18 Walnut St
FarmingtonMN55024
Cheap Homes for Rent in Wood Hill Neighborhood of Lakeville, MN from $1,000 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Wood Hill area of Lakeville.
94 Viking Terrace
NorthfieldMN55057
20577 Erin Ct
FarmingtonMN55024
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.
345 Brutus Dr
LakevilleMN55044
503 Juliet Dr
LakevilleMN55044
51 Viking Terrace
NorthfieldMN55057
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.
20515 Chippendale Ave
FarmingtonMN55024
Showing Results 1-7, Page 1 of 1
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 | $2,225 | $1,725 | $2,725 |
| Wood Hill 3 Bedroom Homes for Rent | $2,430 | $1,720 | $3,550 |
| Wood Hill 4 Bedroom Homes for Rent | $3,300 | $2,300 | $3,950 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 3 mile radius of the Wood Hill Neighborhood of Lakeville, MN.
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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. Old Town Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. 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 | 2BR,1BA | $1,350 |
| Old Town Apartments | B - 1 Bed 1 Bath | 1BR,1BA | $1,350 |
| Authentix Lakeville | Studio Horizon Overlook | Studio,1BA | $1,449 |
Best Value Apartments for Rent in Wood Hill, MN
As of April 13, 2026 the best value apartment in the Wood Hill area is the $1.49 price per square foot 2 BD / 1.5 BA Model at The Oaks of Lakeville in the in the Wood Hill neighborhood starting from $1,595. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Oaks of Lakeville | 2 BD / 1.5 BA | 2BR,1.5BA | $1.49 |
| Marion Crossing | Two Bedroom Flat | 2BR,1BA | $1.78 |
| Centennial & Heritage Apartments | 2 BD/1 BA | 2BR,1BA | $1.72 |
| Old Town Apartments | B - 1 Bed 1 Bath | 1BR,1BA | $1.78 |
| The Emery Apartments | 1 Bedroom plus Den | 1BR,1BA | $2.43 |
| LakeVillage Apartments | Lake Village 700 Square Feet | 1BR,1BA | $2.08 |
| Rye Apartments | Abruzzi | 1BR,1BA | $2.46 |
| Kraewood Flats | Birch-1 Bedroom w/Balcony | 1BR,1BA | $2.61 |
| Authentix Lakeville | Studio Horizon Overlook | Studio ,1BA | $2.66 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
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Pet Friendly LifestyleWood Hill, Lakeville, MN
Ranked #9
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 Wood Hill
What type of rentals are currently available in Wood Hill?
There are currently 62 Apartments for Rent in Wood Hill, MN with pricing that ranges from $831 to $2,526. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wood Hill ranging from $1,095 to $3,950.
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 $1,095 to $3,950 with an average monthly rent of $2,262.
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
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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.