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Lakeland, MN Homes for Rent

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  • 383 Queenan Ave S, Lakeland, MN 55043
    383 Queenan Ave S, Lakeland, MN 55043
    383 Queenan Ave S, Lakeland, MN 55043
    /16

    $1,850

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,800 Sq Ft
    • Townhouse for Rent

    383 Queenan Ave S, Lakeland, MN 55043

    Welcome Home! Large Side x Side Lakeland Rambler Duplex - 2 Bedrooms 1 Bathroom w/ Laundry. Wood and tile floor throughout. Exceptional storage. Off street parking. Renter pays utilities (Electric, gas, trash, phone, cable, Internet). Very nice clean home in a private neighborhood. Nearby convenience stores, Subway, post office, barber, butcher shop, liquor store and restaurant. Bike to

    383 Queenan Ave S, Lakeland, MN 55043
  • 16724 Upper 5th St N, Lakeland, MN 55043
    16724 Upper 5th St N, Lakeland, MN 55043
    16724 Upper 5th St N, Lakeland, MN 55043
    /9

    $2,100 Per Month

    • 2 Beds
    • 1 Bath
    • 1,149 Sq Ft
    • House for Rent

    16724 Upper 5th St N, Lakeland, MN 55043

    Nestled in scenic Lakeland, Minnesota, this well-maintained home offers a blend of privacy, functionality, and convenience just minutes from the St. Croix River and easy access to I-94. The property features comfortable main-level living, a practical layout, and a peaceful setting surrounded by mature trees. Enjoy a spacious yard ideal for relaxing or entertaining, along with flexible interior

    David Collier MetroHomesMarket.com

    16724 Upper 5th St N, Lakeland, MN 55043
  • 1721 Rivercrest Rd N, Lakeland, MN 55043
    1721 Rivercrest Rd N, Lakeland, MN 55043
    1721 Rivercrest Rd N, Lakeland, MN 55043
    /22

    $4,100

    Total Monthly Price

    • 3 Beds
    • 3 Baths
    • 2,237 Sq Ft
    • House for Rent

    1721 Rivercrest Rd N, Lakeland, MN 55043

    Available September 30th: Experience riverside living at its finest with this stunning 3-bedroom, 3-bathroom home at 1721 Rivercrest Rd N, Lakeland 55043, MN. Nestled in a serene neighborhood, this spacious 2,237 sq ft property offers both comfort and style. Enjoy the benefits of Lakeland's charming community, with easy access to scenic parks, local dining, and convenient shopping options just

    1721 Rivercrest Rd N, Lakeland, MN 55043
Minnesota Washington County

Homes for Rent in Lakeland, MN

Why Live in Lakeland

Lakeland, Minnesota, is a scenic community along the St. Croix River in the eastern Twin Cities metro area. The city has plenty of ramblers, split-levels, and traditional two-story homes on spacious lots. The community is served by Stillwater Area Public Schools, a highly rated district, and Afton-Lakeland Elementary School is in the area. Interstate 94 provides a direct route to downtown Saint Paul, which is less than 20 miles away. Minneapolis is about 25 miles out. Residents can visit Riverfront Beach and Park for swimming, the Belwin Conservancy for hiking and stargazing, Crocker Park for baseball and St. Mary’s Point Ice Arena for seasonal skating and hockey. The Afton-Lakeland Bike Trail connects the two cities, while Afton Alps ski resort and Afton State Park offer extensive slopes and hiking trails. People can attend community events like Harvest Fest in Stillwater, the Belwin Bison Festival, and Stillwater Lumberjack Days. Dining options nearby include the Bungalow Inn, La Maria Taqueria, San Pedro Cafe, LoLo American Kitchen & Craft Bar and Selma’s Ice Cream Parlour, which has been open since 1913.

Learn more about living in Lakeland

Frequently Asked Questions

How much does it cost to rent a home in Lakeland, MN?
The median rent for a home in Lakeland, MN is $1,975 per month, though prices vary by neighborhood, size, and property type. As of August 2026, townhouses tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Lakeland, MN?
To comfortably afford the median rent in Lakeland, MN, a household needs to earn roughly $79,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,975 per month in Lakeland, MN, renters typically need to show $5,925 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lakeland, MN?
In Lakeland, MN, the price-to-rent ratio is 16.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Lakeland, MN are best for renting a home?
The best neighborhood for renting in Lakeland, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Vista Hills, Warren, Beaver Lake and Battle Creek, each with its own character and price range.

Rental Trends in Lakeland, MN

There are currently 3 homes available for rent in Lakeland, MN. The median rent is $1,975 per month, with single-family homes renting at $3,100 and townhouses at $1,850.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,975
Median Single Family Home Rent
$3,100
Median Townhouse Rent
$1,850
How to Rent a Home

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