
Cheap Apartments for Rent in the Wood Hill Neighborhood of Lakeville, MN from $800 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Wood Hill area of Lakeville.


Village Dweller Apartments

Northfield Estates
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.

Market Village Senior Residence 55+

Centennial & Heritage Apartments

Summerfield Apartments
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.
Wood Hill, Lakeville, MN Local Guide

How much does it cost to rent an apartment in Wood Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wood Hill Studio Apartments | $1,412 | $820 | $1,639 |
| Wood Hill 1 Bedroom Apartments | $1,627 | $831 | $1,979 |
| Wood Hill 2 Bedroom Apartments | $1,998 | $1,010 | $2,400 |
| Wood Hill 3 Bedroom Apartments | $2,401 | $1,725 | $2,730 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 3 mile radius of the Wood Hill Neighborhood of Lakeville, MN.
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Cheapest Available Wood Hill Apartments for Rent
 The cheapest available apartment rental in the Wood Hill area of Lakeville, MN is a 2 Beds unit found at Northfield Estates priced from $935. Centennial & Heritage Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Wood Hill apartments for rent in Lakeville, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Northfield Estates | 2 Bedroom | 2BR,1BA | $935 |
| Centennial & Heritage Apartments | 1 bedroom | 1BR,1BA | $950 |
| Kraewood Flats - Rent Special | Poplar- 1 Bedroom Affordable | 1BR,1BA | $1,212 |
Best Value Apartments for Rent in Wood Hill, MN
As of January 21, 2026 the best value apartment in the Wood Hill area is the $1.78 price per square foot Two Bedroom Flat Model at Lakeville Court in the in the Wood Hill neighborhood starting from $1,599. The second greatest value Wood Hill apartment is the 1 bedroom Model at Centennial & Heritage Apartments starting at $950 with a $1.17 price per square foot in the Wood Hill neighborhood. Here is today’s list of the best values for Wood Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lakeville Court | Two Bedroom Flat | 2BR,1BA | $1.78 |
| Centennial & Heritage Apartments | 1 bedroom | 1BR,1BA | $1.17 |
| The Emery | C02.1 | 1BR,1BA | $2.25 |
| Northfield Estates | 2 Bedroom | 2BR,1BA | $1.17 |
| Old Town Apartments | B - 1 Bed 1 Bath | 1BR,1BA | $1.78 |
| LakeVillage Apartments | Lake Village 700 Square Feet | 1BR,1BA | $2.04 |
| Authentix Lakeville | 1 BR Horizon Courtyard | 1BR,1BA | $2.46 |
| Rye Apartments | Abruzzi | 1BR,1BA | $2.32 |
| Kraewood Flats - Rent Special | Birch-1 Bedroom w/Balcony | 1BR,1BA | $2.52 |
Frequently Asked Questions about Cheap Wood Hill Apartments
How much is rent for a Cheap One Bedroom Wood Hill Apartment?
The lowest price for a Cheap One Bedroom Wood Hill Apartment is $950 at Centennial & Heritage Apartments.
What is the lowest price for a Cheap Two Bedroom Wood Hill Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Wood Hill is starting from $935 at Northfield Estates.
What is the most affordable Wood Hill Three Bedroom Apartment?
The best deal on a cheap Wood Hill Three Bedroom Apartment rental is at LakeVillage Apartments and starts from $1,725.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.