3000 Cliff Rd E
BurnsvilleMN55337
Cheap Homes for Rent in Lakeville, MN from $1,000 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Lakeville.
12970 Nicollet Ave
BurnsvilleMN55337
12655 Garner Way
St. PaulMN55124
15863 Flute Way
Apple ValleyMN55124
1921 Southcross Dr W
BurnsvilleMN55306
20663 Brennan Path
FarmingtonMN55024
12656 Garner Way
St. PaulMN55124
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Lakeville, MN Local Guide
Sunset at the lake by Patrick Murphy is licensed under CC BY 2.0
How much does it cost to rent a home in Lakeville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakeville 2 Bedroom Homes for Rent | $2,117 | $1,350 | $3,500 |
| Lakeville 3 Bedroom Homes for Rent | $2,465 | $1,796 | $3,495 |
| Lakeville 4 Bedroom Homes for Rent | $2,789 | $2,195 | $3,995 |
| Lakeville 5 Bedroom Homes for Rent | $3,063 | $2,695 | $3,500 |
Browse Top Homes for Rent in Lakeville
Explore Lakeville
Lakeville, MN Local Guide
- Lakeville Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lakeville, MN
Pricing Updated: 03/25/2025Current apartment rentals in the Lakeville, MN area range in price from $631 to $5,366 with an overall median price of $2,343. The three Lakeville neighborhoods with the lowest median rent pricing are Prairie Lake at $1,205, Timbercrest At Lakeville at $1,250, and Wood Hill at $631. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Lakeville Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Prairie Lake | $2,118 | $1,205 | 401 |
| Timbercrest At Lakeville | $2,194 | $1,250 | 892 |
| Wood Hill | $2,205 | $631 | 1034 |
| Donnelly Farm | $2,263 | $1,250 | 1140 |
| Dakota Far Southwest Suburbs | $2,938 | $810 | 10584 |
Cheapest Available Lakeville Apartments for Rent and Nearby
The cheapest available apartment rental in Lakeville, MN is a 1 Bed unit found at MAJESTIC COVE in the Carrollton Estates neighborhood priced from $1,165. The Felix in the Vista View neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,166. Here is today’s list of the most affordable Lakeville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| MAJESTIC COVE | Open living space + spacious master | 1BR,1BA | $1,165 |
| The Felix | The Ronan | 1BR,1BA | $1,166 |
| The Oaks of Lakeville | 1 BD / 1 BA | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Lakeville, MN and Nearby
As of March 25, 2025 the best value apartment in the Lakeville area is the $1.27 price per square foot Spacious 3 bedroom & master walk-in closet Model at KINGSTON GREEN in the in the Cobblestone Legacy neighborhood starting from $1,915. The second greatest value Lakeville apartment is the Three Bedroom - A Model at The Legends of Apple Valley starting at $1,847 with a $1.38 price per square foot in the Cobblestone Legacy neighborhood. Here is today’s list of the best values for Lakeville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| KINGSTON GREEN | Spacious 3 bedroom & master walk-in closet | 3BR,2BA | $1.27 |
| The Legends of Apple Valley | Three Bedroom - A | 3BR,2BA | $1.38 |
| Provence | B6 | 2BR,2BA | $1.72 |
| Hearthstone Apartments and Townhomes | B | 2BR,2BA | $1.56 |
| Rambush Estates | 2 Bed, 2 Bath | 2BR,2BA | $1.57 |
| Lakeville Woods | Willow A | 1BR,1BA | $1.67 |
| Coventry Court Townhomes | 2 BD, 2 BA | 2BR,2BA | $1.65 |
| The Oaks of Lakeville | 1 BD / 1 BA | 1BR,1BA | $1.60 |
| The Woods of Burnsville Apartments | Sycamore | 1BR,1BA | $1.65 |
| MAJESTIC COVE | Open living space + spacious master | 1BR,1BA | $1.61 |
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Frequently Asked Questions about Lakeville
What type of rentals are currently available in Lakeville?
There are currently 125 Apartments for Rent in Lakeville, MN with pricing that ranges from $810 to $5,125. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeville ranging from $1,050 to $3,995.
What is the current price range for Rental Homes in Lakeville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakeville ranges from $1,050 to $3,995 with an average monthly rent of $2,296.
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.