Cheap Apartments for Rent in the Lakewood Village Neighborhood of Minneapolis, MN from $500 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lakewood Village area of Minneapolis.

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3637 Bellaire Ave

White Bear LakeMN55110
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Manitou Ridge Apartments
Studio to 2 Bedroom Apartments

Manitou Ridge Apartments

3149 McKnight Rd NWhite Bear Lake, MN 55110
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Lakewood Village, Minneapolis, MN Local Guide

Cheapest Available Lakewood Village Apartments for Rent

 

The cheapest available apartment rental in the Lakewood Village area of Minneapolis, MN is a 2 Beds unit found at Bellaire Estates priced from $1,299. The Barnum has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here are the most affordable Lakewood Village apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Bellaire EstatesRenovated 2 Bedroom 1 Bath2BR,1BA$1,299
The BarnumVermillion - ACCStudio,1BA$1,300
The Espen ResidencesCypressStudio,1BA$1,300

Best Value Apartments for Rent in Lakewood Village, MN

As of March 14, 2025 the best value apartment in the Lakewood Village area is the $2.07 price per square foot Tartan Model at Lochner in the in the Ledgestone neighborhood starting from $2,870. The second greatest value Lakewood Village apartment is the 3 Bedroom 2 Bathroom Model at Vista Point starting at $2,482 with a $1.85 price per square foot in the Ledgestone neighborhood. Here is today’s list of the best values for Lakewood Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
LochnerTartan3BR,2BA$2.07
Vista Point3 Bedroom 2 Bathroom3BR,2BA$1.85
Lakewood Place ApartmentsMaple - Two Bedroom-Two Bath2BR,2BA$1.74
The Sentinel ResidenceC22BR,2BA$1.98
Lakewood Hills Apartments2/2 B2BR,2BA$1.69
Bellaire EstatesRenovated Large 2 Bedroom2BR,1BA$1.49
Cedrics Landing1 Bedroom 1 Bathroom1BR,1BA$1.70
Mahtomedi FlatsThe Dahila1BR,1BA$2.18
Conifer Ridge ApartmentsOne bedroom/One bathroom1BR,1BA$2.21
Trails Edge of MaplewoodStudioStudio ,1BA$2.58

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Pet Friendly Lifestyle
Lakewood Village, Minneapolis, MN

Ranked #187

Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Lakewood Village Apartments

What is the Cheapest Studio apartment in Lakewood Village?

Currently the most affordable Cheap Studio Apartment in Lakewood Village is at The Barnum listed at $1,300.

How much is rent for a Cheap One Bedroom Lakewood Village Apartment?

The lowest price for a Cheap One Bedroom Lakewood Village Apartment is $1,415 at Cedrics Landing.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lakewood Village is starting from $1,299 at Bellaire Estates.

What is the most affordable Lakewood Village Three Bedroom Apartment?

The best deal on a cheap Lakewood Village Three Bedroom Apartment rental is at Vista Point and starts from $2,482.

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.

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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.