Lago Apartments

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500 W Lake St, Minneapolis, MN 55408
(763) 363-4045
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Lago Apartments

500 W Lake St
Minneapolis, MN 55408
(763) 363-4045
Lago Apartments in Minneapolis, MN - Building Photo
  • Studio–2 Bedrooms
  • $1,375-$1,770Pricing
  • 393–858Square Feet

Rent Specials

1 month free~~1 month free. Select apartments, conditions apply. Please call for details.

Ask Us About Our Specials

About Lago Apartments

Set in a prime location, the Lago is surrounded by multiple vibrant and colorful neighborhoods. Explore local boutiques and shops in trendy Uptown; go on a dumpling crawl and taste your way through Whittiers ethnically-diverse Eat Street; or, get together with friends for an unforgettable night at LynLakes famous Bryant Lake Bowl.

Lago Apartments is located in the East Lyn Lake Neighborhood and 55408 Zip code of Minneapolis, MN. This community is professionally managed by Halverson and Blaiser Group, LTD

Unique Features and Amenities

  • Amazing Location
  • Blackout Roller Shades
  • Central Heating and Cooling
  • Club Lago Rewards
  • Coffee Station
  • Dog Treat Bar
  • Extra Storage
  • green roof
  • Lago Arts Cooperative
  • Large Closets
  • LED Lighting
  • LVT White Oak Flooring
  • Midtown Greenway Bike Trail
  • Patio/Balcony/Terrace
  • Pet Friendly Apts - No Restrictions!
  • Pet Spa and Pet Run
  • Spanish Speaking Staff
  • Stylish Kitchens and baths
  • Transit Screen
  • View
  • Visitor Bike Parking
  • Washer/Dryer in Unit
  • Wheels Bike Lounge
  • Wifi Thermostats

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

Lago Apartments offers Studio to 2 Bedroom apartments starting from $1,375 and having 393–858 sq ft. Here is the current pricing and availability:

  • Studio

    The Harriet (Studio)

    $1,375

    Studio, 1 Bath, 393 sq ft
    Available Sep 15

    Availability Details

    PriceAvailability DateUnitSq FtPhotosView Details
    $1,375 September 15, 2025429393
    $1,375 November 10, 2025727393

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Granite Countertops
    • Kitchen
    • Quartz Countertops
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price

    • $1,375

    Unit 429 Rent and Fees

    Unit Price

    • $1,375

    Model Rent and Fees

    Price

    • $1,375

    Unit 727 Rent and Fees

    Unit Price

    • $1,375

    Model Rent and Fees

    Price

    • $1,375
  • 1 Bedroom

    The Garfield (1 Bedroom Alcove)

    From $1,423

    1 Bed, 1 Bath, 488 sq ft
    Available Sep 8

    Availability Details

    PriceAvailability DateUnitSq FtPhotosFloorplanView Details
    $1,470 September 8, 2025316488
    $1,423 October 8, 2025716488
    $1,470 November 5, 2025514488

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Granite Countertops
    • Kitchen
    • Quartz Countertops
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,423 - $1,470

    Unit 316 Rent and Fees

    Unit Price

    • $1,470

    Model Rent and Fees

    Model Price Range

    • $1,423 - $1,470

    Unit 716 Rent and Fees

    Unit Price

    • $1,423

    Model Rent and Fees

    Model Price Range

    • $1,423 - $1,470

    Unit 514 Rent and Fees

    Unit Price

    • $1,470

    Model Rent and Fees

    Model Price Range

    • $1,423 - $1,470

    The Whittier (1 Bedroom)

    From $1,399

    1 Bed, 1 Bath, 507-654 sq ft
    Available Sep 8

    Availability Details

    PriceAvailability DateUnitSq FtPhotosView Details
    $1,470 September 8, 2025317654
    $1,470 September 8, 2025328507
    $1,399 October 8, 2025224507

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Granite Countertops
    • Kitchen
    • Quartz Countertops
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,399 - $1,550

    Current Available Pricing

    • $1,399 - $1,470

    Unit 317 Rent and Fees

    Unit Price

    • $1,470

    Model Rent and Fees

    Model Price Range

    • $1,399 - $1,550

    Unit 328 Rent and Fees

    Unit Price

    • $1,470

    Model Rent and Fees

    Model Price Range

    • $1,399 - $1,550

    Unit 224 Rent and Fees

    Unit Price

    • $1,399

    Model Rent and Fees

    Model Price Range

    • $1,399 - $1,550
  • 2 Bedrooms

    The Lyn-Lake (2 Bedroom)

    $1,770

    2 Beds, 1 Bath, 785-858 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtPhotosView Details
    $1,770Available Now310858
    $1,770 November 10, 2025201785

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Granite Countertops
    • Kitchen
    • Quartz Countertops
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price

    • $1,770

    Unit 310 Rent and Fees

    Unit Price

    • $1,770

    Model Rent and Fees

    Price

    • $1,770

    Unit 201 Rent and Fees

    Unit Price

    • $1,770

    Model Rent and Fees

    Price

    • $1,770
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (763) 363-4045 to schedule a tour.

