55040 rental market

What is the average rent in 55040?

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Last updated August 10, 2026

Rental market summary

The average rent for all bedrooms and all property types in 55040 is $2,250.

Average rent

$2,250

Month-over-month change

+$790

Year-over-year change

+$250

Available rentals

9

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,105 to $2,600.

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Rent frequencies
Rent priceNumber of rental properties
$1,3001
$1,4002
$1,5001
$2,2001
$2,3001
$2,4001
$2,5002
$2,600+1

Average rent price over time

In the last year, rent has increased by $250 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,850$1,427
Feb$1,950$1,397
Mar$1,443$2,100
Apr$1,471$1,650
May$1,700$1,489
Jun$1,700$1,462
Jul$1,485$1,498
Aug$2,000$1,550
Sep$1,464No data
Oct$1,486No data
Nov$1,486No data
Dec$1,590No data

Market temperature

The 55040 rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 55040 is 12% higher than the national average.

55040vs.

$2,250

$2,003

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Frequently asked questions

1. What is the average rent in 55040?

The average rent in 55040 is $2,250.

2. What is the average rent for a studio apartment in 55040?

The average rent for a studio apartment in 55040 is $1,105 per month.

3. What is the average rent for a one-bedroom apartment in 55040?

The average rent for a one-bedroom apartment in 55040 is $1,260 per month.

4. What is the average rent for a two-bedroom apartment in 55040?

The average rent for a two-bedroom apartment in 55040 is $1,280 per month.

5. What is the average rent for a three-bedroom apartment in 55040?

The average rent for a three-bedroom apartment in 55040 is $1,602 per month.

6. What is the average rent for a four-bedroom apartment in 55040?

The average rent for a four-bedroom apartment in 55040 is $2,517 per month.

7. How much does it cost to rent a house in 55040?

Houses in 55040 rent between $1,105 - $2,600 with an average rent of $2,250.

8. How has the rent in 55040 changed in the last year?

In the last year, the rent in 55040 increased by $250

9. How much has the rent in 55040 increased/decreased in the last month?

In the last month, the rent in 55040 increased by $790

10. How many available rentals are there in 55040?

There are currently 9 rentals available in 55040.

11. How do rent prices in 55040 compare with the national average?

The average rent in 55040 is $2,250 — 12.33% higher the national average of $2,003.

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