
Cheap Apartments for Rent in the Wood Hill Neighborhood of Lakeville, MN from $600 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Wood Hill area of Lakeville.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Northfield Estates
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.

18 Walnut St
Wood Hill, Lakeville, MN Local Guide

How much does it cost to rent an apartment in Wood Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Wood Hill Studio Apartments | $1,333 | $1,131 | $1,518 |
Wood Hill 1 Bedroom Apartments | $1,574 | $631 | $2,145 |
Wood Hill 2 Bedroom Apartments | $2,017 | $935 | $2,445 |
Wood Hill 3 Bedroom Apartments | $2,492 | $1,695 | $2,695 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 3 mile radius of the Wood Hill Neighborhood of Lakeville, MN.
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Wood Hill, Lakeville, MN Local Guide
- Nearby Lakeville neighborhoods
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Best Value Apartments for Rent in Wood Hill, MN
As of May 16, 2025 the best value apartment in the Wood Hill area is the $1.43 price per square foot Two Bedroom Flat Model at Lakeville Court in the in the Wood Hill neighborhood starting from $1,631. The second greatest value Wood Hill apartment is the E - 2 Bed 1 Bath Model at Old Town Apartments starting at $1,700 with a $1.83 price per square foot in the Wood Hill neighborhood. Here is today’s list of the best values for Wood Hill apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Lakeville Court | Two Bedroom Flat | 2BR,1BA | $1.43 |
Old Town Apartments | E - 2 Bed 1 Bath | 2BR,1BA | $1.83 |
345 3rd St, Unit Fletcher | 345 3rd St | 1BR,1BA | $1.68 |
The Oaks of Lakeville | 2 BD / 1 BA | 2BR,1BA | $1.65 |
Centennial & Heritage Apartments | 1 bedroom | 1BR,1BA | $1.41 |
Northfield Estates | COMING SOON | 2BR,1BA | $1.17 |
The Emery | C01 + Den | 1BR,1BA | $2.37 |
LakeVillage Apartments | Lake Village 700 Square Feet | 1BR,1BA | $1.99 |
Kraewood Flats | Birch-1 Bedroom w/Balcony | 1BR,1BA | $2.44 |
Authentix Lakeville | Studio Horizon Courtyard | Studio ,1BA | $2.28 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleWood Hill, Lakeville, MN
Ranked #5
Among neighborhoods in Lakeville, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Wood Hill, Lakeville, MN
School data provided by Great Schools
Frequently Asked Questions about Cheap Wood Hill Apartments
What is the Cheapest Studio apartment in Wood Hill?
Currently the most affordable Cheap Studio Apartment in Wood Hill is at Kraewood Flats listed at $1,131.
How much is rent for a Cheap One Bedroom Wood Hill Apartment?
The lowest price for a Cheap One Bedroom Wood Hill Apartment is $1,150 at Centennial & Heritage Apartments.
What is the lowest price for a Cheap Two Bedroom Wood Hill Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Wood Hill is starting from $935 at Northfield Estates.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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.