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$875 - $975
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Mar 15Geneva Village
6040 40th St NOakdale, MN 55128
Cheap Apartments for Rent in the Lakewood Village Neighborhood of Minneapolis, MN from $500 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood Village area of Minneapolis.
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$995 - $2,000
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$995 - $2,000
Total Monthly Price
$995 - $2,000
Cedric's Landing
5680 Hadley Ave NOakdale, MN 55128
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$1,049 - $1,399
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1 to 2 Bedroom Apartments Contact Us For AvailabilityWhite Bear Manor Apartments
1820 Birch StWhite Bear Lake, MN 55110
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$1,064 - $1,702
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1 to 3 Bedroom Apartments Contact Us For AvailabilityCedarview Commons
2376 Ariel St NSt. Paul, MN 55109
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$1,075
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Mar 13Pinehurst Apartments
1801-1821 Cedar AveWhite Bear Lake, MN 55110
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$1,075 - $1,750
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowPark Avenue Apartments
1480 Park StWhite Bear Lake, MN 55110
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.
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$1,075 - $1,295
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1 to 2 Bedroom Apartments Available NowArcadia Park Apartments
2177 Burke Ave ENorth St. Paul, MN 55109
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$1,104 - $1,610
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,099 - $1,605
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$5
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$1,104 - $1,610
Cherry Court Apartments
2095 Dotte DrWhite Bear Lake, MN 55110
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$1,105 - $1,630
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,100 - $1,625
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$5
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$1,105 - $1,630
Village Manor Apartments
2327 11th Ave ENorth St. Paul, MN 55109
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$1,150 - $1,550
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowWhite Bear Royal
3675 Highland AveWhite Bear Lake, MN 55110
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$1,195 - $1,585
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowCentral Village Apartments
2510-2514 E 7th AveSt. Paul, MN 55109
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$1,199 - $1,399
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$1,195 - $1,395
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$4
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$1,199 - $1,399
Northgate Crossing Apartments
2455 2nd St NNorth St. Paul, MN 55109
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.
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Studio to 2 Bedroom Apartments
Manitou Ridge Apartments
3149 McKnight Rd NWhite Bear Lake, MN 55110
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Studio to 1 Bedroom Apartments
Midtown Apartments
2500 E 7th St ENorth St. Paul, MN 55109
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1 to 2 Bedroom Apartments
Piccadilly Square 62+ Senior Living
70 Mahtomedi AveMahtomedi, MN 55115
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1 to 2 Bedroom Apartments
Cypress Senior Living Apartments
4994 Hamlet Ave NOakdale, MN 55128
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1 to 3 Bedroom Apartments
62+ Community Carefree Cottages of Maplewood
1801 Gervais AveMaplewood, MN 55109
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1 to 2 Bedroom Apartments
17th Avenue Flats
2635 Helen St NNorth St. Paul, MN 55109
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.
Showing Results 1-18, Page 1 of 1
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 | $1,367 | $995 | $1,675 |
| Lakewood Village 1 Bedroom Apartments | $1,534 | $875 | $2,300 |
| Lakewood Village 2 Bedroom Apartments | $1,885 | $975 | $2,606 |
| Lakewood Village 3 Bedroom Apartments | $2,458 | $1,702 | $2,944 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 18 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
- Nearby Minneapolis neighborhoods
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Cheapest Available Lakewood Village Apartments for Rent
The cheapest available apartment rental in the Lakewood Village area of Minneapolis, MN is a 1 Bed unit found at Arcadia Park Apartments priced from $1,075. 17th Avenue Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Lakewood Village apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arcadia Park Apartments | One bed One Bath | 1BR,1BA | $1,075 |
| 17th Avenue Flats | 1 BR | 1BR,1BA | $1,100 |
| Cherry Court Apartments | Studio | Studio,1BA | $1,104 |
| White Bear Royal | 1x1 760 | 1BR,1BA | $1,150 |
| Boulders Senior Living Apartments | 1BR B | 1BR,1BA | $1,175 |
Best Value Apartments for Rent in Lakewood Village, MN
As of February 24, 2026 the best value apartment in the Lakewood Village area is the $1.40 price per square foot Three Bedroom Model at Hoffman Place in the in the Hoffmans Corner neighborhood starting from $1,978. The second greatest value Lakewood Village apartment is the Townhome Model at Park Avenue Apartments starting at $1,500 with a $1.44 price per square foot in the Hoffmans Corner 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. |
|---|---|---|---|
| Hoffman Place | Three Bedroom | 3BR,3BA | $1.40 |
| Park Avenue Apartments | Townhome | 2BR,2BA | $1.44 |
| Cedric's Landing | 1 Bedroom, 2 Bathrooms | 1BR,2BA | $1.71 |
| Vista Point | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.86 |
| White Bear Terrace | Two Bedroom 21A | 2BR,1BA | $1.26 |
| Griffin Court Apartments | 2 Bedroom A | 2BR,1BA | $1.47 |
| Birch Park | Two Bedroom/One Bath Corner | 2BR,1BA | $1.60 |
| 17th Avenue Flats | 1 BR | 1BR,1BA | $1.35 |
| White Bear Royal | 1x1 760 | 1BR,1BA | $1.51 |
| Arcadia Park Apartments | One bed One Bath | 1BR,1BA | $1.79 |
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.
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The 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.
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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 ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
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Pet Friendly LifestyleLakewood Village, Minneapolis, MN
Ranked #122
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Lakewood Village Apartments
What is a cheap apartment in Lakewood Village?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakewood Village is under $1,295.
What is the price of a cheap apartment in Lakewood Village?
The cheapest apartment in Lakewood Village is Arcadia Park Apartments which is listed at $1,075, while the average apartment in Lakewood Village costs $2,795.
What types of apartments are the cheapest in Lakewood Village?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Lakewood Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
Helpful Local Expert Guides
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.
Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.
Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Articles, How-To's, and Tips
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.
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.