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Lakefield Apartments
550 W Lake St
Minneapolis, MN 55408
Minneapolis, MN 55408
- Studio–4 Bedrooms
- 392–1,293 Square Feet
About Lakefield Apartments
Lakefield Apartments is a brand-new affordable living community in the heart of Lyn-Lake/Uptown, thoughtfully designed for households of all sizes. With spacious apartments and amenities that emphasize comfort and convenience, Lakefield offers an ideal home for larger households. At Lakefield, there is room to grow and enjoy a vibrant community atmosphere, making it the perfect place to thrive.
Lakefield Apartments is located in the East Lyn Lake Neighborhood and 55408 Zip code of Minneapolis, MN.
Unique Features and Amenities
- 24-hour maintenance
- Bike Racks and Storage
- Black Whirlpool Appliances
- Central Heating + Air Conditioning
- Ceramic Tiled Bathrooms
- Community Room
- Flex Pay
- Free Common Area WiFi
- LED Lighting
- LVP Flooring
- Maple Cabinets
- Online maintenance portal
- Online Rent Payment
- Patio/Balcony
- Vending Machines
- View
Property Contact Info
This property currently does not have availability listed on ApartmentHomeLiving.com. Sign up to get notified when it becomes available.
Office Hours
| 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 |
Floorplan Pricing and Availability
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ApartmentHomeLiving.com's new Interactive Property Map allows you to see where every available unit is located at this community.Try It Now >Studio
Show Unavailable FloorplansStudio (Tier 2)
Studio, 1 Bath, 419-421 sq ftAvailable Aug 8Model Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft View Details August 8, 2026 403 419 September 5, 2026 303 419 September 5, 2026 604 421 Apartment Model: Studio (Tier 2)Studio, 1 Bath, 419-421 sq ftAvailable August 8, 2026![]()
Studio (Tier 2) - Floorplan Apartment Unit: 403Apartment Model: Studio (Tier 2)Studio, 1 Bath, 419 sq ftAvailable August 8, 2026Apartment Unit: 303Apartment Model: Studio (Tier 2)Studio, 1 Bath, 419 sq ftAvailable September 5, 2026Apartment Unit: 604Apartment Model: Studio (Tier 2)Studio, 1 Bath, 421 sq ftAvailable September 5, 2026Studio (Tier 1)
Studio, 1 Bath, 392 sq ftAvailability Details
Availability Date Unit Sq Ft Unavailable Studio (Tier 1) 392 sq ft 2 Bedrooms
2 Bedroom (Tier 3)
2 Beds, 1 Bath, 733-734 sq ftAvailable Aug 5Model Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft View Details August 5, 2026 608 733 August 8, 2026 615 734 Apartment Model: 2 Bedroom (Tier 3)2 Bedroom, 1 Bath, 733-734 sq ftAvailable August 5, 2026![]()
2 Bedroom (Tier 3) - Floorplan Apartment Unit: 608Apartment Model: 2 Bedroom (Tier 3)2 Bedroom, 1 Bath, 733 sq ftAvailable August 5, 2026Apartment Unit: 615Apartment Model: 2 Bedroom (Tier 3)2 Bedroom, 1 Bath, 734 sq ftAvailable August 8, 20262 Bedroom (Tier 2)
2 Beds, 1 Bath, 727 sq ftAvailable Sep 5Model Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft September 5, 2026 110 727 Apartment Model: 2 Bedroom (Tier 2)2 Bedroom, 1 Bath, 727 sq ftAvailable September 5, 2026![]()
2 Bedroom (Tier 2) - Floorplan Apartment Unit: 110Apartment Model: 2 Bedroom (Tier 2)2 Bedroom, 1 Bath, 727 sq ftAvailable September 5, 20263 Bedrooms
Show Unavailable Floorplans3 Bedroom (Tier 3)
3 Beds, 2 Baths, 1122-1136 sq ftAvailable Sep 5Largest 3 BedroomThis is the largest 3 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft View Details September 5, 2026 500 1122 September 5, 2026 513 1136 Apartment Model: 3 Bedroom (Tier 3)3 Bedroom, 2 Bath, 1122-1136 sq ftAvailable September 5, 2026![]()
3 Bedroom (Tier 3) - Floorplan Apartment Unit: 500Apartment Model: 3 Bedroom (Tier 3)3 Bedroom, 2 Bath, 1122 sq ftAvailable September 5, 2026Apartment Unit: 513Apartment Model: 3 Bedroom (Tier 3)3 Bedroom, 2 Bath, 1136 sq ftAvailable September 5, 20263 Bedroom (Tier 2)
3 Beds, 2 Baths, 1056 sq ftAvailability Details
Availability Date Unit Sq Ft Unavailable 3 Bedroom (Tier 2) 1056 sq ft 3 Bedroom (Tier 1)
3 Beds, 2 Baths, 1118 sq ftAvailability Details
Availability Date Unit Sq Ft Unavailable 3 Bedroom (Tier 1) 1118 sq ft 4 Bedrooms
4 Bedroom (Tier 3)
4 Beds, 2 Baths, 1232 sq ftAvailable Sep 5Model Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft September 5, 2026 517 1232 Apartment Model: 4 Bedroom (Tier 3)4 Bedroom, 2 Bath, 1232 sq ftAvailable September 5, 2026![]()
4 Bedroom (Tier 3) - Floorplan Apartment Unit: 517Apartment Model: 4 Bedroom (Tier 3)4 Bedroom, 2 Bath, 1232 sq ftAvailable September 5, 20264 Bedroom (Tier 1)
4 Beds, 2 Baths, 1293 sq ftAvailable Sep 5Model Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft September 5, 2026 301 1293 Apartment Model: 4 Bedroom (Tier 1)4 Bedroom, 2 Bath, 1293 sq ftAvailable September 5, 2026![]()
4 Bedroom (Tier 1) - Floorplan Apartment Unit: 301Apartment Model: 4 Bedroom (Tier 1)4 Bedroom, 2 Bath, 1293 sq ftAvailable September 5, 2026
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
Property Information
- 7 Stories
- Built in 2025
- 110 Units
Lease Terms
- 10 - 14 mo
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.
