
Cheap Homes for Rent in Oak Shores Neighborhood of Lakeville, MN from $1,500 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Oak Shores area of Lakeville.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

9830 Upper 161st St W
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.
Oak Shores, Lakeville, MN Local Guide

How much does it cost to rent a home in Oak Shores?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oak Shores 2 Bedroom Homes for Rent | $1,775 | $1,775 | $1,775 |
| Oak Shores 3 Bedroom Homes for Rent | $2,095 | $2,095 | $2,095 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Oak Shores Neighborhood of Lakeville, MN.
Explore Lakeville
Best Value Apartments for Rent in Oak Shores, MN
As of May 27, 2026 the best value apartment in the Oak Shores area is the $1.54 price per square foot Trio Model at Summit Townhomes in the in the Vista View neighborhood starting from $2,659. The second greatest value Oak Shores apartment is the 3 Bed, 2 Bath Model at Rambush Estates starting at $1,879 with a $1.55 price per square foot in the Timberland Knolls Acres neighborhood. Here is today’s list of the best values for Oak Shores apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Summit Townhomes | Trio | 3BR,2.5BA | $1.54 |
| Rambush Estates | 3 Bed, 2 Bath | 3BR,2BA | $1.55 |
| Lakeville Woods | Willow A | 1BR,1BA | $1.60 |
| Timber Ridge Townhomes | Two Bedroom | 2BR,1BA | $1.63 |
| SouthFork Townhomes + Flats | B1R | 2BR,1BA | $1.94 |
| Coventry Court Townhomes | 2 BD, 2 BA | 2BR,2BA | $1.66 |
| Meridian Pointe | Crestmont (A3gi) | 1BR,1BA | $1.76 |
| CARRINGTON COURT | 1 Bedroom 1 Bath Waitlist Application | 1BR,1BA | $1.64 |
| The Felix | The Selene A | 1BR,1BA | $1.76 |
| The Woods of Burnsville Apartments | Spruce | Studio ,1BA | $1.88 |
Frequently Asked Questions about Oak Shores
What type of rentals are currently available in Oak Shores?
There are currently 48 Apartments for Rent in Oak Shores, MN with pricing that ranges from $894 to $3,150. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Shores ranging from $1,775 to $2,095.
What is the current price range for Rental Homes in Oak Shores?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oak Shores ranges from $1,775 to $2,095 with an average monthly rent of $1,935.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.