close
View Me
from $1,280Studio to 2 Bedroom Apartments Available Jun 7
Cedrics Landing
5680 Hadley Ave NOakdale, MN 55128
Cheap Apartments for Rent in the Lakewood Village Neighborhood of Minneapolis, MN from $500 (11 Rentals)
Cheap Apartments in the Lakewood Village area of Minneapolis.
close
View Me
from $1,2041 to 2 Bedroom Apartments Available Now
Bellaire Estates
4020-4040 Bellaire AveWhite Bear Lake, MN 55110
close
View Me
from $1,235Studio to 2 Bedroom Apartments Available May 16
The Sentinel Residence
2526 7th Ave ENorth St. Paul, MN 55109
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.
3637 Bellaire Ave
White Bear LakeMN55110
close
View Me
Rent Specials
from $1,335Studio to 3 Bedroom Apartments Available Now
The Espen Residences
3998 Hayward Ave NOakdale, MN 55128
close
View Me
from $1,350Studio to 2 Bedroom Apartments Available Jun 7
Conifer Ridge Apartments
3090 Hazelwood StMaplewood, MN 55109
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.
close
View Me
from $1,3751 to 2 Bedroom Apartments Available Now
White Bear Royal
3675 Highland AveWhite Bear Lake, MN 55110
close
View Me
Rent Specials
from $1,375Studio to 3 Bedroom Apartments Available Aug 29
Oberon
1160 Frost AveSt. Paul, MN 55109
close
View Me
from $1,3801 to 2 Bedroom Apartments Available Jul 21
Lakewood Hills Apartments
3185 Karth RdWhite Bear Lake, MN 55110
Lakewood Village - One of the Best Affordable Neighborhoods in Minneapolis
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!
close
View Me
close
View Me
Showing Results 1-11, Page 1 of 1
Lakewood Village, Minneapolis, MN Local Guide
Target Field
in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent an apartment in Lakewood Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood Village Studio Apartments | $1,487 | $1,235 | $1,875 |
| Lakewood Village 1 Bedroom Apartments | $1,823 | $1,204 | $2,487 |
| Lakewood Village 2 Bedroom Apartments | $2,258 | $1,300 | $3,000 |
| Lakewood Village 3 Bedroom Apartments | $2,864 | $1,963 | $3,336 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Lakewood Village Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Lakewood Village, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lakewood Village Apartments for Rent
The cheapest available apartment rental in the Lakewood Village area of Minneapolis, MN is a 1 Bed unit found at Bellaire Estates priced from $1,304. The Espen Residences has the second lowest priced unit, which is a Studio apartment currently listed from $1,335. Here are the most affordable Lakewood Village apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bellaire Estates | Renovated 1 Bedroom 1 Bath | 1BR,1BA | $1,304 |
| The Espen Residences | Cypress | Studio,1BA | $1,335 |
| Trails Edge of Maplewood | Studio | Studio,1BA | $1,470 |
| White Bear Royal | 2X1 940 | 2BR,1BA | $1,550 |
| Frost English Silver 55+ | Tamarack | 2BR,1BA | $1,644 |
Best Value Apartments for Rent in Lakewood Village, MN
As of May 02, 2025 the best value apartment in the Lakewood Village area is the $1.46 price per square foot 3 Bedroom 2 Bathroom Model at Vista Point in the in the Ledgestone neighborhood starting from $1,963. The second greatest value Lakewood Village apartment is the Maple - Two Bedroom-Two Bath Model at Lakewood Place Apartments starting at $1,940 with a $1.74 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Vista Point | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.46 |
| Lakewood Place Apartments | Maple - Two Bedroom-Two Bath | 2BR,2BA | $1.74 |
| White Bear Royal | 2X1 940 | 2BR,1BA | $1.65 |
| Frost English Silver 55+ | Tamarack | 2BR,1BA | $1.83 |
| Bellaire Estates | Renovated 1 Bedroom 1 Bath | 1BR,1BA | $1.82 |
| Trails Edge of Maplewood | Studio | Studio ,1BA | $2.58 |
| The Espen Residences | Cypress | Studio ,1BA | $2.78 |
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.
Let everyone know!
Do you know the Lakewood Village area?
If you’re an expert on all things Lakewood Village, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleLakewood Village, Minneapolis, MN
Ranked #200
Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 Espen Residences listed at $1,335.
How much is rent for a Cheap One Bedroom Lakewood Village Apartment?
The lowest price for a Cheap One Bedroom Lakewood Village Apartment is $1,304 at Bellaire Estates.
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 $1,327 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 $1,963.
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.
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.
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.
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.