401 Highland Ave W
NorthfieldMN55057
Cheap Homes for Rent in the Wood Hill Neighborhood of Lakeville, MN from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Wood Hill area of Lakeville.
51 Viking Terrace
NorthfieldMN55057
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.
504 Juliet Dr
LakevilleMN55044
220 1st 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.
733 Juliet Dr
LakevilleMN55044
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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 | $1,850 | $1,850 | $1,850 |
| Wood Hill 3 Bedroom Homes for Rent | $2,015 | $1,320 | $2,700 |
| Wood Hill 4 Bedroom Homes for Rent | $3,217 | $2,600 | $4,495 |
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 5 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
- Nearby Lakeville neighborhoods
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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 1 Bed unit found at The Oaks of Lakeville priced from $1,295. Centennial & Heritage Apartments has the second lowest priced unit, which is a 2 Beds 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 |
|---|---|---|---|
| The Oaks of Lakeville | 1 BD / 1 BA | 1BR,1BA | $1,295 |
| Centennial & Heritage Apartments | 2 BD/1 BA (720) | 2BR,1BA | $1,350 |
| Authentix Lakeville | 1 BR Horizon Overlook | 1BR,1BA | $1,391 |
Best Value Apartments for Rent in Wood Hill, MN
As of July 12, 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 2 Bedroom Tax Credit Model at Farmington Family Townhomes starting at $1,521 with a $1.22 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 |
| Farmington Family Townhomes | 2 Bedroom Tax Credit | 2BR,1BA | $1.22 |
| Marion Crossing | Two Bedroom Flat | 2BR,1BA | $1.78 |
| The Oaks of Lakeville | 1 BD / 1 BA | 1BR,1BA | $1.66 |
| The Emery Apartments | 1 Bedroom plus Den | 1BR,1BA | $2.47 |
| 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 |
| Kraewood Flats | Birch-1 Bedroom w/Balcony | 1BR,1BA | $2.61 |
| Authentix Lakeville | Studio Horizon Courtyard | Studio ,1BA | $2.53 |
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 Article
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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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 $4,100. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wood Hill ranging from $1,200 to $4,495.
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 $1,200 to $4,495 with an average monthly rent of $2,070.
How much are larger Three and Four Bedroom Rentals in Wood Hill?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wood Hill range from $1,755 to $3,535, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,320 to $2,700. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $3,950.
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
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.
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.