55116 rental market

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Last updated August 11, 2025

Rental market summary

The average rent for 1 bedroom properties in 55116 is $1,120.

Average rent

$1,120

Month-over-month change

+$25

Year-over-year change

+$89

Available rentals

38

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $895 to $3,100.

Rent frequencies
Rent priceNumber of rental properties
$9007
$1,00010
$1,1008
$1,2001
$1,3005
$1,4001
$1,5003
$1,9001
$2,100+1

Average rent price over time

In the last year, rent has increased by $89 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,004$1,079
Feb$1,050$1,099
Mar$1,050$1,062
Apr$1,050$1,099
May$1,059$1,095
Jun$1,050$1,099
Jul$1,050$1,095
Aug$1,035$1,099
Sep$1,029No data
Oct$1,053No data
Nov$1,082No data
Dec$1,080No 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 30% lower than the national average.

55116vs.

$1,120

$1,592

Rent in 55116

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Frequently asked questions

1. What is the average rent in 55116?

The average rent in 55116 is $1,164.

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

Houses in 55116 rent between $745 - $3,057 with an average rent of $1,164.

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

In the last year, the rent in 55116 increased by $109

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

In the last month, the rent in 55116 decreased by $55

5. How many available rentals are there in 55116?

There are currently 59 rentals available in 55116.

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

The average rent in 55116 is $1,164 — Infinity% higher the national average of $0.