729 11th Ave, Unit 725
729 11th Ave
SibleyIA51249
Cheap Homes for Rent in Lakefield, MN from $700 (2 Rentals)
Search the lowest-cost Homes available for rent right now in Lakefield.
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.
708 7th Ave, Unit 712
708 7th Ave
SibleyIA51249
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.
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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 a home in Lakefield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakefield 2 Bedroom Homes for Rent | $1,185 | $725 | $1,800 |
| Lakefield 3 Bedroom Homes for Rent | $1,228 | $950 | $1,600 |
| Lakefield 4 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Top Homes for Rent in Lakefield
Explore Lakefield
Lakefield, MN Local Guide
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Best Value Apartments for Rent in Lakefield, MN and Nearby
As of May 24, 2025 the best value apartment in the Lakefield area is the $1.20 price per square foot 3 Bed 2 Bath Townhome Model at Tallgrass Village Apartments & Townhomes in the starting from $1,740. The second greatest value Lakefield apartment is the 3 Beds, 1.5 baths Model at Eagle Ridge Townhomes starting at $1,015 with a $0.75 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. |
|---|---|---|---|
| Tallgrass Village Apartments & Townhomes | 3 Bed 2 Bath Townhome | 3BR,2BA | $1.20 |
| Eagle Ridge Townhomes | 3 Beds, 1.5 baths | 3BR,1.5BA | $0.75 |
| Windom Landing | 2 Bedroom - Upper Level | 2BR,2BA | $0.84 |
| Briarwood Estates | 901D Briarwood | 3BR,2BA | $1.30 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $1.33 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
| Cypress Pointe Apartments | 2 Bedroom | 2BR,1BA | $1.26 |
| Deer Creek Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.14 |
| Okabena Tower 40+ | 1 BR/1 BA | 1BR,1BA | $1.31 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Lakefield
What type of rentals are currently available in Lakefield?
There are currently 50 Apartments for Rent in Lakefield, MN with pricing that ranges from $575 to $1,845. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakefield ranging from $725 to $2,100.
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 $725 to $2,100 with an average monthly rent of $1,504.
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 $1,015 to $1,845, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $1,600. Four Bedroom Single-Family rentals are also available starting from $2,100 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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.