18 Walnut St
FarmingtonMN55024
Cheap Homes for Rent in Lakeville, MN from $1,500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Lakeville.
12655 Garner Way
St. PaulMN55124
12559 Gavotte Ave
St. PaulMN55124
14625 Evergreen Trail
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.
14651 Evergreen Trail
Apple ValleyMN55124
500 Greenhaven Dr, Unit 203
500 Greenhaven Dr
BurnsvilleMN55306
1925 Southcross Dr W
BurnsvilleMN55306
15573 Flight Way
Apple ValleyMN55124
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
1801 Southcross Dr W
BurnsvilleMN55306
Showing Results 1-9, 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 | $1,968 | $1,550 | $3,100 |
| Lakeville 3 Bedroom Homes for Rent | $2,406 | $1,601 | $2,995 |
| Lakeville 4 Bedroom Homes for Rent | $3,084 | $2,350 | $4,250 |
| Lakeville 5 Bedroom Homes for Rent | $5,050 | $3,750 | $6,350 |
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: 06/13/2025Current apartment rentals in the Lakeville, MN area range in price from $631 to $6,655 with an overall median price of $3,165. The three Lakeville neighborhoods with the lowest median rent pricing are Prairie Lake at $1,030, Timbercrest At Lakeville at $1,195, and Dakota Far Southwest Suburbs at $910. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Lakeville Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Prairie Lake | $2,149 | $1,030 | 31 |
| Timbercrest At Lakeville | $2,321 | $1,195 | 58 |
| Dakota Far Southwest Suburbs | $3,745 | $910 | 689 |
| Donnelly Farm | $3,795 | $1,195 | 68 |
| Wood Hill | $3,819 | $631 | 81 |
Cheapest Available Lakeville Apartments for Rent and Nearby
The cheapest available apartment rental in Lakeville, MN is a 1 Bed unit found at Southwind Village in the Dakota Far Southwest Suburbs neighborhood priced from $1,094. Rosewood Manor in the Glendalough neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Lakeville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Southwind Village | A1 | 1BR,1BA | $1,094 |
| Rosewood Manor | 1 Bed, 1 bath | 1BR,1BA | $1,100 |
| MAJESTIC COVE | Open living space + spacious master | 1BR,1BA | $1,165 |
Best Value Apartments for Rent in Lakeville, MN and Nearby
As of June 13, 2025 the best value apartment in the Lakeville area is the $1.47 price per square foot Three Bedroom - A Model at The Legends of Apple Valley in the in the Cobblestone Legacy neighborhood starting from $1,974. The second greatest value Lakeville apartment is the Two Bedroom Flat- ADA Model at Lakeville Court starting at $1,631 with a $1.36 price per square foot in the Wood Hill 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 | Three Bedroom - A | 3BR,2BA | $1.47 |
| Lakeville Court | Two Bedroom Flat- ADA | 2BR,1BA | $1.36 |
| Rambush Estates | 2 Bed, 2 Bath | 2BR,2BA | $1.55 |
| Lakeville Woods | Willow A | 1BR,1BA | $1.59 |
| Applewoods Apartments | 2 Bedroom 1 Bathrom | 2BR,1BA | $1.55 |
| KINGSTON GREEN | Open concept living with walk-out patio/balcony | 1BR,1BA | $1.53 |
| Hearthstone Apartments and Townhomes | C | 1BR,1BA | $1.80 |
| The Oaks of Lakeville | 1 BD / 1 BA | 1BR,1BA | $1.53 |
| The Woods of Burnsville Apartments | Sycamore | 1BR,1BA | $1.54 |
| MAJESTIC COVE | Open living space + spacious master | 1BR,1BA | $1.61 |
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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 $992 to $5,355. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeville ranging from $1,550 to $6,350.
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 $1,550 to $6,350 with an average monthly rent of $3,127.
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 $1,695 to $5,355, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,601 to $2,995. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $2,499.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.