Cheap Apartments for Rent in the Lakewood Village Neighborhood of Minneapolis, MN from $500 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lakewood Village area of Minneapolis.

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Village Manor Apartments
Rent Specials
$1,110 - $1,630
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,105 - $1,625
Required Monthly Fees
$5

Total Monthly Price
$1,110 - $1,630
1 to 2 Bedroom Apartments Available Nov 17

Village Manor Apartments

2327 11th Ave ENorth St. Paul, MN 55109
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Northgate Crossing Apartments
Rent Specials
$1,199 - $1,399
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,395
Required Monthly Fees
$4

Total Monthly Price
$1,199 - $1,399
1 to 2 Bedroom Apartments Available Now

Northgate Crossing Apartments

2455 2nd St NNorth St. Paul, MN 55109
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  • Utilities Included
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Cedrics Landing
$1,200 - $2,035
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $2,035

Total Monthly Price
$1,200 - $2,035
Studio to 2 Bedroom Apartments Available Now

Cedrics Landing

5680 Hadley Ave NOakdale, MN 55128
Family Friendly
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Manitou Ridge Apartments
Studio to 2 Bedroom Apartments

Manitou Ridge Apartments

3149 McKnight Rd NWhite Bear Lake, MN 55110
  • Utilities Included
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Midtown Apartments
Studio to 1 Bedroom Apartments

Midtown Apartments

2500 E 7th St ENorth St. Paul, MN 55109
  • Utilities Included
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17th Avenue Flats
1 to 2 Bedroom Apartments

17th Avenue Flats

2635 Helen St NNorth St. Paul, MN 55109

Lakewood Village, Minneapolis, MN Local Guide

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 Geneva Village priced from $875. Cedarview Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,064. Here are the most affordable Lakewood Village apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Geneva Village1 Bed, 1 bath1BR,1BA$875
Cedarview Commons1 Bedroom Small1BR,1BA$1,064
White Bear Royal1x1 7601BR,1BA$1,100
Boulders Senior Living Apartments1BR B1BR,1BA$1,175
Cedrics LandingStudioStudio,1BA$1,200

Best Value Apartments for Rent in Lakewood Village, MN

As of November 16, 2025 the best value apartment in the Lakewood Village area is the $1.30 price per square foot Two Bedroom Model at Hoffman Place in the in the Hoffmans Corner neighborhood starting from $1,610. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Hoffman PlaceTwo Bedroom2BR,2BA$1.30
Park Avenue ApartmentsTownhome2BR,2BA$1.44
Vista Point2 Bedroom 2 Bathroom2BR,2BA$1.69
White Bear Royal2X1.5 10002BR,1.5BA$1.50
White Bear TerraceTwo Bedroom 21A2BR,1BA$1.26
White Bear Manor Apartments2BR/1BA2BR,1BA$1.43
Arcadia Park ApartmentsTwo Bed One Bath2BR,1BA$1.44
Birch ParkTwo Bedroom/One Bath Corner2BR,1BA$1.60
Bellaire EstatesRenovated 2 Bedroom 1 Bath2BR,1BA$1.66
Geneva Village1 Bed, 1 bath1BR,1BA$1.27

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lakewood Village, Minneapolis, MN

Ranked #113

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $1,300.

What is the price of a cheap apartment in Lakewood Village?

The cheapest apartment in Lakewood Village is Geneva Village which is listed at $875, while the average apartment in Lakewood Village costs $2,250.

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 18 regular apartments in Lakewood Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lakewood Village?

Cheap apartments in Lakewood Village have an average cost of $378 which is $1,872 cheaper than the average rent for all rentals in Lakewood Village.

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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.