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Updated 11 Hours Ago

Highlights

  • Pet Friendly

Location

127 W Lake St, Minneapolis, MN 55408, USA|Lyndale
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Tour Lakesbury Apartments

Contact

Management

LEVEL 10 MANAGEMENT, LLC

Leasing office

(844) 326-7293 ext. 7682

Open 

9:00 am–5:00 pm CT

Property Overview

Lakesbury Apartments offers a strong overall value, with an 8.3 Zumper expert rating, a top price score, and solid marks for amenities, location, and trustworthiness. It features charming, spacious studios and stands out for walkable access to nearby dining, mixed-use spaces, parks, and public transit, along with convenience to nearby schools.

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

8.3
Very Good
With a solid 8.3 out of 10 overall, Lakesbury Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Lakesbury Apartments 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

  • Less expensive
  • High school nearby

Great for

  • Social life
  • Eco living

Floor plans

StudioStudio1 bath435 sqft$881 /mo1 unit available
Alcove1 bed1 bath435 sqft$766 /mo
1-Bedroom1 bed1 bath475 sqft$862 /mo

Let's explore this property.

Amenities for Lakesbury Apartments

Building

Cats OKDogs OK
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

Application Fee

Per-applicant. Online Application Fee.

$50

REQUIRED FEES

Deposit

One-time. Deposit.

$855–$950

Monthly Utility Admin Fee

Monthly Utility Admin Fee.

$8

Utility - Water, Sewer, Trash, Heat

Monthly. Utility - Water, Sewer, Trash, Heat.

Usage Based

Monthly Pest Control Fee

Monthly Pest Control Fee.

$3

OPTIONAL FEES

Parking Policy

Other

Parking - Parking.

Parking - Parking

Parking - Parking

Monthly. 2 parking - parkings max.

$50

Dog Policy

Allowed

Cat Policy

Allowed

Cat

Cat - Non-refundable Pet Fee

One-time. 2 cats max. Pet Fee - Cat - Non Refundable.

$300

Cat - Pet Rent

Monthly. Pet Rent - Cat.

$50

Dog

Dog - Non-refundable Pet Fee

One-time. 2 dogs max. Pet Fee - Dog - Non Refundable.

$300

Dog - Pet Rent

Monthly. Pet Rent - Dog.

$50

Questions about this property’s policies and fees?

Building details

Property details

Units37

About Lakesbury Apartments

HomeApartments in MinneapolisLyndale Lakesbury Apartments

Located in Minneapolis’ Uptown Lyn-Lake neighborhood, this building is a classic three-story with charming, spacious, and high-ceiling studios and one-bedroom apartments. The building has retail on the street level and warm, well-kept living areas on the upper levels.


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.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Lakesbury Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Lakesbury Apartments 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 Lakesbury Apartments
Price·10A 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.
Lakesbury Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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, Lakesbury Apartments 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.
Lakesbury Apartments 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 Lakesbury Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
Lakesbury Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Lakesbury Apartments is great for:

Social life

  • Areas nearby are accessible by walking
  • 291 restaurants within 1 mile of this property
  • 487 mixed-use spaces nearby
  • The area has transit options

Eco living

  • You can get around by foot in this area
  • Public transit available nearby
  • 26 parks within a mile

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 Lakesbury Apartments compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Less expensive
Studio units are cheaper than other similar listings nearby
High school nearby
There is a high school 0.6 miles away

Considerations

Distance from grocery stores
The nearest grocery store is 4.8 miles away
Distance from transit
More than 4.5 miles from public transportation
No laundry facilities available
This property doesn't offer on-site washers and dryers

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Rent trends in Lyndale

Studio apartments at Lakesbury Apartments cost about 2% less than the average rent price for studios in Lyndale.

1-bedroom apartments here are priced 26% lower than 1-bedrooms in Lyndale.

Median rents as of Oct 31 2026.
Lyndale
Minneapolis
A table of studio rental data trends in Minneapolis
MonthMedian Rent
November 2024$1,027
December 2024$1,015
January 2025$993
February 2025$1,001
March 2025$1,006
April 2025$978
May 2025$967
June 2025$1,014
July 2025$982
August 2025$1,033
September 2025$1,019
October 2025$993
November 2025$988
December 2025$1,098
January 2026$1,079
February 2026$1,088
March 2026$1,077
April 2026$1,032
May 2026$1,024
June 2026$1,051
July 2026$1,046
August 2026$1,050
September 2026$1,093
October 2026$1,095
A table of studio rental data trends in Lyndale
MonthMedian Rent
November 2024$825
December 2024$850
January 2025$849
February 2025$825
March 2025$824
April 2025$898
May 2025$895
June 2025$890
July 2025$874
August 2025$874
September 2025$810
October 2025$804
November 2025$786
December 2025$810
January 2026$851
February 2026$866
March 2026$893
April 2026$900
May 2026$850
June 2026$940
July 2026$930
August 2026$896
September 2026$891
October 2026$893

Affordability calculator

Can I afford to live at 127 W Lake St?

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

$35,240/yr

With your selected rent-to-income ratio, you'd ideally want to make $35,240 annually to afford this studio monthly rent price of $881.
For more information on rent affordability, visit our rent calculator.

Schools near Lakesbury Apartments

Lyndale Elementary School

312 west 34th st

minneapolis, MN, 55408

PK, K-5Public
C+

Early Childhood Special Education

3320 elliot ave s

minneapolis, MN, 55407

PK, KPublic
B+

MPS Metro SJ

932 east 34th st

minneapolis, MN, 55407

K-12Public

Folwell Elementary

3611 20th ave s

minneapolis, MN, 55407

PK, K-5Public
C

Justice Alan Page Elementary School

999 nofound st

nofoundcity, MN, 88888

PK, K-5Public
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Getting around Minneapolis near 127 W Lake St

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 127 W Lake St, Minneapolis

Groceries

10/10
At least one supermarket within a 5-minute walk

Shopping

8/10
Several shops within a few minutes’ walk

Cafes

7/10
Several cafés within a few minutes’ walk

Restaurants

8/10
Variety of restaurants within a few minutes' walk

Primary schools

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

High schools

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

Parks

7/10
Large amount of park space nearby

Nightlife

6/10
Some bars within a few minutes’ walk

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