Required Fees
One-Time Basics
- Due at Application
- Security Deposit - RefundableiCharged per unit.$500.00
- Application Fee Per ApplicantiCharged per applicant.$50.00
Utilities
- Utility - SeweriCharged per unit.Varies/mo
- Utility - WateriCharged per unit.Included in Rent/mo
- High Speed Internet AccessiCharged Per Unit. Payable to Third Party.Varies/mo
- CableiCharged Per Unit. Payable to Third Party.Varies/mo
- Utility - ElectriciCharged Per Unit. Payable to Third Party.Varies/mo
- Utility- HeatiCharged per unit.Included in Rent/mo
- Utility- TrashiCharged per unit.Varies/mo
Other Fees and Policies
Pet Fees
- Cat
- Cat DepositiMax of 2. Charged Per Pet.$500.00
- Dog
- Dog DepositiMax of 2. Charged Per Pet.$500.00
Restrictions:
None
Restrictions:
Pit Bull, Doberman, Wolf Hybrid, Chow, Rottweiler, American Pit Bull/Bull Terrier, Akita, American Staffordshire Terrier
Comments:
Max of 2. | Restrictions: Pit Bull, Doberman, Wolf Hybrid, Chow, Rottweiler, American Pit Bull/Bull Terrier, Akita, American Staffordshire Terrier.
Parking Fees
- Garage
- Parking FeeiCharged Per Vehicle.$150-$200/mo
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
Living Area Features
- Walk In Closets
Income Restrictions At Lakefield Apartments
Income restrictions apply to some or all residents. Contact the community for more information.
| # Persons | 80% Income Limit | 50% Income Limit |
|---|---|---|
| 1 | $74,160 | $46,350 |
| 2 | $84,800 | $53,000 |
| 3 | $95,360 | $59,600 |
| 4 | $105,920 | $66,200 |
| 5 | $114,400 | $71,500 |
| 6 | $122,880 | $76,800 |
To qualify, you must be equal to or below those in the chart, based on the number of persons living in the dwelling.
Map
550 W Lake St, Minneapolis, MN 55408
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Transportation
- Nearby Properties
Map
Nearby Schools
Andersen Community
Minneapolis Public School Dist.
1098 Andersen Lane
Public School - Grades PK-8 (747 Students)
In Attendance Zone4 minute drive / 1.4 miles away
Whittier International
Minneapolis Public School Dist.
315 West 26th Street
Public School - Grades PK-5 (491 Students)
In Attendance Zone1 minute drive / 0.4 miles away
South Senior High
Minneapolis Public School Dist.
3131 19th Avenue South
Public School - Grades 9-12 (1466 Students)
In Attendance Zone4 minute drive / 2.1 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.
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Lakefield Apartments.
Arts Museums and Landmarks
Big Box and Retail
Aldi
1311 E Franklin Ave
5 minute drive / 1.9 miles away
Target
3601 Highway 100 S
6 minute drive / 2.91 miles away
Walgreens
5428 Lyndale Ave S
6 minute drive / 3.18 miles away
Colleges and Universities
Groceries
Aldi
1311 E Franklin Ave
5 minute drive / 1.9 miles away
Cub Foods
2850 S 26th Ave
5 minute drive / 2.66 miles away
Hospitals
Abbott Northwestern Hospital
800 East 28th Street
4 minute drive / 1.36 miles away
Children's Hospitals & Clinics Of Minnesota
2525 Chicago Avenue South
4 minute drive / 1.41 miles away
Hennepin County Medical Center
701 Park Avenue
4 minute drive / 2.07 miles away
Military Bases
Fort Snelling Military Reservation
12 minute drive / 5.76 miles away
Parks and Recreation
Lakefield Apartments has 5 parks within 3.5 miles, including Lake of the Isles, Loring Park, Powderhorn Park, Cedar Lake, and The Grand Rounds.
Shopping Centers
Lakefield Apartments has 5 shopping centers within 0.7 miles.
Transit Stations
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minneapolis Studio Apartments | $1,319 | $635 | $2,662 |
| Minneapolis 1 Bedroom Apartments | $1,650 | $750 | $6,629 |
| Minneapolis 2 Bedroom Apartments | $2,193 | $280 | $10,000+ |
| Minneapolis 3 Bedroom Apartments | $2,575 | $739 | $10,000+ |
| Minneapolis 4 Bedroom Apartments | $2,440 | $649 | $9,950 |
| Minneapolis 5 Bedroom Apartments | $3,483 | $2,150 | $7,602 |
Nearby Apartments
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Did You Know?
43% of renters tour a property with an agent before signing a lease.
Max of 2. | Restrictions: None.