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$875 - $975
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Jun 1Geneva Village
6040 40th St NOakdale, MN 55128
Cheap Apartments for Rent in the Lakewood Village Neighborhood of Minneapolis, MN from $500 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood Village area of Minneapolis.
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Rent Specials
$1,051 - $1,351
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,049 - $1,349
Required Monthly Fees
$2
Total Monthly Price
$1,051 - $1,351
White Bear Manor Apartments
1820 Birch StWhite Bear Lake, MN 55110
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$1,064 - $1,702
Plus Fees
1 to 3 Bedroom Apartments Contact Us For AvailabilityCedarview Commons
2376 Ariel St NSt. Paul, MN 55109
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$1,095
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityArcadia Park Apartments
2177 Burke Ave ENorth St. Paul, MN 55109
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$1,104 - $1,629
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,100 - $1,625
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Village Manor Apartments
2327 11th Ave ENorth St. Paul, MN 55109
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.
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Studio to 2 Bedroom Apartments
Manitou Ridge Apartments
3149 McKnight Rd NWhite Bear Lake, MN 55110
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2 Bedroom Apartments
Bellaire Twin Homes
3111-3119 Bellaire AveMaplewood, MN 55109
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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
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 to 3 Bedroom Apartments
62+ Community Carefree Cottages of Maplewood
1801 Gervais AveMaplewood, MN 55109
Showing Results 1-11, 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 | $1,448 | $1,254 | $1,675 |
| Lakewood Village 1 Bedroom Apartments | $1,547 | $875 | $2,300 |
| Lakewood Village 2 Bedroom Apartments | $1,900 | $975 | $2,618 |
| Lakewood Village 3 Bedroom Apartments | $2,166 | $1,702 | $2,878 |
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 11 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 Village Manor Apartments priced from $1,104. Cherry Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,209. Here are the most affordable Lakewood Village apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village Manor Apartments | Hamlet | 1BR,1BA | $1,104 |
| Cherry Court Apartments | The Apple | 1BR,1BA | $1,209 |
| Northgate Crossing Apartments | Renovated Large 1 Bedroom | 1BR,1BA | $1,239 |
| Birch Park | Two Bedroom/One Bath | 2BR,1BA | $1,260 |
| White Bear Terrace | Two Bedroom 21A | 2BR,1BA | $1,265 |
Best Value Apartments for Rent in Lakewood Village, MN
As of May 25, 2026 the best value apartment in the Lakewood Village area is the $1.84 price per square foot C5 Model at The Sentinel Residence in the in the Ledgestone neighborhood starting from $2,299. The second greatest value Lakewood Village apartment is the Two Bedroom Model at Hoffman Place starting at $1,717 with a $1.38 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. |
|---|---|---|---|
| The Sentinel Residence | C5 | 2BR,2BA | $1.84 |
| Hoffman Place | Two Bedroom | 2BR,2BA | $1.38 |
| Article No. 7 | INK | 2BR,2BA | $1.84 |
| Lakewood Hills Apartments | 2/2 A | 2BR,2BA | $1.68 |
| COTTAGES OF NORTH ST PAUL | 2BR/1.0BA | 2BR,1BA | $1.45 |
| White Bear Terrace | Two Bedroom 21A | 2BR,1BA | $1.32 |
| Eastgate Apartments | 2 Bedroom Renovated | 2BR,1BA | $1.63 |
| White Bear Manor Apartments | 2BR/1BA | 2BR,1BA | $1.42 |
| Birch Park | Two Bedroom/One Bath Corner | 2BR,1BA | $1.60 |
| White Bear Royal | 1x1 760 | 1BR,1BA | $1.71 |
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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Enjoy 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.
Read ArticleReal 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 LifestyleLakewood Village, Minneapolis, MN
Ranked #123
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 $1,358.
What is the price of a cheap apartment in Lakewood Village?
The cheapest apartment in Lakewood Village is Village Manor Apartments which is listed at $1,104, while the average apartment in Lakewood Village costs $1,927.
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 13 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
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.