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Apartments for Rent in 55116, MN - 71 Rentals available

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55116 Demographics

  • Total Population24,723
  • Female 12,220
    Male 12,503
  • Median Age38.1

Average Rent in 55116

  • 55116 Average Rental Price, November 2018$1,199/mo
  • Studio$847
  • 1 Bedroom$1,056
  • 2 Bedrooms$1,311
  • Studio$929
  • 1 Bedroom$1,096
  • 2 Bedroom$1,301

55116 Apartment Rent Ranges

  • $501-$7003%
  • $701-$1,00041%
  • $1,001-$1,50033%
  • $1,501-$2,00021%
  • > $2,0002%

55116 Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Nov / 2018 $1,199 $847 $1,056 $1,311
Jan / 2018 $1,199 $847 $1,056 $1,311
Sept / 2017 $1,183 $846 $1,044 $1,274
May / 2017 $1,171 $809 $1,033 $1,267
Jan / 2017 $1,154 $809 $1,004 $1,262
Sept / 2016 $1,148 $794 $1,003 $1,256
May / 2016 $1,142 $734 $992 $1,253
Jan / 2016 $1,123 $725 $970 $1,231
Sept / 2015 $1,103 $703 $945 $1,219
May / 2015 $1,101 $705 $943 $1,216
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Average rent is projected to grow by 4% in 2018 compared to 2017.

Please note that projected rent growth is calculated at city level.

55116 Households

  • Total Number of Households11,341
  • Family 5,712
    Non-family 5,629
  • Children 2,531
    No Children 8,810
  • Average People Per Household2.17
  • Median Household Income$63,397
  • Median Housing Costs Per Month$1,131

55116 Education Statistics

  • No High School1%
  • Some High School17%
  • Some College19%
  • Associate Degree6%
  • Bachelor Degree32%
  • Graduate Degree24%

RENTCafé is your one-stop shop for finding a great new apartment in the 55116 zip code. Easily search through a wide selection of apartments for rent in 55116, MN and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Rents for apartments in 55116 start at $760. Browse apartment listings in 55116 and submit your rental application today!