Lago Apartments

Verified
This is a CoStar Verified® Listing

Lago Apartments in Minneapolis, MN is verified by CoStar’s® proprietary screening and fraud detection process, so you can shop and rent with confidence on ApartmentHomeLiving.com. Always protect yourself when shopping online.

500 W Lake St, Minneapolis, MN 55408
(763) 363-4045
Check Availability

Photos

Contact

Lago Apartments

500 W Lake St
Minneapolis, MN 55408
(763) 363-4045
Lago Apartments in Minneapolis, MN - Building Photo
  • Studio–2 Bedrooms
  • $1,346-$1,890Plus Fees
  • 392–785Square Feet

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 $1,346 and having 392–785 sq ft. Here is the current pricing and availability:

  • Studio

    The Harriet (Studio)

    $1,375

    Studio, 1 Bath, 392-393 sq ft
    Plus Fees
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtPhotosView Details
    $1,375Available Now429393
    $1,375 November 10, 2025203392
    $1,375 December 5, 2025503392

    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 Lease Information

    Model Price

    • $1,375

    Unit 429 Lease Information

    Unit Price

    • $1,375

    Model Rent and Fees

    Price

    • $1,375

    Unit 203 Lease Information

    Unit Price

    • $1,375

    Model Rent and Fees

    Price

    • $1,375

    Unit 503 Lease Information

    Unit Price

    • $1,375

    Model Rent and Fees

    Price

    • $1,375
  • 1 Bedroom

    The Whittier (1 Bedroom)

    From $1,346

    1 Bed, 1 Bath, 507-654 sq ft
    Plus Fees
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtPhotosView Details
    $1,450Available Now317654
    $1,399 November 10, 2025224507
    $1,470 November 10, 2025326539

    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 Lease Information

    Model Price Range

    • $1,346 - $1,585

    Current Available Pricing

    • $1,399 - $1,470

    Unit 317 Lease Information

    Unit Price

    • $1,450

    Model Rent and Fees

    Model Price Range

    • $1,346 - $1,585

    Unit 224 Lease Information

    Unit Price

    • $1,399

    Model Rent and Fees

    Model Price Range

    • $1,346 - $1,585

    Unit 326 Lease Information

    Unit Price

    • $1,470

    Model Rent and Fees

    Model Price Range

    • $1,346 - $1,585

    The Garfield (1 Bedroom Alcove)

    From $1,423

    1 Bed, 1 Bath, 488 sq ft
    Plus Fees
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtPhotosFloorplanView Details
    $1,470Available Now316488
    $1,423Available Now716488
    $1,470 November 10, 2025218488

    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 Lease Information

    Model Price Range

    • $1,423 - $1,470

    Unit 316 Lease Information

    Unit Price

    • $1,470

    Model Rent and Fees

    Model Price Range

    • $1,423 - $1,470

    Unit 716 Lease Information

    Unit Price

    • $1,423

    Model Rent and Fees

    Model Price Range

    • $1,423 - $1,470

    Unit 218 Lease Information

    Unit Price

    • $1,470

    Model Rent and Fees

    Model Price Range

    • $1,423 - $1,470
  • 2 Bedrooms

    The Lyn-Lake (2 Bedroom)

    From $1,770

    2 Beds, 1 Bath, 785 sq ft
    Plus Fees
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtPhotosView Details
    $1,770Available Now201785
    $1,885 December 8, 2025431785
    $1,890 January 5, 2026501785

    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 Lease Information

    Model Price Range

    • $1,770 - $1,890

    Unit 201 Lease Information

    Unit Price

    • $1,770

    Model Rent and Fees

    Model Price Range

    • $1,770 - $1,890

    Unit 431 Lease Information

    Unit Price

    • $1,885

    Model Rent and Fees

    Model Price Range

    • $1,770 - $1,890

    Unit 501 Lease Information

    Unit Price

    • $1,890

    Model Rent and Fees

    Model Price Range

    • $1,770 - $1,890
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.

Videos

Matterport 3D Tours

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.

Required Fees

One-Time Move-In Fees

Due at Application
Application Fee Per Applicant$50
Due at Move-In
Deposit0.00

Other Fees

Pet Fees

Dog

Monthly Pet Fee$40/mo
Dog Deposit$200
Dog Fee$200
Dog Rent$40/mo
One-Time Pet Fee$200
Pet Deposit$200

Cat

One-Time Pet Fee$200
Monthly Pet Fee$25/mo
Cat Deposit$200
Cat Fee$200
Cat Rent$25/mo
Pet Deposit$200

Dogs

  • 2 Pet Limit
Restrictions:

| Restrictions: None

Cats

  • 2 Pet Limit
Restrictions:

| Restrictions: None

Parking Info and Fees

Garage Parking
  • Assigned Parking
Other

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 $1,346 to $1,890

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

Lifestyle Ratings

  • Affordability Nice Value3.4

    The Lago Apartments Apartments are 8.13% cheaper than the average apartment in the East Lyn Lake area, and 8.47% 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$1,152+$22319.4%
    1 Bedroom$1,346$1,539-$193-12.5%
    2 Bedroom$1,770$2,578-$808-31.3%

    Rent Comparison to the city of Minneapolis

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$1,375$1,290+$856.6%
    1 Bedroom$1,346$1,556-$210-13.5%
    2 Bedroom$1,770$2,171-$401-18.5%

    Methodology: On 10/18/2025, ApartmentHomeLiving.com compared current rents by floorplan to 2484 other apartment communities in the immediate area around Lago Apartments (East Lyn Lake), and 7225 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 10/18/2025

  • 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 3.4

    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 3.4-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 3.2

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

    Rating Factors

    This 3.2-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 4 Bedroom Apartments from $725
View Rentals
Studio to 4 Bedroom Apartments from $653
View Rentals
Studio to 4 Bedroom Apartments from $653
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Minneapolis Studio Apartments $1,290$640$2,552
Minneapolis 1 Bedroom Apartments $1,556$500$6,500
Minneapolis 2 Bedroom Apartments $2,171$469$10,000+
Minneapolis 3 Bedroom Apartments $2,376$495$10,000+
Minneapolis 4 Bedroom Apartments $1,946$479$8,369
Minneapolis 5 Bedroom Apartments $3,598$1,995$6,697
Minneapolis 6 Bedroom Apartments $4,043$850$4,800

Browse Top Apartments in Minneapolis

Viewing: Lago Apartments | Desktop Version | Listing Updated: 10/18/2025 | AHLDIA