4

Studio Apartments for Rent in Lakeville, MN

Section Image
  • /89

    Starting at $1,463

    Total Monthly Price

    • Studio - 3 Beds

    18400 Orchard Trail, Lakeville, MN 55044

    Find your retreat at Northlake Lofts. Here you can indulge in an incredible mix of amenities that offer recreation and relaxation without the up north commute. Your cozy new apartment home delivers the rustic warmth of a lakeside retreat with convenient suburban living in Lakeville, Minnesota.

    Northlake Lofts

    (952) 283-0678

    18400 Orchard Trail, Lakeville, MN 55044
  • /55

    Starting at $1,428 Plus Fees

    • Studio - 3 Beds

    10805 173rd St W, Lakeville, MN 55044

    Located in Lakeville, MN, Arris Apartments offers studio, one, two, and three-bedroom apartment homes to elevate your living experience. Enjoy a variety of modern in-home finishes, like stainless steel appliances, quartz countertops, white cabinetry, large closets, and washer/dryer sets, as well as thoughtfully designed common spaces. Bring your pets, too we welcome all four-legged residents with

    Arris Lakeville

    (952) 283-0623

    10805 173rd St W, Lakeville, MN 55044
  • /50

    Starting at $1,467

    Total Monthly Price

    • Studio - 3 Beds

    17400 Glacier Way, Lakeville, MN 55044

    Springs at Lakeville is beautiful apartment community located in Lakeville, MN. You'll feel right at home the moment you step foot inside your Springs at Lakeville apartment offering studio, 1, 2 and 3 bedroom floor plans with a townhouse feel. Your spacious apartment includes design touches and quality finishes with optional private balconies or patios overlooking an inviting park-like setting,

    Springs at Lakeville

    (952) 283-0882

    17400 Glacier Way, Lakeville, MN 55044
  • /48

    Starting at $1,397

    Total Monthly Price

    • Studio - 3 Beds

    11656 207th St W, Lakeville, MN 55044

    Authentix Lakeville is a beautiful, premium apartment community located in Lakeville, MN. The community offers great amenities such as a resort-style swimming pool, community clubhouse, and a state-of-the-art fitness center.

    Authentix Lakeville

    (952) 592-9718

    11656 207th St W, Lakeville, MN 55044

Why Live in Lakeville

Lakeville, Minnesota, located in Dakota County, is home to approximately 73,000 residents and offers a suburban lifestyle with proximity to urban amenities. The city is known for its highly rated schools, including Lakeville Public Schools, Rosemount-Apple Valley-Eagan Schools, Lakeville North High School, and Lakeville South High School. Lakeville North High School features a STEM Biomedical Program, providing hands-on learning opportunities. The city boasts a variety of home styles, from newer craftsman-style homes to mid-20th-century Cape Cods, split-levels, and ranch-style homes, many of which are situated in waterfront communities like Lake Marion and Orchard Lake. Lakeville's downtown area on Holyoke Avenue features local eateries such as Tapestry Coffee, Babe’s Music Bar, and Lakeview Brewing Company. Residents enjoy numerous things to do, including outdoor activities at over 1,800 acres of public parks and 42 miles of walking and bike paths. Lake Marion is popular for boating and beach activities, while winter sports can be enjoyed at Lakeville Ames Arena. Cultural events are hosted at the Lakeville Area Arts Center, and golf enthusiasts can visit Crystal Lake Golf Club. Annual events like the Live at the Lake Summer Performance Series and the Pan-O-Prog festival bring the community together. The Lakeville Farmers Market offers fresh produce and goods during the summer months. Lakeville is safer than the national average, with lower violent crime rates compared to Minnesota and the U.S. Interstate 35 provides access to downtown Minneapolis, 25 miles away, and the Minneapolis-Saint Paul International Airport is 20 miles away.

Frequently Asked Questions

How much does it cost to rent a home in Lakeville, MN?
The median rent for a home in Lakeville, MN is $2,760 per month, though prices vary by neighborhood, size, and property type. As of May 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 Lakeville, MN?
To comfortably afford the median rent in Lakeville, MN, a household needs to earn roughly $110,400 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 $2,760 per month in Lakeville, MN, renters typically need to show $8,280 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 Lakeville, MN?
In Lakeville, MN, the price-to-rent ratio is 15.9, 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 Lakeville, MN are best for renting a home?
The best neighborhood for renting in Lakeville, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include West Bloomington and South Loop, each with its own character and price range.

Rental Home Trends in Lakeville, MN

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$2,760
Median Single Family Home Rent
$3,075
Median Townhouse Rent
$2,100
How to Rent a Home