
Cheap 2 Bedroom Apartments for Rent in Lakeville, MN from $1,298 (49 Rentals)


7925 166th St W

LakeVillage Apartments

Marion Crossing

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Authentix Lakeville

Lakeville Woods

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Springs at Lakeville

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The Edison at Spirit

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SouthFork Townhomes + Flats
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.

Colonial Apartments

Village Dweller Apartments

Colonial Apartments

Evergreen Apartments

Village Dweller

Lakeville Pointe Apartments

9830 Upper 161st St W

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Southwind Village

The Felix
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Rosewood Manor

MAJESTIC COVE

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The Woods of Burnsville Apartments

Applewoods Apartments

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Coventry Court Townhomes

Timber Ridge Townhomes

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Rambush Estates

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Valley Pond

KINGSTON GREEN
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.

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Hearthstone Apartments and Townhomes

Provence

Remington Cove I

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Springs At Apple Valley

Total Monthly Price
The Overlook at Crystal Lake

15602 Eagles Nest Wy

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Gabella at Parkside

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Galante at Parkside

Apple Villa
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.

Wexford Place

Whispering Oaks

Oaks Whitney Pines

The Apex

Shannon Glen Townhomes

The Legends of Apple Valley 55+ Apartments

14248 Hemlock Ct N

5178 148th St W

15531 Flyboat Ln
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.

14764 Excelsior Ln

Springs At Cobblestone Lake

15602 Eagles Nest Way

Neon Burnsville
Lakeville, MN Local Guide

How much does it cost to rent an apartment in Lakeville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakeville Studio Apartments | $1,423 | $1,005 | $1,708 |
| Lakeville 1 Bedroom Apartments | $1,574 | $1,105 | $3,384 |
| Lakeville 2 Bedroom Apartments | $2,002 | $1,298 | $4,449 |
| Lakeville 3 Bedroom Apartments | $2,814 | $1,750 | $3,750 |
| Lakeville 4 Bedroom Apartments | $4,045 | $2,704 | $4,300 |
Explore Lakeville
Lakeville, MN Local Guide
- Lakeville Neighborhoods
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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.
Lakeville, MNPopulation: 65,877
Ranked #566
in US Census Population by City
Best Local Schools in Lakeville, MN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lakeville, MN Rentals by Map
See the most popular apartments and homes in Lakeville, MN
Frequently Asked Questions about Cheap Lakeville Apartments
What is a cheap apartment in Lakeville?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakeville is under $1,395.
What is the price of a cheap apartment in Lakeville?
The cheapest apartment in Lakeville is The Felix which is listed at $1,390, while the average apartment in Lakeville costs $3,534.
What types of apartments are the cheapest in Lakeville?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 35 regular apartments in Lakeville that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lakeville?
Cheap apartments in Lakeville have an average cost of $170 which is $3,364 cheaper than the average rent for all rentals in Lakeville.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.