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Lakeland, MN Homes for Rent

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  • 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
  • 235 Quality Ave N, Lakeland, MN 55043
    235 Quality Ave N, Lakeland, MN 55043
    235 Quality Ave N, Lakeland, MN 55043
    /17

    $2,800

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • House for Rent

    235 Quality Ave N, Lakeland, MN 55043

    This charming rambler-style home in Lakeland, Minnesota offers comfortable living in a quiet, family-friendly neighborhood. The home features 3+ bedrooms, 2 bathrooms, 2 spacious living rooms, a 2-car garage, storage shed, large deck, and a laundry/utility room complete with washer, dryer, and shelving for storage.Situated on approximately a half-acre corner lot, the property is directly

    235 Quality Ave N, Lakeland, MN 55043
Minnesota Washington County Lakeland

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 $2,450 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option.
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 $98,000 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 $2,450 per month in Lakeland, MN, renters typically need to show $7,350 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 13.2, 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 Warren, Battle Creek, Kinnickinnic and Beaver Lake, each with its own character and price range.

Rental Trends in Lakeland, MN

There are currently 2 homes available for rent in Lakeland, MN. The median rent is $2,450 per month, with single-family homes renting at $2,450.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,450
Median Single Family Home Rent
$2,450
How to Rent a Home

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