
Cheap Apartments for Rent in Lakefield, MN from $400 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Lakefield.


Douglas Manor Apartments

RC Square Apartments

2620 Linden Ave

551 Lakeview Rd
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.

812 Hills Ave

1757 4th Ave

2107 Nobles St

15 N Lawler St, Unit 1

Eytcheson Estates Sherburn

528 N Grant St

Park View Apartments

1212 Heckman Ct

Eytcheson Estates Welcome

Deer Creek Apartments
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.

808 Hills Ave

729 11th Ave, Unit 721

The Nexus
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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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605 Pleasant Ave
Lakefield, MN Local Guide

How much does it cost to rent an apartment in Lakefield?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lakefield Studio Apartments | $815 | $750 | $1,035 |
Lakefield 1 Bedroom Apartments | $915 | $525 | $1,500 |
Lakefield 2 Bedroom Apartments | $1,308 | $615 | $3,582 |
Lakefield 3 Bedroom Apartments | $1,562 | $725 | $3,615 |
Lakefield 4 Bedroom Apartments | $1,148 | $975 | $1,695 |
Browse Top Apartments in Lakefield
See all Apartments in LakefieldExplore Lakefield
Lakefield, MN Local Guide
- Nearby Cities
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Burt 18-Unit (Countryside Properties) | 1 Bedroom | 1BR,1BA | $450 |
Douglas Manor Apartments | 1BR/1BA | 1BR,1BA | $565 |
RC Square Apartments | 2 Bedroom | 2BR,1BA | $625 |
Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $700 |
Park View Apartments | 1 Bed/ 1 Bath | 1BR,1BA | $725 |
1212 Heckman Ct | Studio | Studio,1BA | $750 |
Deer Creek Apartments | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $765 |
Cypress Pointe Apartments | 2 Bedroom | 2BR,1BA | $906 |
Windcrest Village Apartments & Townhomes | 1 Bed 1 Bath Apartment | 1BR,1BA | $910 |
Windom Landing | 4 Bedroom - Upper Level | 4BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Windom Landing | 4 Bedroom - Lower Level | 4BR,2BA | $0.71 |
Lakeside Apartments | F - 3 Bed Lakeview | 3BR,2BA | $1.18 |
The Nexus | 235 - 3 BR/1 BA | 3BR,1BA | $1.33 |
1212 Heckman Ct | Studio | Studio ,1BA | $0.83 |
RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $1.33 |
Cypress Pointe Apartments | 2 Bedroom | 2BR,1BA | $1.26 |
Douglas Manor Apartments | 1BR/1BA | 1BR,1BA | $0.90 |
Deer Creek Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.23 |
Quick Rent Budget Calculator
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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
Getting 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 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.

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.

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.

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.

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.