
Cheap Apartments for Rent in Lakefield, MN from $400 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Lakefield.


Eytcheson Estates Sherburn

467 4th Ave

305 N Van Buren Ave

Deer Creek Apartments

Windcrest Village Apartments & Townhomes

310 Sibley St

302 Carroll St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Tallgrass Village Apartments & Townhomes

The Nexus

301 S Virginia St
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 | $812 | $720 | $995 |
Lakefield 1 Bedroom Apartments | $882 | $550 | $1,500 |
Lakefield 2 Bedroom Apartments | $1,337 | $625 | $1,700 |
Lakefield 3 Bedroom Apartments | $1,441 | $950 | $1,730 |
Lakefield 4 Bedroom Apartments | $1,153 | $975 | $1,775 |
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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 |
Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $700 |
Deer Creek Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $720 |
Windcrest Village Apartments & Townhomes | Studio Apartment | Studio,1BA | $720 |
Park View Apartments | 1 Bed/ 1 Bath | 1BR,1BA | $725 |
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 |
Briarwood Estates | 901 Pearl Ave | 2BR,1BA | $850 |
Best Value Apartments for Rent in Lakefield, MN and Nearby
As of April 28, 2025 the best value apartment in the Lakefield area is the $1.19 price per square foot 3 Bed 2 Bath Townhome Model at Tallgrass Village Apartments & Townhomes in the starting from $1,730. The second greatest value Lakefield apartment is the 4 Bedroom - Lower Level Model at Windom Landing starting at $975 with a $0.71 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. |
---|---|---|---|
Tallgrass Village Apartments & Townhomes | 3 Bed 2 Bath Townhome | 3BR,2BA | $1.19 |
Windom Landing | 4 Bedroom - Lower Level | 4BR,2BA | $0.71 |
Prairie Trail Village Apartments & Townhomes | 3 Bed 2 Bath Townhome | 3BR,2BA | $1.25 |
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 | $1.15 |
Okabena Tower 40+ | 1 BR/1 BA | 1BR,1BA | $1.31 |
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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 Windcrest Village Apartments & Townhomes listed at $720.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.