412 S Walnut St
EllsworthMN56129
Cheap Homes for Rent in Lakefield, MN from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Lakefield.
500 Marion St
MilroyMN56263
405 6th St
JacksonMN56143
205 E 4th St
SanbornIA51248
509 Floyd St
SanbornIA51248
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.
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Lakefield, MN Local Guide
Kilen Woods State Park by Tony Webster is licensed under CC BY 2.0
How much does it cost to rent a home in Lakefield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakefield 2 Bedroom Homes for Rent | $1,491 | $1,150 | $2,000 |
| Lakefield 3 Bedroom Homes for Rent | $1,496 | $995 | $2,500 |
Browse Top Homes for Rent in Lakefield
Explore Lakefield
Lakefield, MN Local Guide
- Nearby Cities
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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 |
Best Value Apartments for Rent in Lakefield, MN and Nearby
As of April 24, 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 | $1.24 |
| 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 | $1.16 |
| Okabena Tower 40+ | 1 BR/1 BA | 1BR,1BA | $1.31 |
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Frequently Asked Questions about Lakefield
What type of rentals are currently available in Lakefield?
There are currently 50 Apartments for Rent in Lakefield, MN with pricing that ranges from $550 to $1,805. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakefield ranging from $995 to $2,500.
What is the current price range for Rental Homes in Lakefield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakefield ranges from $995 to $2,500 with an average monthly rent of $1,493.
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.
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.
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.