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$875 - $975
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Aug 1Geneva Village
6040 40th St NOakdale, MN 55128
Cheap Apartments for Rent in the Lakewood Village Neighborhood of Minneapolis, MN from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood Village area of Minneapolis.
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$1,056 - $2,116
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,056 - $2,116
Total Monthly Price
$1,056 - $2,116
Cedric's Landing
5680 Hadley Ave NOakdale, MN 55128
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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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$1,071 - $1,411
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,069 - $1,409
Required Monthly Fees
$2
Total Monthly Price
$1,071 - $1,411
White Bear Manor Apartments
1820 Birch StWhite Bear Lake, MN 55110
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$1,094 - $1,369
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1 to 2 Bedroom Apartments Available Jul 24Total Monthly Price
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$1,075 - $1,350
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Pinehurst Apartments
1801-1821 Cedar AveWhite Bear Lake, MN 55110
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$1,119 - $1,449
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,115 - $1,445
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Northgate Crossing Apartments
2455 2nd St NNorth 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
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1 to 2 Bedroom Apartments
Village Manor Apartments
2327 11th Ave ENorth St. Paul, MN 55109
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.
Showing Results 1-12, 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 | $1,425 | $1,056 | $1,675 |
| Lakewood Village 1 Bedroom Apartments | $1,552 | $875 | $2,685 |
| Lakewood Village 2 Bedroom Apartments | $1,926 | $975 | $2,694 |
| Lakewood Village 3 Bedroom Apartments | $2,227 | $1,702 | $2,719 |
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 12 rentals with your search options within a 2 mile radius of the Lakewood Village Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
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 Studio unit found at Cedric's Landing priced from $1,056. Village Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,104. Here are the most affordable Lakewood Village apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedric's Landing | Studio, 1 Bathroom | Studio,1BA | $1,056 |
| Village Manor Apartments | Hamlet | 1BR,1BA | $1,104 |
| Cherry Court Apartments | The Apple | 1BR,1BA | $1,208 |
| White Bear Terrace | Two Bedroom 21A | 2BR,1BA | $1,230 |
| Northgate Crossing Apartments | Renovated Medium 1 Bedroom | 1BR,1BA | $1,239 |
Best Value Apartments for Rent in Lakewood Village, MN
As of July 10, 2026 the best value apartment in the Lakewood Village area is the $1.00 price per square foot 4806 Helmo Ave N Model at 4806 Helmo Ave N, Unit Large Lower Level Apartment in the in the Ledgestone neighborhood starting from $1,500. The second greatest value Lakewood Village apartment is the 2 Bedroom - 2B Model at Maple Ridge Apartment Homes starting at $1,850 with a $1.62 price per square foot in the White Bear Lake 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. |
|---|---|---|---|
| 4806 Helmo Ave N, Unit Large Lower Level Apartment | 4806 Helmo Ave N | 1BR,1BA | $1.00 |
| Maple Ridge Apartment Homes | 2 Bedroom - 2B | 2BR,2BA | $1.62 |
| Hoffman Place | Two Bedroom | 2BR,2BA | $1.62 |
| Vista Point | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.71 |
| COTTAGES OF NORTH ST PAUL | 2BR/1.0BA | 2BR,1BA | $1.55 |
| White Bear Terrace | Two Bedroom 21A | 2BR,1BA | $1.28 |
| White Bear Royal | 2X1 940 | 2BR,1BA | $1.65 |
| White Bear Manor Apartments | 2BR/1BA | 2BR,1BA | $1.45 |
| Birch Park | Two Bedroom/One Bath Corner | 2BR,1BA | $1.60 |
| Bellaire Estates | Renovated 2 Bedroom 1 Bath | 2BR,1BA | $1.66 |
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 #124
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 $1,420.
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 $2,245.
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 10 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 Insider's 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
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.