
Cheap Apartments for Rent in Lakeville, MN from $1,185 with Swimming Pool (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Lakeville.


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Authentix Lakeville

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Arris Lakeville

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The Edison at Avonlea

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Northlake Lofts

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Springs at Lakeville
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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SouthFork Townhomes Flats

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The Edison at Spirit

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Livery Modern Apartments

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Wildwood Lakeville - NOW OPEN!

MAJESTIC COVE

The Felix
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Southwind Village

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The Woods of Burnsville Apartments

KINGSTON GREEN

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Springs At Apple Valley

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Hearthstone Apartments and Townhomes

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Coventry Court Townhomes
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Galante at Parkside

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Nuvelo at Parkside

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Rambush Estates

Provence

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Neon Burnsville

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Gabella at Parkside
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.

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Risor of Apple Valley - Active Adult 55+ Community
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 | $1,477 | $1,241 | $1,698 |
| Lakeville 1 Bedroom Apartments | $1,673 | $1,185 | $2,301 |
| Lakeville 2 Bedroom Apartments | $2,106 | $1,295 | $4,469 |
| Lakeville 3 Bedroom Apartments | $2,717 | $1,700 | $3,808 |
| Lakeville 4 Bedroom Apartments | $4,139 | $2,995 | $4,508 |
Browse Top Apartments in Lakeville
See all Apartments in LakevilleExplore Lakeville
Lakeville, MN Local Guide
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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
Kennedy Elementary School
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 the Cheapest Studio apartment in Lakeville?
Currently the most affordable Cheap Studio Apartment in Lakeville is at Southwind Village listed at $1,270.
How much is rent for a Cheap One Bedroom Lakeville Apartment?
The lowest price for a Cheap One Bedroom Lakeville Apartment is $1,185 at MAJESTIC COVE.
What is the lowest price for a Cheap Two Bedroom Lakeville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lakeville is starting from $1,295 at Rosewood Manor.
What is the most affordable Lakeville Three Bedroom Apartment?
The best deal on a cheap Lakeville Three Bedroom Apartment rental is at MAJESTIC COVE and starts from $1,750.
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

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.