Cheap Apartments for Rent in Lakeville, MN from $800 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lakeville.

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Colonial Apartments
2 Bedroom Apartments

Colonial Apartments

20596 Hollins Ave WLakeville, MN 55044
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Evergreen Apartments
1 to 2 Bedroom Apartments

Evergreen Apartments

8590 208th St WLakeville, MN 55044
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Colonial Apartments
2 Bedroom Apartments

Colonial Apartments

20612 Hollins Ave WLakeville, MN 55044
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Village Dweller
1 to 2 Bedroom Apartments

Village Dweller

20966-20968 Holt AveLakeville, MN 55044
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Kingsley Shores
Studio to 1 Bedroom Apartments

Kingsley Shores

16880 Klamath TrlLakeville, MN 55044
Senior Living
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Apple Villa
1 to 2 Bedroom Apartments

Apple Villa

7820-7822 Whitney DrApple Valley, MN 55124
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Oaks Whitney Pines
1 to 2 Bedroom Apartments

Oaks Whitney Pines

7750 Whitney DrApple Valley, MN 55124
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Whispering Oaks
1 to 3 Bedroom Apartments

Whispering Oaks

1600 W 143rd StBurnsville, MN 55306
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The Apex
1 to 2 Bedroom Apartments

The Apex

15101 Greenhaven DrBurnsville, MN 55306

Lakeville, MN Local Guide

Cheapest Neighborhoods for Apartments in Lakeville, MN

Pricing Updated: 04/14/2025

Current apartment rentals in the Lakeville, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lakeville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Wood Hill$2,407$1,7951
Dakota Far Southwest Suburbs$2,700$1,20017
Donnelly Farm$3,400$2,1201
Hypointe Crossing$3,500$3,5001

Cheapest Available Lakeville Apartments for Rent

 

The cheapest available apartment rental in Lakeville, MN is a 1 Bed unit found at The Felix in the Vista View neighborhood priced from $1,154. MAJESTIC COVE in the Carrollton Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,165. Here is today’s list of the most affordable Lakeville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The FelixThe Ventura1BR,1BA$1,154
MAJESTIC COVEOpen living space + spacious master1BR,1BA$1,165
The ApexMinnetonka1BR,1BA$1,195
The Oaks of Lakeville1 BD / 1 BA1BR,1BA$1,250
Rosewood Manor1 Bed, 1 bath1BR,1BA$1,250
Applewoods Apartments1 Bed 1 Ba1BR,1BA$1,254
The Woods of Burnsville ApartmentsSycamore1BR,1BA$1,284
Authentix LakevilleStudio Retreat OverlookStudio,1BA$1,325
KINGSTON GREENOpen concept living with walk-out patio/balcony1BR,1BA$1,330
Southwind VillageS1Studio,1BA$1,360

Best Value Apartments for Rent in Lakeville, MN

As of April 14, 2025 the best value apartment in the Lakeville area is the $1.38 price per square foot Three Bedroom - A Model at The Legends of Apple Valley in the in the Cobblestone Legacy neighborhood starting from $1,847. The second greatest value Lakeville apartment is the B6 Model at Provence starting at $2,107 with a $1.67 price per square foot in the Vista View neighborhood. Here is today’s list of the best values for Lakeville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Legends of Apple ValleyThree Bedroom - A3BR,2BA$1.38
ProvenceB62BR,2BA$1.67
The Woods of Burnsville ApartmentsSequoia3BR,2BA$1.71
Hearthstone Apartments and TownhomesB2BR,2BA$1.54
Rambush Estates2 Bed, 2 Bath2BR,2BA$1.55
Lakeville WoodsWillow A1BR,1BA$1.61
KINGSTON GREENOpen concept living with walk-out patio/balcony1BR,1BA$1.53
The Oaks of Lakeville1 BD / 1 BA1BR,1BA$1.60
The ApexMinnetonka1BR,1BA$1.64
MAJESTIC COVEOpen living space + spacious master1BR,1BA$1.61

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lakeville, MN Rentals by Map

View MapLakeville, MN Apartments MapView MapLakeville, MN Rental Homes Map

Getting Around Lakeville, MN

Walk Score®

28 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Lakeville Apartments

What is the Cheapest Studio apartment in Lakeville?

Currently the most affordable Cheap Studio Apartment in Lakeville is at Authentix Lakeville listed at $1,325.

How much is rent for a Cheap One Bedroom Lakeville Apartment?

The lowest price for a Cheap One Bedroom Lakeville Apartment is $1,154 at The Felix.

What is the lowest price for a Cheap Two Bedroom Lakeville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lakeville is starting from $1,350 at The Oaks of Lakeville.

What is the most affordable Lakeville Three Bedroom Apartment?

The best deal on a cheap Lakeville Three Bedroom Apartment rental is at MAJESTIC COVE and starts from $1,730.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

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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.

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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.

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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.