Cheap Apartments for Rent in Lakefield, MN from $400 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lakefield.

property at 2620 Linden Ave

2620 Linden Ave

SlaytonMN56172
property at 551 Lakeview Rd

551 Lakeview Rd

Heron LakeMN56137

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.

property at 812 Hills Ave

812 Hills Ave

JacksonMN56143
property at 1757 4th Ave

1757 4th Ave

WindomMN56101
property at 528 N Grant St

528 N Grant St

Blue EarthMN56013

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.

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Lyon County Apartments
Studio to 1 Bedroom Apartments

Lyon County Apartments

200 S 4th StMarshall, MN 56258
Senior Living
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Stately Manor Apartments
1 to 2 Bedroom Apartments

Stately Manor Apartments

1525-1535 Darling DrWorthington, MN 56187
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Damax Apartments
1 to 2 Bedroom Apartments

Damax Apartments

602 E Warren StLuverne, MN 56156
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Tanglewood Estates
1 to 2 Bedroom Apartments

Tanglewood Estates

1755-1757 4th AveWindom, MN 56101
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Westside Apartments
1 Bedroom Apartments

Westside Apartments

1851 26th StSlayton, MN 56172
Senior Living
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Westmar Apartments
1 to 2 Bedroom Apartments

Westmar Apartments

1002-1003 Pearl AveMarshall, MN 56258
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Woodland Park - Ivanhoe
1 to 2 Bedroom Apartments

Woodland Park - Ivanhoe

106 N County Road 5Ivanhoe, MN 56142
Senior Living
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Heritage Prairie
1 Bedroom Apartments

Heritage Prairie

1173 Dewey StWabasso, MN 56293
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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109 E Luverne St
Studio to 3 Bedroom Apartments

109 E Luverne St

109 E Luverne StLuverne, MN 56156
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Oakwood Apartments
1 Bedroom Apartments

Oakwood Apartments

401 S Oak StEllsworth, MN 56129
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528 N Grant St
1 to 3 Bedroom Apartments

528 N Grant St

528 N Grant StBlue Earth, MN 56013
  • Utilities Included

Lakefield, MN Local Guide

Cheapest Available Lakefield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lakefield, MN is a 1 Bed unit found at Burt 18-Unit (Countryside Properties) priced from $450. Douglas Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $565. Here is today’s list of the most affordable Lakefield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Burt 18-Unit (Countryside Properties)1 Bedroom1BR,1BA$450
Douglas Manor Apartments1BR/1BA1BR,1BA$565
RC Square Apartments2 Bedroom2BR,1BA$625
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$700
Park View Apartments1 Bed/ 1 Bath1BR,1BA$725
1212 Heckman CtStudioStudio,1BA$750
Deer Creek Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$765
Cypress Pointe Apartments2 Bedroom2BR,1BA$906
Windcrest Village Apartments & Townhomes1 Bed 1 Bath Apartment1BR,1BA$910
Windom Landing4 Bedroom - Upper Level4BR,2BA$975

Best Value Apartments for Rent in Lakefield, MN and Nearby

As of September 09, 2025 the best value apartment in the Lakefield area is the $0.71 price per square foot 4 Bedroom - Lower Level Model at Windom Landing in the starting from $975. The second greatest value Lakefield apartment is the F - 3 Bed Lakeview Model at Lakeside Apartments starting at $1,479 with a $1.18 price per square foot . Here is today’s list of the best values for Lakefield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Windom Landing4 Bedroom - Lower Level4BR,2BA$0.71
Lakeside ApartmentsF - 3 Bed Lakeview3BR,2BA$1.18
The Nexus235 - 3 BR/1 BA3BR,1BA$1.33
1212 Heckman CtStudioStudio ,1BA$0.83
RC Square Apartments2 Bedroom2BR,1BA$0.70
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
Eytcheson Estates Welcome1 Bedroom2BR,1BA$1.33
Cypress Pointe Apartments2 Bedroom2BR,1BA$1.26
Douglas Manor Apartments1BR/1BA1BR,1BA$0.90
Deer Creek Apartments1 Bed 1 Bath Apartment1BR,1BA$1.23

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lakefield, MN Rentals by Map

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Getting Around Lakefield, MN

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Lakefield Apartments

What is the Cheapest Studio apartment in Lakefield?

Currently the most affordable Cheap Studio Apartment in Lakefield is at 1212 Heckman Ct listed at $750.

How much is rent for a Cheap One Bedroom Lakefield Apartment?

The lowest price for a Cheap One Bedroom Lakefield Apartment is $450 at Burt 18-Unit (Countryside Properties).

What is the lowest price for a Cheap Two Bedroom Lakefield Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lakefield is starting from $615 at Douglas Manor Apartments.

What is the most affordable Lakefield Three Bedroom Apartment?

The best deal on a cheap Lakefield Three Bedroom Apartment rental is at Douglas Manor Apartments and starts from $725.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.