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from $1,015Studio to 2 Bedroom Apartments Available Jun 7
Cedrics Landing
5680 Hadley Ave NOakdale, MN 55128
Cheap Apartments for Rent in the Lakewood Village Neighborhood of Minneapolis, MN from $500 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood Village area of Minneapolis.
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from $1,1991 to 2 Bedroom Apartments Available Now
Bellaire Estates
4020-4040 Bellaire AveWhite Bear Lake, MN 55110
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Lakewood Village, Minneapolis, MN Local Guide
Target Field
in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent an apartment in Lakewood Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood Village Studio Apartments | $1,485 | $1,015 | $1,875 |
| Lakewood Village 1 Bedroom Apartments | $1,806 | $1,199 | $2,460 |
| Lakewood Village 2 Bedroom Apartments | $2,245 | $1,299 | $3,000 |
| Lakewood Village 3 Bedroom Apartments | $3,088 | $2,575 | $3,442 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Lakewood Village Neighborhood of Minneapolis, MN.
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Lakewood Village, Minneapolis, MN Local Guide
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Best Value Apartments for Rent in Lakewood Village, MN
As of June 04, 2025 the best value apartment in the Lakewood Village area is the $1.65 price per square foot 2X1 940 Model at White Bear Royal in the in the Hoffmans Corner neighborhood starting from $1,550. The second greatest value Lakewood Village apartment is the A4 Model at The Sentinel Residence starting at $1,635 with a $2.06 price per square foot in the Ledgestone neighborhood. Here is today’s list of the best values for Lakewood Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| White Bear Royal | 2X1 940 | 2BR,1BA | $1.65 |
| The Sentinel Residence | A4 | 1BR,1BA | $2.06 |
| Frost English Silver 55+ | Maple | 1BR,1BA | $2.08 |
| Bellaire Estates | Renovated 1 Bedroom 1 Bath | 1BR,1BA | $1.81 |
| Oberon | A1 | 1BR,1BA | $2.42 |
| Trails Edge of Maplewood | Studio | Studio ,1BA | $2.58 |
| The Espen Residences | Cypress | Studio ,1BA | $2.79 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleLakewood Village, Minneapolis, MN
Ranked #204
Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Lakewood Village Apartments
What is the Cheapest Studio apartment in Lakewood Village?
Currently the most affordable Cheap Studio Apartment in Lakewood Village is at The Espen Residences listed at $1,337.
How much is rent for a Cheap One Bedroom Lakewood Village Apartment?
The lowest price for a Cheap One Bedroom Lakewood Village Apartment is $1,299 at Bellaire Estates.
What is the lowest price for a Cheap Two Bedroom Lakewood Village Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lakewood Village is starting from $1,299 at Bellaire Estates.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.