9

Studio Apartments for Rent in Lakeville, MN

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    Starting at $1,406

    Total Monthly Price

    • 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

    10805 173rd St W, Lakeville, MN 55044
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    Starting at $1,471

    Total Monthly Price

    • Studio - 3 Beds

    17400 Glacier Way, Lakeville, MN 55044

    Springs at Lakeville is a gated, garden-style apartment community in Lakeville, Minnesota, in the Minneapolis/Twin Cities metro. Residents enjoy private entry living with an in-home washer/dryer, a private balcony or patio, and a professional onsite team. Springs at Lakeville offers studio, one, two, and three bedroom floor plans. Pricing varies by floor plan, lease length, and availability. The

    Springs at Lakeville

    17400 Glacier Way, Lakeville, MN 55044
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    Starting at $1,333

    Total Monthly Price

    • Studio - 3 Beds

    11656 207th St W, Lakeville, MN 55044

    Authentix Lakeville is a garden-style apartment community in Lakeville, Minnesota, in the Minneapolis/Twin Cities metro. The community offers ground-floor, direct-entry homes with an in-home washer/dryer, a private balcony or patio, and a professional onsite team. Authentix Lakeville offers studio, one, two, and three bedroom floor plans. Pricing varies by floor plan, lease length, and

    Authentix Lakeville

    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 $2,700 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and 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 $108,000 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 $2,700 per month in Lakeville, MN, renters typically need to show $8,100 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 16.4, 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

Number of Homes for Rent
3
Median Rent
$2,700
Median Single Family Home Rent
$2,995
Median Townhouse Rent
$2,225
Median Condo Rent
$1,695
How to Rent a Home