55116 rental market

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Last updated August 23, 2025

Rental market summary

The average rent for all bedrooms and all property types in 55116 is $1,213.

Average rent

$1,213

Month-over-month change

+$38

Year-over-year change

+$168

Available rentals

55

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $745 to $5,495.

Rent frequencies
Rent priceNumber of rental properties
$7001
$8001
$90013
$1,0006
$1,1006
$1,2004
$1,3006
$1,4001
$1,5001
$1,7002
$1,8002
$1,9004
$2,0001
$2,1001
$2,2002
$2,5003
$3,0001
$5,000+1

Average rent price over time

In the last year, rent has increased by $168 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,236$1,105
Feb$1,153$1,225
Mar$1,195$1,095
Apr$1,150$1,129
May$1,129$1,100
Jun$1,095$1,184
Jul$1,127$1,222
Aug$1,099$1,120
Sep$1,055No data
Oct$1,125No data
Nov$1,143No data
Dec$1,150No data

Market temperature

The 55116 rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 55116 is 42% lower than the national average.

55116vs.

$1,213

$2,100

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Frequently asked questions

1. What is the average rent in 55116?

The average rent in 55116 is $1,213.

2. How much does it cost to rent a house in 55116?

Houses in 55116 rent between $745 - $5,495 with an average rent of $1,213.

3. How has the rent in 55116 changed in the last year?

In the last year, the rent in 55116 increased by $168

4. How much has the rent in 55116 increased/decreased in the last month?

In the last month, the rent in 55116 increased by $38

5. How many available rentals are there in 55116?

There are currently 55 rentals available in 55116.

6. How do rent prices in 55116 compare with the national average?

The average rent in 55116 is $1,213 — 42.24% lower the national average of $2,100.