close
View Me
Cheap Apartments for Rent in Lakefield, MN from $400 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Lakefield.
close
View Me
200 Florence Ave
FuldaMN56131
close
View Me
from $6251 Bedroom Apartment Available Now
923 E Blue Earth Ave
923 E Blue Earth AveFairmont, MN 56031
close
View Me
close
View Me
close
View Me
from $6501 Bedroom Apartment Available Now
1602 11th St, Unit B Main Floor
1602 11th StEmmetsburg, IA 50536
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.
551 Lakeview Rd
Heron LakeMN56137
close
View Me
Rent Specials
from $6701 to 3 Bedroom Apartments Available Now
Deer Creek Apartments
321 N 5th StEstherville, IA 51334
418-420-420 N Willow St
PaullinaIA51046
808 Hills Ave
JacksonMN56143
1205 Victoria St
FairmontMN56031
1757 4th Ave
WindomMN56101
close
View Me
from $7002 Bedroom Apartments Available Now
Eytcheson Estates Sherburn
327 Fox Lake AveSherburn, MN 56171
close
View Me
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
close
View Me
close
View Me
Rent Specials
from $760Studio to 3 Bedroom Apartments Available Now
Windcrest Village Apartments & Townhomes
1001 9th St SWSpencer, IA 51301
close
View Me
close
View Me
Rent Specials
from $795Studio to 4 Bedroom Apartments Available Now
The Nexus
231-235 Legion Field RdMarshall, MN 56258
close
View Me
close
View Me
close
View Me
close
View Me
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
close
View Me
close
View Me
close
View Me
Showing Results 1-35, Page 1 of 1
Lakefield, MN Local Guide
Kilen Woods State Park by Tony Webster is licensed under CC BY 2.0
How much does it cost to rent an apartment in Lakefield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakefield Studio Apartments | $796 | $760 | $835 |
| Lakefield 1 Bedroom Apartments | $885 | $500 | $1,500 |
| Lakefield 2 Bedroom Apartments | $1,342 | $625 | $1,700 |
| Lakefield 3 Bedroom Apartments | $1,451 | $1,015 | $1,735 |
| Lakefield 4 Bedroom Apartments | $1,157 | $975 | $1,695 |
Browse Top Apartments in Lakefield
See all Apartments in LakefieldExplore Lakefield
Lakefield, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. RC Square Apartments in the Downtown Marshall neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $625. Here is today’s list of the most affordable Lakefield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Burt 18-Unit (Countryside Properties) | 1 Bedroom | 1BR,1BA | $450 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $625 |
| Deer Creek Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $670 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $700 |
| Windcrest Village Apartments & Townhomes | Studio Apartment | Studio,1BA | $760 |
| Okabena Tower 40+ | 1 BR/1 BA | 1BR,1BA | $785 |
Best Value Apartments for Rent in Lakefield, MN and Nearby
As of June 21, 2025 the best value apartment in the Lakefield area is the $0.75 price per square foot Three Bedroom Model at Eagle Ridge Townhomes in the starting from $1,015. The second greatest value Lakefield apartment is the E - 3 Bedroom Model at Lakeside Apartments starting at $1,399 with a $1.14 price per square foot . Here is today’s list of the best values for Lakefield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eagle Ridge Townhomes | Three Bedroom | 3BR,1.5BA | $0.75 |
| Lakeside Apartments | E - 3 Bedroom | 3BR,2BA | $1.14 |
| Windom Landing | 2 Bedroom - Upper Level | 2BR,2BA | $0.84 |
| 219 6th St SW | Two Bedroom One Bath | 2BR,1BA | $1.16 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
| 808 Hills Ave, Unit 1 | 808 Hills Ave | 1BR,1BA | $1.00 |
| 923 E Blue Earth Ave | 923 E Blue Earth Ave | 1BR,1BA | $0.96 |
| Deer Creek Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.07 |
| 172 North St, Unit 172 | 172 North St | 1BR,1BA | $0.89 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Lakefield area?
If you’re an expert on all things Lakefield, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lakefield, MN Rentals by Map
See the most popular apartments and homes in Lakefield, MN
Lakefield, MN Apartments MapLakefield, MN Rental Homes MapGetting Around Lakefield, MN
Walk Score®
47 / 100
Car-Dependent
Most errands require a car
Bike Score®
39 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Windcrest Village Apartments & Townhomes listed at $760.
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 $625 at RC Square Apartments.
What is the most affordable Lakefield Three Bedroom Apartment?
The best deal on a cheap Lakefield Three Bedroom Apartment rental is at Eagle Ridge Townhomes and starts from $1,015.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.