55123 rental market

What is the average rent in 55123?

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Last updated November 8, 2026

Rental market summary

The average rent for all bedrooms and all property types in 55123 is $1,980.

Average rent

$1,980

Month-over-monthMoM change

+$145

Year-over-yearYoY change

+$14

Available rentals

34

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $675 to $2,950.

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Rent frequencies
Rent priceNumber of rental properties
$6001
$1,2001
$1,3001
$1,4002
$1,5006
$1,6002
$1,7002
$1,8003
$1,9002
$2,0001
$2,1002
$2,2002
$2,4001
$2,5002
$2,6001
$2,7005
$2,8004
$2,900+1

Average rent price over time

In the last year, rent has increased by $14 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,778$1,941
Feb$2,100$1,963
Mar$1,795$1,850
Apr$1,689$1,930
May$1,900$1,900
Jun$1,707$1,780
Jul$1,705$1,900
Aug$1,769$1,877
Sep$1,770$1,799
Oct$1,950$1,893
Nov$1,925$1,980
Dec$1,904No data

Market temperature

The 55123 rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 55123 is 0.95% lower than the national average.

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$1,980

$1,999

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Frequently asked questions

1. What is the average rent in 55123?

The average rent in 55123 is $1,980.

2. What is the average rent for a studio apartment in 55123?

The average rent for a studio apartment in 55123 is $1,200 per month.

3. What is the average rent for a one-bedroom apartment in 55123?

The average rent for a one-bedroom apartment in 55123 is $1,371 per month.

4. What is the average rent for a two-bedroom apartment in 55123?

The average rent for a two-bedroom apartment in 55123 is $1,718 per month.

5. What is the average rent for a three-bedroom apartment in 55123?

The average rent for a three-bedroom apartment in 55123 is $2,526 per month.

6. What is the average rent for a four-bedroom apartment in 55123?

The average rent for a four-bedroom apartment in 55123 is $2,709 per month.

7. How much does it cost to rent a house in 55123?

Houses in 55123 rent between $675 - $2,950 with an average rent of $1,980.

8. How has the rent in 55123 changed in the last year?

In the last year, the rent in 55123 increased by $14

9. How much has the rent in 55123 increased/decreased in the last month?

In the last month, the rent in 55123 increased by $145

10. How many available rentals are there in 55123?

There are currently 34 rentals available in 55123.

11. How do rent prices in 55123 compare with the national average?

The average rent in 55123 is $1,980 — less than 1% lower the national average of $1,999.

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