
Cheap Apartments for Rent in the Wood Hill Neighborhood of Lakeville, MN from $800 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Wood Hill area of Lakeville.


Total Monthly Price
Authentix Lakeville

LakeVillage Apartments

Marion Crossing

Colonial Apartments

Village Dweller Apartments
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.

Colonial Apartments

Evergreen Apartments

Village Dweller

504 Juliet Dr

733 Juliet Dr

801 MacBeth Cir
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Market Village Senior Residence 55+

Total Monthly Price
Northfield Estates

Kraewood Flats

401 Highland Ave W

3882 321st St W

808 2nd St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Centennial & Heritage Apartments

Old Town Apartments

The Emery Apartments

Total Monthly Price
Rye Apartments

3rd Street, Farmington (1020) SW JC

Summerfield Apartments
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.

Trinity Terrace

Farmington Family Townhomes

220 1st St
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 | $1,384 | $1,138 | $1,478 |
| Wood Hill 1 Bedroom Apartments | $1,519 | $831 | $1,842 |
| Wood Hill 2 Bedroom Apartments | $1,973 | $1,027 | $2,850 |
| Wood Hill 3 Bedroom Apartments | $3,084 | $1,755 | $3,535 |
| Wood Hill 4 Bedroom Apartments | $3,977 | $3,935 | $4,100 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 3 mile radius of the Wood Hill Neighborhood of Lakeville, MN.
See all Apartments in LakevilleExplore Lakeville
Wood Hill, Lakeville, MN Local Guide
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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 Centennial & Heritage Apartments priced from $1,350. Authentix Lakeville has the second lowest priced unit, which is a Studio apartment currently listed from $1,409. Here are the most affordable Wood Hill apartments for rent in Lakeville, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Centennial & Heritage Apartments | 2 BD/1 BA (720) | 2BR,1BA | $1,350 |
| Authentix Lakeville | Studio Horizon Courtyard | Studio,1BA | $1,409 |
| Old Town Apartments | C2 - 1 Bed 1 Bath | 1BR,1BA | $1,450 |
| LakeVillage Apartments | Lake Village 700 Square Feet | 1BR,1BA | $1,455 |
| The Oaks of Lakeville | 2 BD / 1.5 BA | 2BR,1BA | $1,475 |
| Farmington Family Townhomes | 2 Bedroom Tax Credit | 2BR,1BA | $1,521 |
| Kraewood Flats | Birch-1 Bedroom w/Balcony | 1BR,1BA | $1,550 |
| Marion Crossing | Two Bedroom Flat | 2BR,1BA | $1,599 |
| Rye Apartments | Danko | 1BR,1BA | $1,695 |
| The Emery Apartments | Two Bedroom | 2BR,2BA | $2,275 |
Best Value Apartments for Rent in Wood Hill, MN
As of July 26, 2026 the best value apartment in the Wood Hill area is the $1.71 price per square foot C1 Tamarack Model at The Crossing at Ritter Meadows in the in the Wood Hill neighborhood starting from $2,725. The second greatest value Wood Hill apartment is the Two Bedroom Model at The Emery Apartments starting at $2,275 with a $1.81 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. |
|---|---|---|---|
| The Crossing at Ritter Meadows | C1 Tamarack | 2BR,2.5BA | $1.71 |
| The Emery Apartments | Two Bedroom | 2BR,2BA | $1.81 |
| Farmington Family Townhomes | 2 Bedroom Tax Credit | 2BR,1BA | $1.22 |
| The Oaks of Lakeville | 2 BD / 1.5 BA | 2BR,1.5BA | $1.38 |
| Marion Crossing | Two Bedroom Flat | 2BR,1BA | $1.78 |
| Old Town Apartments | B - 1 Bed 1 Bath | 1BR,1BA | $1.91 |
| Centennial & Heritage Apartments | 2 BD/1 BA (715) | 2BR,1BA | $1.89 |
| Rye Apartments | Danko | 1BR,1BA | $2.40 |
| LakeVillage Apartments | Lake Village 700 Square Feet | 1BR,1BA | $2.08 |
| Authentix Lakeville | Studio Horizon Courtyard | Studio ,1BA | $2.52 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleWood Hill, Lakeville, MN
Ranked #8
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Wood Hill, Lakeville, MN
School data provided by Great Schools
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 $1,450 at Old Town 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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.