Lakeville, MN Rental Market Trends

What is the average rent in Lakeville?

The average rent for an apartment in Lakeville is $1,739. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Lakeville, MN

Last updated March 2023

Average Rent	Average Apartment Size
$1,739	975 sq. ft.

What is the average apartment size in Lakeville?

The average size for a Lakeville, MN apartment is 975 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

Lakeville, MN Occupied Housing Units

2,786 or 12% of the households in Lakeville, MN are renter-occupied while 20,571 or 88% are owner-occupied.

Lakeville, MN rent trends

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How Lakeville Compares to Other Cities

City	Average Rent
Minneapolis	$1,659
St. Paul	$1,396
Moorhead	$963
St. Louis Park	$1,747
St. Cloud	$984
Bloomington	$1,572
Edina	$1,628
Coon Rapids	$1,329
Minnetonka	$1,584
Eden Prairie	$1,685
Woodbury	$1,812
Eagan	$1,493
Maplewood	$1,208
Burnsville	$1,446
Roseville	$1,310
West St. Paul	$1,234
Hopkins	$1,597
Chaska	$1,487
Apple Valley	$1,630
Golden Valley	$1,646
Lakeville	$1,739