Bedroom count
Property type
Last updated on June 19, 2026
Average rent in
Lakeville, MN
Average rent in
Last updated on June 19, 2026
Bedroom count
Property type
Median rent
Median rent in Lakeville
$2,365/mo
5%vs previous year
The average rent in Lakeville is $2,365 per month as of June 2026. This is 21% above the national average rent, or $415 more per month.
average price per square foot
Total rentals
Available rentals in Lakeville
35
for rent on Zumper.com as of June 2026
Rent price distribution
Share of Lakeville rentals at each price point
Rent trends in Lakeville, MN
Average rent prices in Lakeville have increased by 4% over the last month and have decreased by 5% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Lakeville, MN
Rent prices in Lakeville vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Lakeville is $1,933, whereas a house costs $2,795. 1-bedroom apartments in Lakeville run $1,709 on average, while 2-bedroom apartments are $2,168.
Listings | ||||
|---|---|---|---|---|
Studio | $1,350 | No Change | - | |
1 bedroom | $1,205 | No Change | 8% | |
2 bedroom | $2,168 |  11% | 12% | |
3 bedroom | $2,697 | 1% | 6% | |
4 bedroom | $3,495 | 4% | 4% |
Listings | ||
|---|---|---|
Cedar Highlands | $2,235 | |
Dakota Heights | $1,795 | |
Golden Pond | $2,363 | |
Great Oak Shores | $2,095 | |
Heritage | $1,935 | |
Homestead Creek | $1,750 | |
Hypointe Crossing | $1,725 | |
Kenridge | $2,195 | |
Oak Shores | $1,735 | |
Prairie Lake | $1,995 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,933 | 6% | No Change | |
Houses | $2,795 | 1% | No Change |
Studio
Average rent
$1,350
1 bedroom
Average rent
$1,205
Last 30 days
No Change
Last year
8%
2 bedroom
Average rent
$2,168
Last 30 days
11%
Last year
12%
3 bedroom
Average rent
$2,697
Last 30 days
1%
Last year
6%
4 bedroom
Average rent
$3,495
Last 30 days
4%
Last year
4%
Prairie Lake
Average rent
$1,995
Cedar Highlands
Average rent
$2,235
Oak Shores
Average rent
$1,735
Great Oak Shores
Average rent
$2,095
Homestead Creek
Average rent
$1,750
Heritage
Average rent
$1,935
Golden Pond
Average rent
$2,363
Hypointe Crossing
Average rent
$1,725
Kenridge
Average rent
$2,195
Dakota Heights
Average rent
$1,795
Apartments
Average rent
$1,933
Last 30 days
6%
Houses
Average rent
$2,795
Last 30 days
1%
The table above reflects average rent prices in Lakeville, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Lakeville, MN compare to other cities?
Compare median rent prices in Lakeville and Chanhassen by all bedroom counts and property types.
Lakeville
21%higher than the national median
2%lower than the national median
Takeaway
The median rent for all rentals in Lakeville, MN is 24% higher than the median rent in Chanhassen, MN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,910
1%$1,785
2%$1,725
3%$1,950
17%$2,195
2%$1,250
14%$1,650
2%$2,395
10%$2,100
20%$1,697
4%$1,565
5%$1,589
45%Discover rentals in Lakeville, MN
5d+ ago
Cedar Highlands apartment for rent in Lakeville
16953 Garcia Way W #4, Lakeville, MN 55068
2 beds
1 bath
$1,595
Apartment for rent
Available Aug 1
5d+ ago
Townhouse for rent in Lakeville
20229 Hunter Ct, Lakeville, MN 55044
2 beds
1 bath
$1,650
House for rent
3d ago
Oak Shores apartment for rent in Lakeville
9830 Upper 161st St W, Lakeville, MN 55044
2 beds
1 bath
$1,700
Apartment for rent
5d+ ago
Apartment for rent in Lakeville
504 Juliet Dr #155, Lakeville, MN 55044
3 beds
2 baths
$1,785
Apartment for rent
1d ago
5076 161st St W, Lakeville, MN 55044
1–3 beds
1–2 baths
$1,694–$6,667
Apartment for rent
5d+ ago
Prairie Lake townhouse for rent in Lakeville
2 beds
1.5 baths
$2,399
$2,275
Price drop
House for rent
5d+ ago
Townhouse for rent in Lakeville
20048 Heritage Dr, Lakeville, MN 55044
2 beds
3 baths
$2,250
House for rent
Available Jun 1
15h ago
Townhouse for rent in Lakeville
16487 Jarreau Ct #1, Lakeville, MN 55044
3 beds
4 baths
$2,795
House for rent
Available Sep 1
1d ago
18348A Gladhurst Ln, Lakeville, MN 55044
4 beds
2 baths
$3,395
House for rent
Available Jul 20
1d ago
5076 161st St W, Lakeville, MN 55044
1–3 beds
1–2 baths
$1,694–$6,667
Apartment for rent
2d ago
16255 Kenyon Ave, Lakeville, MN 55044
1–3 beds
1–3 baths
$1,556–$3,092
Apartment for rent
2d ago
17080 Dysart Pl, Lakeville, MN 55044
3 beds
2 baths
$2,795
House for rent
Available Aug 15
1d ago
5076 161st St W, Lakeville, MN 55044
1–3 beds
1–2 baths
$1,694–$6,667
Apartment for rent
2d ago
16255 Kenyon Ave, Lakeville, MN 55044
1–3 beds
1–3 baths
$1,556–$3,092
Apartment for rent
2d ago
Townhouse for rent in Lakeville
3 beds
1.5 baths
$2,050
House for rent
1d ago
Apartment for rent in Lakeville
733 Juliet Dr #193, Lakeville, MN 55044
3 beds
2 baths
$1,875
Apartment for rent
1d ago
5076 161st St W, Lakeville, MN 55044
1–3 beds
1–2 baths
$1,694–$6,667
Apartment for rent
2d ago
Townhouse for rent in Lakeville
3 beds
1.5 baths
$2,050
House for rent
2d ago
House for rent in Lakeville
4 beds
3.5 baths
$3,495
$3,250
Price drop
House for rent
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Frequently asked questions for Lakeville, MN
Quick answers to common questions about the Lakeville rental market.
How much is rent in Lakeville?
The average rent in Lakeville is $2,365 per month as of June 13, 2026.
Is rent up or down in Lakeville?
Average rent prices in Lakeville have increased by 4% over the last month and have decreased by 5% since last year.
How does Lakeville rent compare to the national average?
Rent in Lakeville is 21% above the national average, which means renters are paying approximately $415 more per month.
Which neighborhoods are most affordable in Lakeville?
The most affordable neighborhoods in Lakeville are Hypointe Crossing ($1,725/mo), Oak Shores ($1,735/mo), and Homestead Creek ($1,750/mo).
What salary do I need to afford rent in Lakeville?
To comfortably afford rent in Lakeville, you'd need to earn approximately $95,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Lakeville?
Lakeville's 2025 rental market shows one-bedroom apartments averaging around $1,400 per month, while two-bedroom units rent for around $1,800 monthly. Both bedroom types experienced rent decreases from the previous year, with one-bedrooms down 10.7% and two-bedrooms declining 5.9%.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).