
Cheap Homes for Rent in Wood Hill Neighborhood of Lakeville, MN from $1,400 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Wood Hill area of Lakeville.


20505 Erin Ct

20505 Erin Ct
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.

325 Brutus Dr

51 Viking Terrace

437 Romeo Dr
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 a home in Wood Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wood Hill 2 Bedroom Homes for Rent | $1,893 | $1,400 | $2,725 |
| Wood Hill 3 Bedroom Homes for Rent | $2,292 | $1,779 | $3,075 |
| Wood Hill 4 Bedroom Homes for Rent | $2,758 | $2,360 | $2,995 |
Browse Homes for Rent 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.
Explore Lakeville
Wood Hill, Lakeville, MN Local Guide
- Nearby Lakeville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Wood Hill Apartments for Rent
 The cheapest available apartment rental in the Wood Hill area of Lakeville, MN is a 1 Bed unit found at Centennial & Heritage Apartments priced from $950. Kraewood Flats - Rent Special has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,212. Here are the most affordable Wood Hill apartments for rent in Lakeville, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Centennial & Heritage Apartments | 1 bedroom | 1BR,1BA | $950 |
| Kraewood Flats - Rent Special | Oak-1 Bedroom Accessible Handicap Affordable | 1BR,1BA | $1,212 |
| Old Town Apartments | B - 1 Bed 1 Bath | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Wood Hill, MN
As of January 12, 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 |
| Old Town Apartments | B - 1 Bed 1 Bath | 1BR,1BA | $1.78 |
| The Emery | C01 + Den | 1BR,1BA | $2.37 |
| LakeVillage Apartments | Lake Village 700 Square Feet | 1BR,1BA | $2.04 |
| Authentix Lakeville | 1 BR Horizon Courtyard | 1BR,1BA | $2.52 |
| Rye Apartments | Abruzzi | 1BR,1BA | $2.32 |
| Kraewood Flats - Rent Special | Birch-1 Bedroom w/Balcony | 1BR,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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 #10
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Wood Hill, Lakeville, MN
School data provided by Great Schools
Frequently Asked Questions about Wood Hill
What type of rentals are currently available in Wood Hill?
There are currently 61 Apartments for Rent in Wood Hill, MN with pricing that ranges from $820 to $2,730. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wood Hill ranging from $1,400 to $3,075.
What is the current price range for Rental Homes in Wood Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wood Hill ranges from $1,400 to $3,075 with an average monthly rent of $2,314.
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 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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!