
Cheap Apartments for Rent in Lakefield, MN from $400 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Lakefield.


902 S Douglas St

216 N State St, Unit 2

1851 26th St

200 Florence Ave

551 Lakeview Rd

808 Hills Ave

1757 4th Ave

467 4th Ave

Windcrest Village Apartments & Townhomes

Deer Creek Apartments

Tallgrass Village Apartments & Townhomes

Eytcheson Estates Sherburn

301 S Virginia St

310 W 3rd St

270 US-59
Lakefield, MN Local Guide

How much does it cost to rent an apartment in Lakefield?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lakefield Studio Apartments | $808 | $690 | $995 |
Lakefield 1 Bedroom Apartments | $880 | $525 | $1,500 |
Lakefield 2 Bedroom Apartments | $1,297 | $625 | $1,700 |
Lakefield 3 Bedroom Apartments | $1,465 | $950 | $1,770 |
Lakefield 4 Bedroom Apartments | $1,471 | $1,100 | $1,900 |
Browse Top Apartments in Lakefield
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Lakefield, MN Local Guide
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Cheapest Available Lakefield Apartments for Rent and Nearby
 The cheapest available apartment rental in Lakefield, MN is a 1 Bed unit found at Burt 18-Unit (Countryside Properties) priced from $450. RC Square Apartments in the Downtown Marshall neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $625. Here is today’s list of the most affordable Lakefield apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Burt 18-Unit (Countryside Properties) | 1 Bedroom | 1BR,1BA | $450 |
RC Square Apartments | 2 Bedroom | 2BR,1BA | $625 |
Tallgrass Village Apartments & Townhomes | Studio Apartment | Studio,1BA | $690 |
Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $700 |
Park View Apartments | 1 Bed/ 1 Bath | 1BR,1BA | $725 |
Windcrest Village Apartments & Townhomes | Studio Apartment | Studio,1BA | $725 |
Deer Creek Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $735 |
Okabena Tower 40+ | 1 BR/1 BA | 1BR,1BA | $785 |
The Nexus | 235 - 2 BR/1 BA | 2BR,1BA | $795 |
Suite Liv'n - Marshall | One Bedroom | 1BR,1BA | $850 |
Best Value Apartments for Rent in Lakefield, MN and Nearby
As of April 05, 2025 the best value apartment in the Lakefield area is the $0.71 price per square foot 4 Bedroom - Lower Level Model at Windom Landing in the starting from $975. The second greatest value Lakefield apartment is the 3 Bedroom 2 Bath Model at Sleepy Eye Apartments Homes starting at $1,620 with a $1.35 price per square foot . Here is today’s list of the best values for Lakefield apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Windom Landing | 4 Bedroom - Lower Level | 4BR,2BA | $0.71 |
Sleepy Eye Apartments Homes | 3 Bedroom 2 Bath | 3BR,2BA | $1.35 |
Briarwood Estates | 901D Briarwood | 3BR,2BA | $1.30 |
Ashley Estates | 2 Bedroom - b | 2BR,2BA | $1.19 |
RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $1.33 |
Deer Creek Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.18 |
Okabena Tower 40+ | 1 BR/1 BA | 1BR,1BA | $1.31 |
Park View Apartments | 1 Bed/ 1 Bath | 1BR,1BA | $1.34 |
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Getting Around Lakefield, MN
Walk Score®
47 / 100
Car-Dependent
Most errands require a car
Bike Score®
39 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lakefield Apartments
What is the Cheapest Studio apartment in Lakefield?
Currently the most affordable Cheap Studio Apartment in Lakefield is at Tallgrass Village Apartments & Townhomes listed at $690.
How much is rent for a Cheap One Bedroom Lakefield Apartment?
The lowest price for a Cheap One Bedroom Lakefield Apartment is $450 at Burt 18-Unit (Countryside Properties).
What is the lowest price for a Cheap Two Bedroom Lakefield Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lakefield is starting from $625 at RC Square Apartments.
What is the most affordable Lakefield Three Bedroom Apartment?
The best deal on a cheap Lakefield Three Bedroom Apartment rental is at Suite Liv'n - Marshall and starts from $1,150.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.