis, MN
2 BR | Available Now
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Cat Friendly
Air Conditioning
Storage
Disability Access
Lyndale
1
$949
Minneapolis, MN
1 BR | Available Now
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Dog Friendly
Cat Friendly
King Field
0
$999
Minneapolis, MN
1 BR | Jan. 1, 2025
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Dog Friendly
Cat Friendly
Lyndale
1
$1,599
Minneapolis, MN
2 BR | Available Now
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Dishwasher
Carag
0
$899
Minneapolis, MN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Lyndale
14
Call for Pricing
Minneapolis, MN
Studio | Available Now
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Cat Friendly
Storage
Carag
1 - 11 of 11 Results
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How much does it cost to rent an apartment in 55409?

55409 apartments
Bed Type Average Rent Range
Studio $930 $930 - $930
1BR $1,000 $900 - $1,480
2BR $1,930 $1,150 - $2,100
3BR $2,580 $2,580 - $2,580
Find an Apartment in 55409
Looking for apartments for rent in the 55409 zip code in Minneapolis, MN? Rentable has the perfect options for you. Currently, there are 24 units available for rent in this area. The average rent in 55409 is $1,000, with 1-bedroom floor plan types starting at $895.

The top neighborhoods in 55409 include Lyndale, King Field, and East Harriet. These neighborhoods are known for their vibrant communities and convenient amenities. If you enjoy spending time outdoors, you'll love the nearby parks such as Lyndale Farmstead Park, MLK Park, and Lakewood Cemetery.

Whether you're searching for a cozy studio or a spacious apartment, Rentable has a variety of options to choose from in 55409. Take a look at our apartments near 55409 and find your ideal rental today.

Minneapolis:
December Rent Report

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

$1,800
$1,350
$900
$450
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Minneapolis Rent Prices Increase From November to December

Minneapolis rent prices increased over the last month. From November to December, the city experienced a 0.72% increase for the price of a one-bedroom apartment. The rent price for a Minneapolis one-bedroom apartments currently stands at $1,255.0.

When we take a look at the two-bedroom comparison from November to December, Minneapolis experienced a 0.06% increase for the price of a two-bedroom apartment. The rent price for a Minneapolis two-bedroom apartments currently stands at $1,735.0.

December Prices: Minneapolis vs. Surrounding Areas

Bloomington, MN
Minnetonka, MN
Plymouth, MN
Robbinsdale, MN
Eagan, MN
St Louis Park, MN
Minneapolis, MN
St Paul, MN
$1,632
$1,587
$1,502
$1,408
$1,399
$1,356
$1,246
$1,216
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Minneapolis and Surrounding Areas

Rent prices have increased 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 2 of the Minneapolis suburbs increased last month. On the other hand, 5 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Bloomington, MN, Plymouth, MN .

  • Rent decreased in St Paul, MN, St Louis Park, MN, Minnetonka, MN, Robbinsdale, MN, Eagan, MN.

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

  • 1 suburb is currently priced lower than the city of Minneapolis.

December 2024 Pricing Trends: Minneapolis vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$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 on the rise. 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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Minneapolis, MN $1,246.0 0.24% $1,734.0 0.40%
St Paul, MN $1,216.0 0.00% $1,721.0 0.47%
Bloomington, MN $1,632.0 3.03% $1,734.0 0.35%
St Louis Park, MN $1,356.0 -0.66% $1,665.0 0.24%
Plymouth, MN $1,502.0 0.13% $1,807.0 -1.15%
Minnetonka, MN $1,587.0 -0.38% $1,972.0 -2.28%
Robbinsdale, MN $1,408.0 -0.57% $1,999.0 -1.53%
Eagan, MN $1,399.0 0.00% $1,608.0 0.06%

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.