
Cheap Homes for Rent in Lakevill, MN from $1,500 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Lakevill.


7126 123rd St W

2894 138th St W

20577 Erin Ct

15539 Float Ln
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

3315 Skyview Dr

993 Oriole Dr

9830 Upper 161st St W

14248 Hemlock Ct N

345 Brutus Dr
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.

7255 126th St W

12710 Granger Ct

12585 Gavotte Ave

7155 126th St W

503 Juliet Dr
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.

14975 Pinto Ln

6444 158th St W
Lakevill, MN Local Guide

How much does it cost to rent a home in Lakevill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakevill 2 Bedroom Homes for Rent | $2,044 | $1,550 | $3,300 |
| Lakevill 3 Bedroom Homes for Rent | $2,406 | $1,600 | $3,900 |
| Lakevill 4 Bedroom Homes for Rent | $3,108 | $2,300 | $3,950 |
| Lakevill 5 Bedroom Homes for Rent | $3,245 | $2,495 | $3,995 |
Browse Top Homes for Rent in Lakevill
Explore Lakevill
Lakevill, MN Local Guide
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Cheapest Available Lakevill Apartments for Rent and Nearby
 The cheapest available apartment rental in Lakevill, MN is a Studio unit found at Southwind Village in the Oak Shores neighborhood priced from $1,155. MAJESTIC COVE in the Cobblestone Legacy neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,185. Here is today’s list of the most affordable Lakevill apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Southwind Village | S1 | Studio,1BA | $1,155 |
| MAJESTIC COVE | 1 Bedroom 1 Bath Waitlist Application | 1BR,1BA | $1,185 |
| The Felix | The Selene A | 1BR,1BA | $1,210 |
| The Woods of Burnsville Apartments | Sycamore | 1BR,1BA | $1,221 |
| Courtwood Village I | 1 Bed/ 1 Bath Model A | 1BR,1BA | $1,349 |
Best Value Apartments for Rent in Lakevill, MN and Nearby
As of April 10, 2026 the best value apartment in the Lakevill area is the $1.61 price per square foot Willow C Model at Lakeville Woods in the in the Donnelly Farm neighborhood starting from $1,810. The second greatest value Lakevill apartment is the LAMARR II (ACC) Model at The Edison at Avonlea starting at $1,945 with a $1.77 price per square foot in the Donnelly Farm neighborhood. Here is today’s list of the best values for Lakevill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lakeville Woods | Willow C | 1BR,1BA | $1.61 |
| The Edison at Avonlea | LAMARR II (ACC) | 2BR,2BA | $1.77 |
| Provence | B1 | 2BR,2BA | $1.70 |
| Hearthstone Apartments and Townhomes | E | 2BR,2BA | $1.70 |
| The Oaks of Lakeville | 2 BD / 1.5 BA | 2BR,1.5BA | $1.49 |
| Marion Crossing | Two Bedroom Flat | 2BR,1BA | $1.78 |
| KINGSTON GREEN | Open concept living with walk-out patio/balcony... | 1BR,1BA | $1.55 |
| The Woods of Burnsville Apartments | Sycamore | 1BR,1BA | $1.58 |
| Courtwood Village I | 1 Bed/ 1 Bath Model A | 1BR,1BA | $1.77 |
| MAJESTIC COVE | 1 Bedroom 1 Bath Waitlist Application | 1BR,1BA | $1.64 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lakevill, MN Rentals by Map
See the most popular apartments and homes in Lakevill, MN
Frequently Asked Questions about Lakevill
What type of rentals are currently available in Lakevill?
There are currently 35 Apartments for Rent in Lakevill, MN with pricing that ranges from $831 to $3,351. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakevill ranging from $1,550 to $3,995.
What is the current price range for Rental Homes in Lakevill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakevill ranges from $1,550 to $3,995 with an average monthly rent of $2,700.
How much are larger Three and Four Bedroom Rentals in Lakevill?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakevill range from $1,755 to $3,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,900. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,787.
Expert Rental Resources
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.
Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.