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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
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    $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
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 $2,795 per month, though prices vary by neighborhood, size, and property type. As of June 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 $111,800 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 $2,795 per month in Lakeland, MN, renters typically need to show $8,385 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 11.3, 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, Troy, Warren and Beaver Lake, each with its own character and price range.

Rental Home Trends in Lakeland, MN

There are currently 3 homes available for rent in Lakeland, MN. The median rent is $2,795 per month, with single-family homes renting at $2,795.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$2,795
Median Single Family Home Rent
$2,795
How to Rent a Home

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