Zumper
modified
3 Days Ago

Highlights

  • Pet Friendly

Location

3707 S Broadway, Alexandria, MN 56308, USA
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Tour Lakewood Terrace-3707

Contact

Management

TRUE NORTH MANAGEMENT INC.

Leasing office

(320) 300-1298

Property Overview

Lakewood Terrace-3707 offers strong overall value with an 8.1/10 expert rating, highlighted by excellent price (9/10) and location (9/10) scores that reflect competitive pricing and convenient access to key destinations, including a highly rated high school less than a mile away. Renters benefit from a robust amenities package (8/10), transparent and detailed listing information (8/10 trustworthiness), extensive photos, and a pet-friendly environment supported by nearby pet services, supplies, and veterinary care.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.1
Very Good
With a solid 8.1 out of 10 overall, Lakewood Terrace-3707 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Lakewood Terrace-3707 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Less expensive
  • Elevator

Great for

  • Pet owners

Floor plans

Lakewood Terrace-37072 bed2 bath1,141+ sqft$1,485 /mo4 units availableSCHEDULE A SHOWING ONLINE AT: showmojo. com lz 802611c0ce ---- Appliances Included Pets Allowed W/D In Unit
Lakewood Terrace-37073 bed2 bath$1,685 /mo1 unit availableSCHEDULE A SHOWING ONLINE AT: showmojo. com lz bb0020502b ---- Appliances Included Pets Allowed W/D In Unit

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Amenities for Lakewood Terrace-3707

Apartment Amenities

BalconyPatio

Building

Business CenterCats OK
Dogs OKElevator
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Year built2011
Units5
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About Lakewood Terrace-3707

Home Lakewood Terrace-3707

Located off South Broadway in Alexandria, Lakewood Terrace provides residents with a highly desired and convenient location. Set well back from the street, it is surrounded by beautiful mature trees, wetlands, and peaceful views, while being within walking distance to many businesses, shopping, and a variety of restaurants.


Year Built: 2011

Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.1
/10
Very Good
With a solid 8.1 out of 10 overall, Lakewood Terrace-3707 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Lakewood Terrace-3707 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Lakewood Terrace-3707
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Lakewood Terrace-3707 stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Lakewood Terrace-3707 is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Lakewood Terrace-3707 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Lakewood Terrace-3707 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Lakewood Terrace-3707 is great for:

Pet owners

  • 3 pet supply stores near the property
  • 1 pet grooming service nearby
  • 1 pet hospital in the area

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Lakewood Terrace-3707 compares to other nearby properties.

Positives

High school nearby
There is a high school 1 mile away
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 2 miles away
Greater distance from middle schools
The nearest middle school is farther than 3 miles away
No in-unit dishwasher
Dishwashers aren't available

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Rent trends in Alexandria

If you decide to upgrade your space, you can expect 2-bedrooms at Lakewood Terrace-3707 to be 5% more than the average for similarly sized apartments in Alexandria.

3-bedroom apartments at Lakewood Terrace-3707 cost about 2% less than the average rent price for 3-bedroom apartments in Alexandria.

Median rents as of May 23 2026.
Alexandria
A table of studio rental data trends in Alexandria
MonthMedian Rent
June 2024$683
July 2024$686
August 2024$812
September 2024$876
October 2024$780
November 2024$760
December 2024$818
January 2025$822
February 2025$631
March 2025$625
April 2025$737
May 2025$850
June 2025$928
July 2025$941
August 2025$628
September 2025$625
October 2025$625
November 2025$625
December 2025$637
January 2026$667
February 2026$753
March 2026$790
April 2026$911
May 2026$952

Affordability calculator

Can I afford to live at 3707 S Broadway?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$59,400/yr

With your selected rent-to-income ratio, you'd ideally want to make $59,400 annually to afford this 2-bedrooms monthly rent price of $1,485.
For more information on rent affordability, visit our rent calculator.

Schools near Lakewood Terrace-3707

Early Education Center

1410 mckay ave s ste #102

alexandria, MN, 56308

PKPublic

Woodland Elementary School

1410 mckay ave s ste #101

alexandria, MN, 56308

K-5Public
B+
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Internet available near Lakewood Terrace-3707

Getting around Alexandria near 3707 S Broadway

Walking

4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Points of interest for 3707 S Broadway, Alexandria

Groceries

7/10
At least one supermarket within a 15-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

2/10
Some cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

0/10
Closest elementary school further than a 30-minute walk

High schools

0/10
Closest high school further than a 30-minute walk

Nightlife

3/10
Some bars within walking distance

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