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2 Bedroom Apartments Available Now14635 Dodd Blvd
14635 Dodd BlvdRosemount, MN 55068
Cheap Homes for Rent in Lakeville, MN from $1,300 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Lakeville.
7624 157th St W, Unit 310
7624 157th St W
Apple ValleyMN55124
12655 Garner Way
St. PaulMN55124
15711 Fjord Ave
Apple ValleyMN55124
14656 Evergreen Trail
Apple ValleyMN55124
14260 Empire Ave
Apple ValleyMN55124
5377 172nd St W
FarmingtonMN55024
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.
14391 Estates Ave
Apple ValleyMN55124
14357 Estates Ave
Apple ValleyMN55124
17119 Eastwood Ave
FarmingtonMN55024
17553 Ionia Path
LakevilleMN55044
7991 147th St W
Apple ValleyMN55124
1112 E 145th St
BurnsvilleMN55337
17020 Eastwood Ave
FarmingtonMN55024
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 1-14, 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 | $2,035 | $1,550 | $2,725 |
| Lakeville 3 Bedroom Homes for Rent | $2,574 | $2,090 | $3,550 |
| Lakeville 4 Bedroom Homes for Rent | $3,109 | $2,349 | $4,500 |
| Lakeville 5 Bedroom Homes for Rent | $3,223 | $2,799 | $3,510 |
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
Explore Lakeville
Lakeville, MN Local Guide
- Lakeville Neighborhoods
- Nearby Cities
- ZIP codes
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Cheapest Neighborhoods for Apartments in Lakeville, MN
Pricing Updated: 01/23/2026Current apartment rentals in the Lakeville, MN area range in price from $925 to $4,500 with an overall median price of $2,681. The three Lakeville neighborhoods with the lowest median rent pricing are Homestead Creek at $2,150, Heritage at $2,250, and Foxborough at $2,298. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Lakeville Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Homestead Creek | $2,150 | $2,150 | 1 |
| Heritage | $2,250 | $2,250 | 1 |
| Foxborough | $2,298 | $2,298 | 1 |
| Donnelly Farm | $2,820 | $2,150 | 10 |
| Wood Hill | $2,850 | $1,850 | 8 |
| Chadwick Farm | $3,039 | $3,039 | 1 |
| Dakota Far Southwest Suburbs | $3,360 | $925 | 56 |
Cheapest Available Lakeville Apartments for Rent
The cheapest available apartment rental in Lakeville, MN is a 1 Bed unit found at The Felix in the Heart of the City neighborhood priced from $1,191. The Woods of Burnsville Apartments in the Heart of the City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,196. Here is today’s list of the most affordable Lakeville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Felix | The Selene A | 1BR,1BA | $1,191 |
| The Woods of Burnsville Apartments | Sycamore | 1BR,1BA | $1,196 |
| Applewoods Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,325 |
| Hearthstone Apartments and Townhomes | C | 1BR,1BA | $1,327 |
| Provence | E2 | Studio,1BA | $1,350 |
Best Value Apartments for Rent in Lakeville, MN
As of January 23, 2026 the best value apartment in the Lakeville area is the $1.51 price per square foot Two Bedroom - E Model at The Legends of Apple Valley 55+ Apartments in the in the Cobblestone Legacy neighborhood starting from $1,699. The second greatest value Lakeville 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 Lakeville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Legends of Apple Valley 55+ Apartments | Two Bedroom - E | 2BR,1.5BA | $1.51 |
| The Edison at Avonlea | LAMARR II (ACC) | 2BR,2BA | $1.77 |
| Timber Ridge Townhomes | Three Bedroom | 3BR,1.5BA | $1.70 |
| Lakeville Woods | Willow A | 1BR,1BA | $1.62 |
| Lakeville Pointe Apartments | C1 | 2BR,2BA | $1.42 |
| MAJESTIC COVE | Walk-in kitchen with spacious bedrooms *WAITLIST* | 2BR,1BA | $1.46 |
| KINGSTON GREEN | Open concept living with walk-out patio/balcony... | 1BR,1BA | $1.55 |
| Rosewood Manor | 2 Beds, 1 bath | 2BR,1BA | $1.75 |
| Hearthstone Apartments and Townhomes | C | 1BR,1BA | $1.69 |
| The Woods of Burnsville Apartments | Sycamore | 1BR,1BA | $1.54 |
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 119 Apartments for Rent in Lakeville, MN with pricing that ranges from $906 to $3,512. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeville ranging from $1,395 to $4,500.
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 $1,395 to $4,500 with an average monthly rent of $2,467.
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
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.