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Newest Homes for Rent in Lakeland, MN

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  • 235 Quality Ave N, Lakeland, MN 55043
    235 Quality Ave N, Lakeland, MN 55043
    235 Quality Ave N, Lakeland, MN 55043
    /3

    $2,795

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,196 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, a storage shed, a 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

    235 Quality Ave N, Lakeland, MN 55043
  • 1589 Racine Ave S, Lakeland, MN 55043
    1589 Racine Ave S, Lakeland, MN 55043
    1589 Racine Ave S, Lakeland, MN 55043
    /11

    $3,200 Plus Fees

    • 4 Beds
    • 2 Baths
    • 2,815 Sq Ft
    • House for Rent

    1589 Racine Ave S, Lakeland, MN 55043

    Property Id: 2538790This home was recently remodeled in 2025, it’s a block and a half off the St. Croix river with full access to a public swimming beach. It’s four bedroom with two bathroom some multilevel home great for families. It has a great big yard for those who like outside activities. It’s in a quiet family neighborhood.

    (651) 321-9402

    1589 Racine 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
  • 16610 8th St N Unit 2, Lakeland, MN 55043
    16610 8th St N Unit 2, Lakeland, MN 55043
    16610 8th St N Unit 2, Lakeland, MN 55043
    /18

    $1,000

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    16610 8th St N Unit 2, Lakeland, MN 55043

    Nestled on 1.25 acres of private property, this fourplex is the best of both worlds for those looking for seclusion as well as direct access to hotspots around the Twin Cities. A quiet residential area, Lakeland is located on the St. Croix, directly opposite Hudson, WI, and is perfect for walking. This home houses 4 units, on-site laundry, and additional storage space in the basement. Even a

    16610 8th St N Unit 2, Lakeland, MN 55043
Minnesota Washington County Lakeland

Newest Homes for Rent in Lakeland, MN

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 $2,100 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos 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 $84,000 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 $2,100 per month in Lakeland, MN, renters typically need to show $6,300 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 15.1, 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, Downtown, Kinnickinnic, Troy and Warren, each with its own character and price range.

Rental Home Trends in Lakeland, MN

There are currently 4 homes available for rent in Lakeland, MN. The median rent is $2,100 per month, with single-family homes renting at $2,650 and condos at $1,000.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$2,100
Median Single Family Home Rent
$2,650
Median Condo Rent
$1,000
How to Rent a Home

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