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Property Information

Lease Terms

  • 12 - 24 mo

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Other Fees

Personal Add-Ons

Application Fee Per Applicant$50

Parking Info and Fees

Other
Garage Parking
  • Assigned Parking
  • Features and Amenities

    On-Site Services

    • Maintenance On Site
    • Package Service
    • Pet Washing Station
    • Property Manager On Site
    • Car Charging Station
    • Pet Play Area
    • Renters Insurance Program
    • Community Wide Wi Fi
    • Public Transportation
    • 24 Hour Access
    • Key Fob Entry
    • Garden

    Community Features

    • Multi Use Room
    • Lounge
    • Business Center
    • Elevator

    Outdoor Features

    • Grill
    • Roof Terrace
    • Sundeck
    • Patio

    Recreation and Fitness

    • Fitness Center
    • Spa
    • Walking/Biking Trails
    • Bicycle Storage

    Interior Features

    • Balcony
    • Storage Space
    • Ceiling Fans
    • High Speed Internet Access
    • Sprinkler System
    • Heating
    • Washer/Dryer
    • Air Conditioning
    • Wi Fi
    • Smoke Free

    Kitchen Amenities

    • Disposal
    • Stainless Steel Appliances
    • Dishwasher
    • Quartz Countertops
    • Kitchen
    • Granite Countertops

    Living Area Features

    • Walk In Closets
    • Recreation Room
    • Carpet
    • Views
    • Large Bedrooms
    • Hardwood Floors

    Student Features

    • Study Lounge

    Unique Amenities

    • Garage Available
    Google Map

    Map

    500 W Lake St, Minneapolis, MN 55408

    Hours and Contact Info

    Call Us - Open Now!
    Currently Closed
    By Appointment
    Monday9:00 am–5:00 pm
    Tuesday9:00 am–5:00 pm
    Wednesday9:00 am–5:00 pm
    Thursday9:00 am–5:00 pm
    Friday9:00 am–5:00 pm
    SaturdayClosed
    SundayClosed

    Getting Around

    Walk Score®

    96 / 100

    Walker’s Paradise

    Daily errands do not require a car

    Bike Score®

    98 / 100

    Biker's Paradise

    Daily errands can be accomplished on a bike

    Transit Score®

    60 / 100

    Good Transit

    Many nearby public transportation options

    Frequently Asked Questions about Lago Apartments

    Where is Lago Apartments located?

    Lago Apartments is located at 500 W Lake St near the East Lyn Lake area of Minneapolis, MN

    What is the current rent range at Lago Apartments?

    Studio to 2 Bedroom Apartments at Lago Apartments currently range from $1,375 to $1,770

    When is the leasing office open?

    • The office Hours for Lago Apartments are
    • Monday 9:00 am–5:00 pm
    • Tuesday 9:00 am–5:00 pm
    • Wednesday 9:00 am–5:00 pm
    • Thursday 9:00 am–5:00 pm
    • Friday 9:00 am–5:00 pm
    • Saturday Closed
    • Sunday Closed

    Are pets allowed?

    Call us today to find out our pet policy and if we allow pets

    Are there any rent specials?

    The current rent special at Lago Apartments is: 1 month free~~1 month free. Select apartments, conditions apply. Please call for details..

    Lifestyle Ratings

    • Affordability Nice Value3.2

      The Lago Apartments Apartments are 6.57% cheaper than the average apartment in the East Lyn Lake area, and 5.93% cheaper than the average apartment city-wide.

      Rent Comparison to the East Lyn Lake Neighborhood

      FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
      Studio$1,375$1,134+$24121.3%
      1 Bedroom$1,399$1,532-$133-8.7%
      2 Bedroom$1,770$2,616-$846-32.3%

      Rent Comparison to the city of Minneapolis

      FloorplanLowest Price HereCity Average RentCost Difference%
      Studio$1,375$1,268+$1078.4%
      1 Bedroom$1,399$1,530-$131-8.6%
      2 Bedroom$1,770$2,149-$379-17.6%

      Methodology: On 09/03/2025, ApartmentHomeLiving.com compared current rents by floorplan to 1652 other apartment communities in the immediate area around Lago Apartments (East Lyn Lake), and 4996 other apartment communities in Minneapolis using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

      Rent Pricing Data as of 09/03/2025

    • Active Lifestyle 3.2

      From fitness centers to pools to putting greens, Active Lifestyle apartments feature local listings with the most amenities that support an always active lifestyle.

