
Cheap Homes for Rent near Lakevill, MN from $1,500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Lakevill.


2894 138th St W

4664 Tower St SE

14248 Hemlock Ct N

9830 Upper 161st St W
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.

504 Juliet Dr

3315 Skyview Dr

12585 Gavotte Ave

7155 126th St W

7255 126th St W
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.

12710 Granger Ct

220 1st St

15531 Flyboat Ln

733 Juliet Dr

15563 Garnet Way
Cash 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.
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 | $1,783 | $1,599 | $1,950 |
| Lakevill 3 Bedroom Homes for Rent | $2,324 | $1,600 | $3,850 |
| Lakevill 4 Bedroom Homes for Rent | $3,420 | $2,895 | $4,495 |
| Lakevill 5 Bedroom Homes for Rent | $3,045 | $2,195 | $3,895 |
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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 1 Bed unit found at Southwind Village in the Oak Shores neighborhood priced from $1,151. 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 | A1 | 1BR,1BA | $1,151 |
| MAJESTIC COVE | 1 Bedroom 1 Bath Waitlist Application | 1BR,1BA | $1,185 |
| The Oaks of Lakeville | 1 BD / 1 BA | 1BR,1BA | $1,250 |
| The Woods of Burnsville Apartments | Sycamore | 1BR,1BA | $1,261 |
| KINGSTON GREEN | Open concept living with walk-out patio/balcony... | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Lakevill, MN and Nearby
As of July 10, 2026 the best value apartment in the Lakevill area is the $1.69 price per square foot The Highview - Single Family Home Model at Wildwood Lakeville - NOW OPEN! in the in the Timbercrest At Lakeville neighborhood starting from $4,508. The second greatest value Lakevill apartment is the 3 Bed, 2 Bath Model at Rambush Estates starting at $1,879 with a $1.55 price per square foot in the Timberland Knolls Acres 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. |
|---|---|---|---|
| Wildwood Lakeville - NOW OPEN! | The Highview - Single Family Home | 4BR,2.5BA | $1.69 |
| Rambush Estates | 3 Bed, 2 Bath | 3BR,2BA | $1.55 |
| Remington Cove I | Galaxie 1 | 2BR,2BA | $1.67 |
| The Felix | The Acacia | 2BR,2BA | $1.47 |
| Courtwood Village I | 2 Bed/1 Bath Model B | 2BR,1BA | $1.70 |
| KINGSTON GREEN | Open concept living with walk-out patio/balcony... | 1BR,1BA | $1.55 |
| The Oaks of Lakeville | 1 BD / 1 BA | 1BR,1BA | $1.60 |
| The Woods of Burnsville Apartments | Sycamore | 1BR,1BA | $1.63 |
| Southwind Village | A1 | 1BR,1BA | $1.66 |
| MAJESTIC COVE | 1 Bedroom 1 Bath Waitlist Application | 1BR,1BA | $1.64 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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!
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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 37 Apartments for Rent in Lakevill, MN with pricing that ranges from $831 to $4,508. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakevill ranging from $1,599 to $4,495.
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 $1,599 to $4,495 with an average monthly rent of $2,643.
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 $1,650 to $3,808, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,850. Four Bedroom Single-Family rentals are also available starting from $2,895 and Four Bedroom Apartments start at $2,704.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.