
Cheap Homes for Rent in Lakefield, MN from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Lakefield.


305 W Wenberg St

820 N Cedar St

707 6th Ave
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

2011 Great Bend Blvd

301 S Prairie St

1507 Jackson Ave

1204 Hill Ave
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.

301 Luverne St.
Lakefield, MN Local Guide

How much does it cost to rent a home in Lakefield?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lakefield 2 Bedroom Homes for Rent | $950 | $850 | $1,000 |
Lakefield 3 Bedroom Homes for Rent | $1,627 | $900 | $2,500 |
Lakefield 4 Bedroom Homes for Rent | $920 | $920 | $920 |
Browse Top Homes for Rent in Lakefield
Explore Lakefield
Lakefield, MN Local Guide
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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 RC Square Apartments in the Downtown Marshall neighborhood priced from $525. 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 |
---|---|---|---|
RC Square Apartments | 1 Bedroom | 1BR,1BA | $525 |
Douglas Manor Apartments | 1BR/1BA | 1BR,1BA | $565 |
Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $701 |
Best Value Apartments for Rent in Lakefield, MN and Nearby
As of October 11, 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 Studio Model at 1212 Heckman Ct starting at $750 with a $0.83 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 |
1212 Heckman Ct | Studio | Studio ,1BA | $0.83 |
Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $0.93 |
1551 Falcon Dr, Unit 201 | 1551 Falcon Dr | 2BR,1BA | $0.92 |
650 Summit Dr, Unit 8 | 650 Summit Dr | 2BR,1BA | $1.02 |
808 Hills Ave, Unit 1 | 808 Hills Ave | 1BR,1BA | $1.00 |
551 Lakeview Rd, Unit 1 | 551 Lakeview Rd | 1BR,1BA | $1.00 |
Douglas Manor Apartments | 1BR/1BA | 1BR,1BA | $0.90 |
RC Square Apartments | 1 Bedroom | 1BR,1BA | $1.01 |
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See the most popular apartments and homes in Lakefield, MN
Frequently Asked Questions about Lakefield
What type of rentals are currently available in Lakefield?
There are currently 62 Apartments for Rent in Lakefield, MN with pricing that ranges from $565 to $3,638. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakefield ranging from $850 to $2,500.
What is the current price range for Rental Homes in Lakefield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakefield ranges from $850 to $2,500 with an average monthly rent of $1,113.
How much are larger Three and Four Bedroom Rentals in Lakefield?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakefield range from $725 to $3,638, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,500. Four Bedroom Single-Family rentals are also available starting from $920 and Four Bedroom Apartments start at $975.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.