      Rating Factors

      This 3.2-star Active Lifestyle rating is based on the following features:

      • Walking/Biking Trails
      • Bicycle Storage
      • Fitness Center
      • Pet Play Area
      • Pet Washing Station
      • Garden Style
      • Whirlpool/Spa/Sauna
      • Storage Spaces
      • Patios
    • Pet Friendly 3.0

      Top Pet Friendly apartments have specified that they accept pets and feature a number pet friendly amenities for renters with furry friends.

      Rating Factors

      This 3.0-star Pet Friendly rating is based on the following features:

      • Hardwood Floors
      • Pet Play Area
      • Elevator(s)
      • Balconies
      • Pet Washing Station
      • Heating
      • Air Conditioning
      • Patios
      • Walking/Biking Trails
    • Family Friendly 3.4

      Family Friendly apartments feature the best community amenities for larger families like larger floorplans, playgrounds and day care options.

      Rating Factors

      This 3.4-star Family Friendly rating is based on the following features:

      • Community-Wide WiFi
      • Fitness Center
      • Walking/Biking Trails
      • Smoke Free Options
      • Hardwood Floors
      • Washer/Dryer In Unit
      • Maintenance on site
      • Package Service
      • Pet Washing Station
      • Pet Play Area
      • Key Fob Entry
      • Garden Style
      • Multi-Use Room
      • Elevator(s)
      • Roof Terrace
      • Bicycle Storage
      • High Speed Internet Access
      • Dishwashers
      • Large Bedrooms
      • Patios
      • Property Manager on Site
      • Renters Insurance Programs
      • Public Transportation
      • 24 Hour Access
      • Lounge
      • Grill(s)
      • Sundeck(s)
      • Whirlpool/Spa/Sauna
      • Balconies
      • Storage Spaces
      • Ceiling Fans
      • Sprinkler System
      • Heating
      • Air Conditioning
      • Hi Speed Internet/Wi-Fi
      • Disposals
      • Kitchens
      • Granite Countertops
      • Recreation Room(s)
      • Views
      See more
      See less
    • Transit Friendly 4.0

      Transit Friendly apartments feature a fantastic location and great access to local mass transit.

    • Outdoors 3.8

      The Outdoors rating shows the apartment listings on ApartmentHomeLiving.com with the top amenities and features for renters who love the outdoor lifestyle.

      Rating Factors

      This 3.8-star Outdoors rating is based on the following features:

      • Walking/Biking Trails
      • Garden Style
      • Balconies
      • Patios
      • Pet Play Area
      • Roof Terrace
      • Bicycle Storage
      • Storage Spaces
      • Pet Washing Station
      • Grill(s)
      • Sundeck(s)
      • Whirlpool/Spa/Sauna
      See more
      See less
    • Eco-Friendly 3.0

      The Eco-Friendly Lifestyle score highlights how amenities and features at top local communities may support environmentally friendly, clean, and energy efficient living.

      Rating Factors

      This 3.0-star Eco-Friendly rating is based on the following features:

      • Car Charging Station(s)
      • Smoke Free Options
      • Garden Style
      • Public Transportation
      • Patios
    • Student Living 3.2

      Rentals that are highly rated for the Student Living Lifestyle rating have top features and amenities that benefit students and others who enjoy living the student lifestyle.

      Rating Factors

      This 3.2-star Student Living rating is based on the following features:

      • Community-Wide WiFi
      • Hi Speed Internet/Wi-Fi
      • Study Lounge
      • Package Service
      • Washer/Dryer In Unit
      • Property Manager on Site
      • Public Transportation
      • 24 Hour Access
      • Multi-Use Room
      • Elevator(s)
      • Roof Terrace
      • Sundeck(s)
      • Fitness Center
      • Bicycle Storage
      • Storage Spaces
      • Smoke Free Options
      • Recreation Room(s)
      • Views
      • Maintenance on site
      • Pet Washing Station
      • Pet Play Area
      • Renters Insurance Programs
      • Key Fob Entry
      • Garden Style
      • Lounge
      • Grill(s)
      • Whirlpool/Spa/Sauna
      • Walking/Biking Trails
      • Balconies
      • High Speed Internet Access
      • Heating
      • Air Conditioning
      • Disposals
      • Stainless Steel Appliances
      • Dishwashers
      • Kitchens
      • Granite Countertops
      • Large Bedrooms
      • Patios
      • Ceiling Fans
      See more
      See less
    Learn more about Lifestyle Search

    Renters Reviews and Ratings

    4.0
    1 Renters Reviews
    ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

    Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
    • Great work out room

      November 29, 2022
      I love it here, I cancelled my gym membership because they have everything in the fitness center.
      Review from Apartments.com

    Nearby Schools

    Whittier International

    Minneapolis Public School Dist.
    315 WEST 26TH ST
    Public School - Grades PK-5 (361 Students)
    In Attendance Zone3 minute drive / 1.0 miles away
    2/10

    South Senior High

    Minneapolis Public School Dist.
    3131 19th Avenue South
    Public School - Grades 9-12 (1466 Students)
    In Attendance Zone5 minute drive / 1.7 miles away
    6/10

    Andersen Community

    Minneapolis Public School Dist.
    1098 Andersen Lane
    Public School - Grades PK-8 (747 Students)
    In Attendance Zone2 minute drive / 0.8 miles away
    School data provided by GreatSchools.
    details
    The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

    About GreatSchools Data on ApartmentHomeLiving.com.

    Points of Interest

    Time and distance from Lago Apartments.

    Arts Museums and Landmarks

    Lake Harriet

    Lake Harriet
    2 minute drive / 0.77 miles away

    Target Field

    900 South 5th Street
    3 minute drive / 1.04 miles away

    Foshay Tower

    821 Marquette Avenue South
    3 minute drive / 1.04 miles away

    Big Box and Retail

    Aldi

    1311 E Franklin Ave
    2 minute drive / 0.74 miles away

    Autozone

    2940 Clinton Ave
    2 minute drive / 0.79 miles away

    Target

    1650 New Brighton Blvd
    7 minute drive / 3.71 miles away

    Colleges and Universities

    North Central University

    910 Elliot Avenue
    2 minute drive / 0.7 miles away

    University of St. Thomas - Minneapolis Campus

    1000 Lasalle Ave
    3 minute drive / 1.04 miles away

    Minneapolis Community and Technical College

    1501 Hennipen Avenue
    3 minute drive / 1.09 miles away

    Groceries

    Aldi

    1311 E Franklin Ave
    2 minute drive / 0.74 miles away

    Cub Foods

    2850 S 26th Ave
    5 minute drive / 1.77 miles away

    Lunds & Byerlys

    3945 W 50th St
    9 minute drive / 4.48 miles away

    Hospitals

    Children's Hospitals & Clinics Of Minnesota

    2525 Chicago Avenue South
    1 minute drive / 0.45 miles away

    Abbott Northwestern Hospital

    800 East 28th Street
    2 minute drive / 0.67 miles away

    Hennepin County Medical Center

    701 Park Avenue
    2 minute drive / 0.96 miles away

    Military Bases

    Fort Snelling Military Reservation

    12 minute drive / 5.62 miles away

    Parks and Recreation

    Loring Park

    1382 Willow St.
    2 minute drive / 0.87 miles away

    Powderhorn Park

    3400 15th Ave. S
    4 minute drive / 1.52 miles away

    Lake of the Isles

    2500 Lake Isles Pkwy. E
    4 minute drive / 1.61 miles away

    Lago Apartments has 5 parks within 2.8 miles, including Loring Park, Powderhorn Park, Lake of the Isles, Cedar Lake, and The Grand Rounds.

    Shopping Centers

    Chicago Crossing

    1910-1930 Chicago Ave
    1 minute drive / 0.4 miles away

    Village Center

    1804-1816 Nicollet Ave
    1 minute drive / 0.53 miles away

    Franklin Circle Shopping Center

    1213-1235 E Frankin Ave
    2 minute drive / 0.67 miles away

    Lago Apartments has 5 shopping centers within 1.2 miles.

    Transit Stations

    Franklin Avenue Station-Hiawatha Line

    1883 E Franklin Ave
    3 minute drive / 1.14 miles away

    Government Plaza Station-Hiawatha Line

    356 S 5th St
    3 minute drive / 1.18 miles away

    Nicollet Mall Station-Hiawatha Line

    75 S 5th St
    3 minute drive / 1.28 miles away

    Nearby Neighborhoods

    Studio to 3 Bedroom Apartments from $725
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    Studio to 4 Bedroom Apartments from $653
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    Studio to 5 Bedroom Apartments from $653
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    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Minneapolis Studio Apartments $1,268$640$3,560
    Minneapolis 1 Bedroom Apartments $1,530$500$6,050
    Minneapolis 2 Bedroom Apartments $2,149$479$10,000+
    Minneapolis 3 Bedroom Apartments $2,493$495$10,000+
    Minneapolis 4 Bedroom Apartments $2,581$495$10,000+
    Minneapolis 5 Bedroom Apartments $3,420$2,029$7,560

    Browse Top Apartments in Minneapolis

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    Viewing: Lago Apartments | Desktop Version | Listing Updated: 09/03/2025 | AHLDIA