Cheap Apartments for Rent in the Prairie Lake Neighborhood of Lakeville, MN from $1,406 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Prairie Lake area of Lakeville.

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Northlake Lofts
$1,553 - $2,738

Total Monthly Price

Base Rent$1,500 - $2,685
Required Monthly Fees$53

Total Monthly Price$1,553 - $2,738
12 Month Lease Term
Studio to 3 Bedroom Apartments Available Now

Northlake Lofts

18400 Orchard TrlLakeville, MN 55044
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Arris Lakeville
Rent Specials
$1,406 - $2,672

Total Monthly Price

Base Rent$1,383 - $2,649
Required Monthly FeesVaries

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Arris Lakeville

10805 173rd St WLakeville, MN 55044
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Lakeside Flats
Rent Specials
$1,614 - $2,853

Total Monthly Price

Base Rent$1,556 - $2,795
Required Monthly Fees$58

Total Monthly Price$1,614 - $2,853
1 to 3 Bedroom Apartments Available Now

Lakeside Flats

16255 Kenyon AveLakeville, MN 55044
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SouthFork Townhomes Flats
$1,536 - $2,821

Total Monthly Price

Base Rent$1,525 - $2,810
Required Monthly FeesVaries

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

SouthFork Townhomes Flats

17956 Jubilee WayLakeville, MN 55044
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Lakeville Woods
$1,476 - $4,771

Total Monthly Price

Base Rent$1,476 - $4,771

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Lakeville Woods

18351 Kenyon AveLakeville, MN 55044
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Queen Anne Courts
1 to 3 Bedroom Apartments

Queen Anne Courts

17701 Kenyon AveLakeville, MN 55044
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16005 Joplin Ave
Studio Apartments

16005 Joplin Ave

16005 Joplin AveLakeville, MN 55044

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Prairie Lake, Lakeville, MN Local Guide

Cheapest Available Prairie Lake Apartments for Rent

 

The cheapest available apartment rental in the Prairie Lake area of Lakeville, MN is a Studio unit found at Arris Lakeville priced from $1,406. Lakeville Woods has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,476. Here are the most affordable Prairie Lake apartments for rent in Lakeville, MN:

Apartment ListingModel NameBed/BathPriced From
Arris LakevilleOakStudio,1BA$1,406
Lakeville WoodsBirch B1BR,1BA$1,476
Northlake LoftsSwanStudio,1BA$1,553

Best Value Apartments for Rent in Prairie Lake, MN

As of September 09, 2026 the best value apartment in the Prairie Lake 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 Prairie Lake apartment is the C1 Tamarack Model at The Crossing at Ritter Meadows starting at $2,725 with a $1.71 price per square foot in the Wood Hill neighborhood. Here is today’s list of the best values for Prairie Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wildwood Lakeville - NOW OPEN!The Highview - Single Family Home4BR,2.5BA$1.69
The Crossing at Ritter MeadowsC1 Tamarack2BR,2.5BA$1.71
16075 Joplin Ave3 Bed/1 Bath3BR,1BA$1.40
SouthFork Townhomes FlatsC1R3BR,1.5BA$1.98
Marion CrossingTwo Bedroom Flat2BR,1BA$1.78
Lakeville WoodsBirch B1BR,1BA$1.74
Lakeside FlatsEmerald1BR,1BA$2.30
Northlake LoftsSwanStudio ,1BA$2.33
Arris LakevilleOakStudio ,1BA$2.72

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From 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.

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Pet Friendly Lifestyle
Prairie Lake, Lakeville, MN

Ranked #5

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Prairie Lake Apartments

What is the Cheapest Studio apartment in Prairie Lake?

Currently the most affordable Cheap Studio Apartment in Prairie Lake is at Arris Lakeville listed at $1,406.

How much is rent for a Cheap One Bedroom Prairie Lake Apartment?

The lowest price for a Cheap One Bedroom Prairie Lake Apartment is $1,473 at Arris Lakeville.

What is the lowest price for a Cheap Two Bedroom Prairie Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Prairie Lake is starting from $1,599 at Marion Crossing.

What is the most affordable Prairie Lake Three Bedroom Apartment?

The best deal on a cheap Prairie Lake Three Bedroom Apartment rental is at 16075 Joplin Ave and starts from $1,700.

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

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Rent According to Income: A Look at Income-Restricted Rentals

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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.