10

Studio Apartments for Rent in Lakeville, MN

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  • /89

    Starting at $1,573

    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

    18400 Orchard Trail, Lakeville, MN 55044
  • /55

    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
  • /55

    Starting at $1,483

    Total Monthly Price

    • Studio - 3 Beds

    16255 Kenyon Ave, Lakeville, MN 55044

    Discover serene lakeside living at Lakeside Flats, nestled along the shores of Lee Lake in Lakeville, MN. Our modern apartments offer a perfect blend of nature and comfort, featuring spacious layouts, premium finishes, and thoughtfully designed amenities. Enjoy scenic views, access to walking trails, and a welcoming community designed with your lifestyle in mind. Whether you’re enjoying time

    Lakeside Flats

    16255 Kenyon Ave, Lakeville, MN 55044
  • /48

    Starting at $1,383

    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, is a Twin Cities suburb known for suburban living and easy access to lakeside fun. Parks are a big part of daily life, especially around Lake Marion, where people spend time fishing, boating and relaxing on the beach. Antlers Park has a swimming beach and a pier, while Juno Trail runs along the western shore and links joggers and bikers to nearby green spaces like Casperson Park. Aronson Park serves as a community sports hub, and Steve Michaud Park is known for its zip line. Ritter Farm Park draws horse owners for its equestrian trails. Home styles include ramblers, split-levels, traditional two-story houses and New Traditional homes, many built after 1980. Most students fall under Lakeville Area Schools, a highly rated district, while others are served by Rosemount-Apple Valley-Eagan Public Schools or Farmington Area Schools. Downtown Lakeville is home to restaurants like Lakeville Brewing Company, The Better Half, Dairy Delite, B-52 Burgers and Brew and Tapestry Coffee. Interstate 35 provides a direct route to downtown Minneapolis, about 25 miles away. Minneapolis-Saint Paul International Airport is around 20 miles away. Minnesota Valley Transit Authority buses give commuters more options.

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 $2,770 per month, though prices vary by neighborhood, size, and property type. As of August 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 $110,800 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 $2,770 per month in Lakeville, MN, renters typically need to show $8,310 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

Number of Homes for Rent
4
Median Rent
$2,770
Median Single Family Home Rent
$3,000
Median Townhouse Rent
$2,373
How to Rent a Home