Search the lowest-cost Apartments available for rent right now in the Homestead Creek area of Lakeville.
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.
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.
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.
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.
The cheapest available apartment rental in the Homestead Creek area of Lakeville, MN is a 1 Bed unit found at Southwind Village priced from $1,179. MAJESTIC COVE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,185. Here are the most affordable Homestead Creek apartments for rent in Lakeville, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Southwind Village | A1 | 1BR,1BA | $1,179 |
| MAJESTIC COVE | 1 Bedroom 1 Bath Waitlist Application | 1BR,1BA | $1,185 |
| KINGSTON GREEN | Open concept living with walk-out patio/balcony... | 1BR,1BA | $1,350 |
| The Overlook at Crystal Lake | S2 | Studio,1BA | $1,385 |
| Arris Lakeville | Oak | Studio,1BA | $1,406 |
| Hearthstone Apartments and Townhomes | C | 1BR,1BA | $1,406 |
| The Apex | Minnetonka | 1BR,1BA | $1,446 |
| Springs at Lakeville | Studio Grand Overlook | Studio,1BA | $1,461 |
| Galante at Parkside | Mural - Income Restrictions Apply | Studio,1BA | $1,489 |
| Lakeville Woods | Birch B | 1BR,1BA | $1,499 |
As of July 03, 2026 the best value apartment in the Homestead Creek area is the $1.69 price per square foot The Highview - Single Family Home Model at Wildwood Lakeville - NOW OPEN! in the in the Timbercrest At Lakeville neighborhood starting from $4,508. The second greatest value Homestead Creek apartment is the Galaxie 1 Model at Remington Cove I starting at $1,907 with a $1.68 price per square foot in the Cobblestone Legacy neighborhood. Here is today’s list of the best values for Homestead Creek apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wildwood Lakeville - NOW OPEN! | The Highview - Single Family Home | 4BR,2.5BA | $1.69 |
| Remington Cove I | Galaxie 1 | 2BR,2BA | $1.68 |
| KINGSTON GREEN | Open concept living with walk-out patio/balcony... | 1BR,1BA | $1.55 |
| Lakeville Woods | Birch B | 1BR,1BA | $1.76 |
| Spero Senior Living | Pepin | 1BR,1.5BA | $2.03 |
| The Edison at Avonlea | FRANKLIN | 1BR,1BA | $2.00 |
| Hearthstone Apartments and Townhomes | C | 1BR,1BA | $1.79 |
| Southwind Village | A1 | 1BR,1BA | $1.63 |
| MAJESTIC COVE | 1 Bedroom 1 Bath Waitlist Application | 1BR,1BA | $1.64 |
| The Apex | Vermillion | 1BR,1BA | $2.12 |
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 ArticleFrom 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 ArticleThe 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.
If you’re an expert on all things Homestead Creek, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewAmong cities in Minnesota for Apartment listings with Pet Friendly Amenities.
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.
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.
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.
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
We'll check your Homestead Creek review to ensure it meets our Review Guidelines.
Thank you!
