Cheap Apartments for Rent in the Mystic Meadows Neighborhood of Farmington, MN from $1,000 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mystic Meadows area of Farmington.

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Cameron Woods
1 to 3 Bedroom Apartments

Cameron Woods

18400-18500 Euclid StFarmington, MN 55024
Senior Living
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Springs at Lakeville
Rent Specials
$1,505 - $3,808
Total Monthly Price

Total Monthly Price

Base Rent
$1,359 - $3,662
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Studio to 3 Bedroom Apartments Available Now

Springs at Lakeville

17400 Glacier WayLakeville, MN 55044
Corporate Housing
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The Oaks of Lakeville
Rent Specials
$1,350 - $1,595
Total Monthly Price12 Month Lease Term

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$1,350 - $1,595

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1 to 2 Bedroom Apartments Available Now

The Oaks of Lakeville

20464 Iberia AveLakeville, MN 55044
Corporate Housing
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  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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The Edison at Avonlea
$1,548 - $2,063
Total Monthly Price12 Month Lease Term

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Base Rent
$1,540 - $2,055
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1 to 3 Bedroom Apartments Available Now

The Edison at Avonlea

7255 181st St WLakeville, MN 55044
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Colonial Apartments
1 to 2 Bedroom Apartments

Colonial Apartments

20612 Hollins Ave WLakeville, MN 55044
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Village Dweller
1 to 2 Bedroom Apartments

Village Dweller

20966-20968 Holt AveLakeville, MN 55044
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Evergreen Apartments
Studio to 2 Bedroom Apartments

Evergreen Apartments

8590 208th St WLakeville, MN 55044
  • Utilities Included

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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.

Cheapest Available Mystic Meadows Apartments for Rent

 

The cheapest available apartment rental in the Mystic Meadows area of Farmington, MN is a 1 Bed unit found at LakeVillage Apartments priced from $1,455. Springs at Lakeville has the second lowest priced unit, which is a Studio apartment currently listed from $1,505. Here are the most affordable Mystic Meadows apartments for rent in Farmington, MN:

Apartment ListingModel NameBed/BathPriced From
LakeVillage ApartmentsLake Village 700 Square Feet1BR,1BA$1,455
Springs at LakevilleStudio Grand OverlookStudio,1BA$1,505
The Emery ApartmentsOne Bedroom1BR,1BA$1,525
Rye ApartmentsAbruzzi1BR,1BA$1,575
The Oaks of Lakeville2 BD / 1.5 BA2BR,1BA$1,595

Best Value Apartments for Rent in Mystic Meadows, MN

As of April 13, 2026 the best value apartment in the Mystic Meadows area is the $1.78 price per square foot LAMARR II (ACC) Model at The Edison at Avonlea in the in the Donnelly Farm neighborhood starting from $1,953. The second greatest value Mystic Meadows apartment is the 2 BD / 1.5 BA Model at The Oaks of Lakeville starting at $1,595 with a $1.49 price per square foot in the Wood Hill neighborhood. Here is today’s list of the best values for Mystic Meadows apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Edison at AvonleaLAMARR II (ACC)2BR,2BA$1.78
The Oaks of Lakeville2 BD / 1.5 BA2BR,1.5BA$1.49
Marion CrossingTwo Bedroom Flat2BR,1BA$1.78
Spero Senior LivingPepin1BR,1.5BA$2.03
The Emery Apartments1 Bedroom plus Den1BR,1BA$2.43
LakeVillage ApartmentsLake Village 700 Square Feet1BR,1BA$2.08
Springs at LakevilleStudio Grand OverlookStudio ,1BA$2.27
Rye ApartmentsAbruzzi1BR,1BA$2.46

Frequently Asked Questions about Cheap Mystic Meadows Apartments

What is a cheap apartment in Mystic Meadows?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mystic Meadows is under $1,953.

What is the price of a cheap apartment in Mystic Meadows?

The cheapest apartment in Mystic Meadows is LakeVillage Apartments which is listed at $1,455, while the average apartment in Mystic Meadows costs $2,395.

What types of apartments are the cheapest in Mystic Meadows?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Mystic Meadows that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Mystic Meadows?

Cheap apartments in Mystic Meadows have an average cost of $164 which is $2,231 cheaper than the average rent for all rentals in Mystic Meadows.

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.

Articles, How-To's, and Tips

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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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.

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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.