Average Rent in Oak Shores, Lakeville, MN and Rent Price Trends

Rent trends in Oak Shores, Lakeville, MN

Average rent prices in Oak Shores have remained the same over the last month and have decreased by 9% 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
Oak Shores, Lakeville, MN

Rent prices in Oak Shores vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Oak Shores is $1,570, whereas a house costs $2,895. 1-bedroom apartments in Oak Shores run $1,556 on average, while 2-bedroom apartments are $1,775.


Studio	$1,350	-	-
1 bedroom	$1,389	No Change	-
2 bedroom	$1,933	No Change	2%
3 bedroom	$2,025	6%	-
4 bedroom	$3,495	3%	-

		Listings
Cedar Grove	$1,550
Crossroads	$2,235
Diamond Path	$1,903
Hunters Wood	$1,785
Prairie Lake	$1,995
West Bloomington	$1,728

				Listings
Apartments	$1,570	No Change	No Change
Houses	$2,895	10%	No Change

Studio

Average rent

$1,350

1 bedroom

Average rent

$1,389

2 bedroom

Average rent

$1,933

Last year

3 bedroom

Average rent

$2,025

Last 30 days

4 bedroom

Average rent

$3,495

Last 30 days

The table above reflects average rent prices in Oak Shores, 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 Oak Shores, Lakeville, MN compare to other neighborhoods?

Compare median rent prices in Oak Shores and Diamond Path by all bedroom counts and property types.

Oak Shores

Median rent price$1,735

11%

lower than the national median

Median rent price$1,903

lower than the national median

Takeaway

The median rent for all rentals in Oak Shores, Lakeville, MN is 9% lower than the median rent in Diamond Path, Apple Valley, MN.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,903

$1,785

$1,728

$1,550

$2,235

$1,995

Discover rentals in Oak Shores, Lakeville, MN

5d+ ago

Oak Shores apartment for rent in Lakeville

2BR/1.0BA

9830 Upper 161st St W, Lakeville, MN 55044

2 beds

1 bath

$1,775

Apartment for rent

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Frequently asked questions for Oak Shores, Lakeville, MN

Quick answers to common questions about the Oak Shores rental market.

How much is rent in Oak Shores?

The average rent in Oak Shores is $1,735 per month as of June 13, 2026.

Is rent up or down in Oak Shores?

Average rent prices in Oak Shores have remained the same over the last month and have decreased by 9% since last year.

How does Oak Shores rent compare to the national average?

Rent in Oak Shores is 11% below the national average, which means renters are paying approximately $215 less per month.

What salary do I need to afford rent in Oak Shores?

To comfortably afford rent in Oak Shores, you'd need to earn approximately $69,000/year, based on spending no more than 30% of your income on rent.

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).