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$1,2202 Bedroom Apartments Available Now
14635 Dodd Blvd
14635 Dodd BlvdRosemount, MN 55068
Cheap Homes for Rent in Lakeville, MN from $1,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Lakeville.
5118 148th St W
Apple ValleyMN55124
8333 144th St W
St. PaulMN55124
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.
12655 Garner Way
St. PaulMN55124
14248 Hemlock Ct N
Apple ValleyMN55124
8350 144th St W
Apple ValleyMN55124
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.
Showing Results 1-6, Page 1 of 1
Lakeville, MN Local Guide
Sunset at the lake by Patrick Murphy is licensed under CC BY 2.0
How much does it cost to rent a home in Lakeville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakeville 2 Bedroom Homes for Rent | $1,819 | $1,250 | $2,725 |
| Lakeville 3 Bedroom Homes for Rent | $2,578 | $1,865 | $3,550 |
| Lakeville 4 Bedroom Homes for Rent | $3,016 | $2,475 | $3,950 |
| Lakeville 5 Bedroom Homes for Rent | $3,003 | $2,495 | $3,511 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Lakeville
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Lakeville, MN Local Guide
- Lakeville Neighborhoods
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Cheapest Neighborhoods for Apartments in Lakeville, MN
Pricing Updated: 03/11/2026Current apartment rentals in the Lakeville, MN area range in price from $831 to $10,394 with an overall median price of $2,627. The three Lakeville neighborhoods with the lowest median rent pricing are Oak Shores at $999, Prairie Lake at $1,363, and Timbercrest At Lakeville at $1,350. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Lakeville Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Oak Shores | $2,239 | $999 | 112 |
| Prairie Lake | $2,299 | $1,363 | 25 |
| Timbercrest At Lakeville | $2,299 | $1,350 | 25 |
| Wood Hill | $2,395 | $831 | 115 |
| Donnelly Farm | $2,480 | $1,350 | 60 |
| Crossroads | $3,103 | $1,185 | 79 |
| Dakota Far Southwest Suburbs | $3,103 | $952 | 569 |
| Foxborough | $3,103 | $1,185 | 99 |
Cheapest Available Lakeville Apartments for Rent and Nearby
The cheapest available apartment rental in Lakeville, 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 Lakeville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Southwind Village | S1 | Studio,1BA | $1,155 |
| MAJESTIC COVE | Open living space + spacious master *WAITLIST* | 1BR,1BA | $1,185 |
| The Woods of Burnsville Apartments | Sycamore | 1BR,1BA | $1,204 |
Best Value Apartments for Rent in Lakeville, MN and Nearby
As of March 11, 2026 the best value apartment in the Lakeville area is the $1.80 price per square foot C1R Model at SouthFork Townhomes + Flats in the in the Donnelly Farm neighborhood starting from $2,111. The second greatest value Lakeville apartment is the Two Bedroom - E Model at The Legends of Apple Valley 55+ Apartments starting at $1,699 with a $1.51 price per square foot in the Cobblestone Legacy neighborhood. Here is today’s list of the best values for Lakeville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| SouthFork Townhomes + Flats | C1R | 3BR,1.5BA | $1.80 |
| The Legends of Apple Valley 55+ Apartments | Two Bedroom - E | 2BR,1.5BA | $1.51 |
| Lakeville Woods | Willow C | 1BR,1BA | $1.61 |
| The Edison at Avonlea | LAMARR II (ACC) | 2BR,2BA | $1.77 |
| Hearthstone Apartments and Townhomes | E | 2BR,2BA | $1.73 |
| Timber Ridge Townhomes | Two Bedroom | 2BR,1BA | $1.63 |
| KINGSTON GREEN | Open concept living with walk-out patio/balcony... | 1BR,1BA | $1.55 |
| Rosewood Manor | 2 Bedroom | 2BR,1BA | $1.75 |
| MAJESTIC COVE | Open living space + spacious master *WAITLIST* | 1BR,1BA | $1.64 |
| 14115 Pennock Ave, Unit 306 | 14115 Pennock Ave | 1BR,1BA | $1.66 |
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 Article
The 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
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Best Local Schools in Lakeville, MN
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Frequently Asked Questions about Lakeville
What type of rentals are currently available in Lakeville?
There are currently 121 Apartments for Rent in Lakeville, MN with pricing that ranges from $999 to $4,429. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeville ranging from $1,100 to $3,950.
What is the current price range for Rental Homes in Lakeville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakeville ranges from $1,100 to $3,950 with an average monthly rent of $2,303.
How much are larger Three and Four Bedroom Rentals in Lakeville?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakeville range from $1,725 to $4,429, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,865 to $3,550. Four Bedroom Single-Family rentals are also available starting from $2,475 and Four Bedroom Apartments start at $3,100.
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
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.