Lakeville, MN Rental Market Trends
The average rent for an apartment in Lakeville is $1,445, a 7% increase compared to the previous year, when the average rent was $1,354.
Average Rent in Lakeville, MN
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,445||7%||996 sq. ft.|
The average size for a Lakeville, MN apartment is 996 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Lakeville, MN Apartment Rent Ranges
- > $2,0001%
Lakeville, MN Occupied Housing Units
- Renter-occupied Households19%
- Owner-occupied Households80%
4,108 or 19% of the households in Lakeville, MN are renter-occupied while 16,717 or 80% are owner-occupied.
Lakeville, MN Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Jan / 2020|
How Lakeville Compares to Other Cities
|Average Rent||Y-o-Y Change|
|St. Louis Park||$1,622||4%|
For more information about the Lakeville rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!