
Cheap Homes for Rent in The Lakes Neighborhood of Blaine, MN from $2,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the The Lakes area of Blaine.


2408 121st Cir NE

2423 121st Cir NE
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

12173 Waconia St NE

2445 119th Ct NE

12263 Xylite St NE, Unit c
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

12263 Xylite St NE
The Lakes, Blaine, MN Local Guide

How much does it cost to rent a home in The Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Lakes 2 Bedroom Homes for Rent | $2,395 | $2,395 | $2,395 |
| The Lakes 3 Bedroom Homes for Rent | $2,811 | $2,500 | $3,345 |
| The Lakes 5 Bedroom Homes for Rent | $6,900 | $6,900 | $6,900 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the The Lakes Neighborhood of Blaine, MN.
Explore Blaine
Cheapest Available The Lakes Apartments for Rent
 The cheapest available apartment rental in the The Lakes area of Minneapolis, MN is a 1 Bed unit found at Centennial Plaza Apartments priced from $1,145. Westminster Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,299. Here are the most affordable The Lakes apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Centennial Plaza Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,145 |
| Westminster Apartments | Elizabeth | 2BR,1BA | $1,299 |
| Carriage Oaks Apartments | 1A | 1BR,1BA | $1,359 |
Best Value Apartments for Rent in The Lakes, MN
As of March 10, 2026 the best value apartment in the The Lakes area is the $1.73 price per square foot Reed Model at Foxtail Hollow Townhomes in the in the Johnsville neighborhood starting from $3,548. The second greatest value The Lakes apartment is the Sienna Model at Emberwood starting at $1,903 with a $1.74 price per square foot in the Johnsville neighborhood. Here is today’s list of the best values for The Lakes apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Foxtail Hollow Townhomes | Reed | 3BR,2.5BA | $1.73 |
| Emberwood | Sienna | 2BR,2BA | $1.74 |
| Westminster Apartments | Elizabeth | 2BR,1BA | $1.39 |
| The Legends of Blaine 55+ | One Bedroom B | 1BR,1BA | $1.97 |
| Carriage Oaks Apartments | 1A | 1BR,1BA | $1.90 |
| Centennial Plaza Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.76 |
| Cedar Green | Cedar | Studio ,1BA | $2.62 |
| Lexi Apartments | Meadow | 1BR,1BA | $2.60 |
Frequently Asked Questions about The Lakes
What type of rentals are currently available in The Lakes?
There are currently 25 Apartments for Rent in The Lakes, MN with pricing that ranges from $1,145 to $2,364. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Lakes ranging from $2,395 to $6,900.
What is the current price range for Rental Homes in The Lakes?
Today's rental pricing for Homes for Rent, Condos and Townhomes in The Lakes ranges from $2,395 to $6,900 with an average monthly rent of $4,035.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.