2721 Westcliffe Dr
BurnsvilleMN55306
Cheap Homes for Rent in Lakeville, MN from $600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Lakeville.
5161 148th St W
Apple ValleyMN55124
7624 157th St W, Unit 310
7624 157th St W
Apple ValleyMN55124
20660 Holyoke Ave
LakevilleMN55044
12655 Garner Way
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.
15468 Pennock Ln
Apple ValleyMN55124
14260 Empire Ave
Apple ValleyMN55124
15622 Echo Ridge Rd
Apple ValleyMN55124
14391 Estates Ave
Apple ValleyMN55124
7501 Upper 167th St W
LakevilleMN55044
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.
17349 Gettysburg Way
LakevilleMN55044
Showing Results 1-11, 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 | $1,994 | $1,400 | $2,650 |
| Lakeville 3 Bedroom Homes for Rent | $2,472 | $2,000 | $2,895 |
| Lakeville 4 Bedroom Homes for Rent | $3,181 | $1,999 | $4,900 |
| Lakeville 5 Bedroom Homes for Rent | $2,850 | $2,850 | $2,850 |
| Lakeville 6 Bedroom Homes for Rent | $3,895 | $3,795 | $3,995 |
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
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lakeville, MN
Pricing Updated: 11/16/2025Current apartment rentals in the Lakeville, MN area range in price from $831 to $4,144 with an overall median price of $2,312. The three Lakeville neighborhoods with the lowest median rent pricing are Oak Shores at $902, Prairie Lake at $1,350, and Timbercrest At Lakeville at $1,340. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Lakeville Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Oak Shores | $2,146 | $902 | 132 |
| Prairie Lake | $2,177 | $1,350 | 23 |
| Timbercrest At Lakeville | $2,177 | $1,340 | 25 |
| Pine Grove | $2,273 | $1,185 | 95 |
| Foxborough | $2,304 | $1,185 | 116 |
| Crossroads | $2,326 | $1,185 | 102 |
| Donnelly Farm | $2,334 | $1,268 | 49 |
| Dakota Far Southwest Suburbs | $2,500 | $900 | 621 |
| Wood Hill | $2,575 | $831 | 112 |
Cheapest Available Lakeville Apartments for Rent
The cheapest available apartment rental in Lakeville, MN is a 1 Bed unit found at Rambush Estates in the Timberland Knolls Acres neighborhood priced from $902. 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 |
|---|---|---|---|
| Rambush Estates | 1 Bed, 1 Bath | 1BR,1BA | $902 |
| MAJESTIC COVE | Open living space + spacious master *WAITLIST* | 1BR,1BA | $1,185 |
| The Felix | The Selene A | 1BR,1BA | $1,203 |
| Historical - Southwind Village | A3 | 1BR,1BA | $1,216 |
| Remington Cove I | Southport 2 | Studio,1BA | $1,243 |
Best Value Apartments for Rent in Lakeville, MN
As of November 16, 2025 the best value apartment in the Lakeville area is the $0.81 price per square foot 1 Bed, 1 Bath Model at Rambush Estates in the in the Timberland Knolls Acres neighborhood starting from $902. The second greatest value Lakeville apartment is the Three Bedroom Model at Timber Ridge Townhomes starting at $1,875 with a $1.70 price per square foot in the Heart of the City 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. |
|---|---|---|---|
| Rambush Estates | 1 Bed, 1 Bath | 1BR,1BA | $0.81 |
| Timber Ridge Townhomes | Three Bedroom | 3BR,1.5BA | $1.70 |
| Lakeville Woods | Willow A | 1BR,1BA | $1.61 |
| Valley Pond | Maple | 2BR,2BA | $1.61 |
| The Legends of Apple Valley 55+ Apartments | Two Bedroom - B | 2BR,2BA | $1.69 |
| Lakeville Pointe Apartments | C1 | 2BR,2BA | $1.42 |
| Applewoods Apartments | 2 Bedroom 1 Bathrom | 1BR,1BA | $1.58 |
| KINGSTON GREEN | Open concept living with walk-out patio/balcony... | 1BR,1BA | $1.55 |
| Provence | A2 | 1BR,1BA | $1.69 |
| MAJESTIC COVE | Open living space + spacious master *WAITLIST* | 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 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.
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Pet Friendly LifestyleLakeville, MN
Ranked #208
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 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 $902 to $4,129. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeville ranging from $697 to $4,900.
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 $697 to $4,900 with an average monthly rent of $2,587.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.