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Diamond Lake Homes for Rent

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  • /25

    $1,050 - $1,150 per month

    5544/5301 Chicago Ave S

    1 Bed

    5544 Chicago Ave, Minneapolis, MN 55417

    Beautiful, well-maintained and quiet apartment building on bus line near Todd Park, local amenities, schools and Diamond Lake. Properties feature studios, 1-bedrooms, and 2-bedrooms.There is a flat rate utility charge that covers ALL heat, gas, water, sewer, trash, and an on-site storage unit($60/month for 1-bedrooms, $80/month for 2-bedrooms). Tenants set up internet and WIFI.

    5544 Chicago Ave, Minneapolis, MN 55417
  • /17

    $2,750 per month

    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • House for Rent

    6037 4th Ave S, Minneapolis, MN 55419

    Great neighborhood, lots of trees, convenient to the lakes, Edina, parks, trails, the creek, etc. This house has been well cared for by the owner and previous long term renters.The whole home was painted 1 year ago, a brand new kitchen installed, new carpet upstairs and much more.

    6037 4th Ave S, Minneapolis, MN 55419

Why Live in Diamond Lake

Diamond Lake, located in Nokomis County, is a neighborhood 6 miles south of Minneapolis, featuring distinct homes with lakefront views. The area is defined by its proximity to Diamond Lake and Lake Nokomis, which offer both natural beauty and recreational opportunities. Diamond Lake Park provides a serene environment with wooded trails and wildlife, while Lake Nokomis Park is fully recreational, featuring fishing piers, concession stands, and boating rentals. The neighborhood's homes, built mainly between the 1930s and 1960s, include aesthetically pleasing old Tudor homes, Minimal Traditional, Victorians, Colonials, and well-manicured cottages. These properties range from $250,000 to $1 million, with lakefront homes commanding higher prices. Interstate 35W borders the west side, facilitating commutes to nearby cities. Though there are no K-12 schools within Diamond Lake, nearby options include Wenonah Elementary, Hennepin Middle School, and Roosevelt High School, which offers an IB program, Spanish Dual Language program, and Advanced Placement courses. The neighborhood features dining options like the 5-8 Club, known for its Jucy Lucy burger, and grocery shopping at Cub supermarket across the highway. Diamond Lake is part of the HPDL Diamond Lake Community Association, which hosts events such as Earth Day Clean Up, Frost Fest, and the Neighborhood Garage Sale. The area has a low crime risk compared to the national average, making it a safer place to live.

Frequently Asked Questions

What are the most popular neighborhoods for renters near Diamond Lake?
The most popular neighborhoods for renters near Diamond Lake are Tangletown, Hale, Field, Hiawatha and Linden Hills.
What are the most popular zip codes for renters near Diamond Lake?
The most popular zip codes for renters near Diamond Lake are 55423, 55419, 55417, 55406 and 55410.
How to Rent a Home