Cheap Apartments for Rent in the Wood Hill Neighborhood of Lakeville, MN from $800 (24 Rentals)

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

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The Oaks of Lakeville
Rent Specials
$1,295 - $1,625
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295 - $1,625

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Jun 22

The Oaks of Lakeville

20464 Iberia AveLakeville, MN 55044
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Authentix Lakeville
Rent Specials
$1,326 - $2,528
Total Monthly Price

Total Monthly Price

Base Rent
$1,180 - $2,382
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Authentix Lakeville

11656 207th St WLakeville, MN 55044
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Colonial Apartments
1 to 2 Bedroom Apartments

Colonial Apartments

20596 Hollins Ave WLakeville, MN 55044
  • Utilities Included
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Colonial Apartments
1 to 2 Bedroom Apartments

Colonial Apartments

20612 Hollins Ave WLakeville, MN 55044
  • Utilities Included
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Evergreen Apartments
Studio to 2 Bedroom Apartments

Evergreen Apartments

8590 208th St WLakeville, MN 55044
  • Utilities Included

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.

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Village Dweller
1 to 2 Bedroom Apartments

Village Dweller

20966-20968 Holt AveLakeville, MN 55044
  • Utilities Included
property at 504 Juliet Dr

$1,785

Total Monthly Price

Total Monthly Price

Base Rent
$1,785

Total Monthly Price
$1,785

3 Bedroom, 2 Bath Home for Rent

Available Now

504 Juliet Dr

LakevilleMN55044
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Northfield Estates
$952 - $1,027
Total Monthly Price

Total Monthly Price

Base Rent
$935 - $1,010
Required Monthly Fees
$17

Total Monthly Price
$952 - $1,027
2 Bedroom Apartments Available Jul 24

Northfield Estates

710-740 N Highway 3Northfield, MN 55057
  • Verified
  • Customer Reviewed
property at 808 2nd St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

808 2nd St

FarmingtonMN55024

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.

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Rye Apartments
Rent Specials
$1,655 - $2,155
Total Monthly Price

Total Monthly Price

Base Rent
$1,655 - $2,155

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Rye Apartments

21401 Dushane PkyFarmington, MN 55024
  • Verified
  • 3D Tour
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Summerfield Apartments
Studio to 3 Bedroom Apartments

Summerfield Apartments

951 Ensley AveNorthfield, MN 55057
  • Utilities Included
property at 51 Viking Terrace

$1,320

Total Monthly Price

Total Monthly Price

Base Rent
$1,320

Total Monthly Price
$1,320

3 Bedroom, 2 Bath Home for Rent

Available Now

51 Viking Terrace

NorthfieldMN55057
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Trinity Terrace
1 to 2 Bedroom Apartments

Trinity Terrace

3330 213th St WFarmington, MN 55024
Senior Living
  • Utilities Included
property at 220 1st St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 2 Bath Townhome for Rent

Available Now

220 1st St

FarmingtonMN55024
property at 20607 Claire Ct

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

3 Bedroom, 1.5 Bath Townhome for Rent

Available Now

20607 Claire Ct

FarmingtonMN55024

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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.

Wood Hill, Lakeville, MN Local Guide

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 Centennial & Heritage Apartments priced from $1,350. LakeVillage Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,455. Here are the most affordable Wood Hill apartments for rent in Lakeville, MN:

Apartment ListingModel NameBed/BathPriced From
Centennial & Heritage Apartments2 BD/1 BA (720)2BR,1BA$1,350
LakeVillage ApartmentsLake Village 700 Square Feet1BR,1BA$1,455
Authentix Lakeville1 BR Horizon Overlook1BR,1BA$1,500
Farmington Family Townhomes2 Bedroom Tax Credit2BR,1BA$1,521
Marion CrossingTwo Bedroom Flat2BR,1BA$1,599

Best Value Apartments for Rent in Wood Hill, MN

As of June 06, 2026 the best value apartment in the Wood Hill area is the $1.69 price per square foot D1 Glenwood Model at The Crossing at Ritter Meadows in the in the Wood Hill neighborhood starting from $3,325. The second greatest value Wood Hill apartment is the Two Bedroom Flat Model at Marion Crossing starting at $1,599 with a $1.78 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Crossing at Ritter MeadowsD1 Glenwood3BR,2.5BA$1.69
Marion CrossingTwo Bedroom Flat2BR,1BA$1.78
Centennial & Heritage Apartments2 BD/1 BA (715)2BR,1BA$1.89
Rye ApartmentsDanko1BR,1BA$2.35
LakeVillage ApartmentsLake Village 700 Square Feet1BR,1BA$2.08
Kraewood Flats - Summer Rent Special through July 31 2026Birch-1 Bedroom w/Balcony1BR,1BA$2.61
Authentix LakevilleStudio Horizon OverlookStudio ,1BA$2.44

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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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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Quick Rent Budget Calculator

How much rent can you afford?

The 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.

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Pet Friendly Lifestyle
Wood Hill, Lakeville, MN

Ranked #8

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 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 $1,455 at LakeVillage 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 $1,350 at Centennial & Heritage Apartments.

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 $1,755.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.