1-Bedroom Apartment Rent in Lakeville, MN
Median asking rent for a 1-bedroom apartment in Lakeville, Minnesota as of July 2026. That's +14% lower than the citywide median of $2,029 and +25% above the national 1-bedroom median of $1,395.
Income needed for a 1-bedroom in Lakeville
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.
Rent by apartment size in Lakeville
Compare Lakeville's median rent across every apartment size.
Cheapest cities for a 1-bedroom in Minnesota
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Winona | $780 |
| 2 | Austin | $800 |
| 3 | Owatonna | $800 |
| 4 | Bemidji | $830 |
| 5 | Moorhead | $860 |
| 6 | Waite Park | $920 |
| 7 | Duluth | $972 |
| 8 | Anoka | $975 |
| 9 | Saint Cloud | $1,003 |
| 10 | Mankato | $1,030 |
| 11 | Rochester | $1,120 |
| 12 | Little Canada | $1,173 |
| 13 | Northfield | $1,200 |
| 14 | South Saint Paul | $1,200 |
| 15 | Saint Michael | $1,220 |
Most expensive cities for a 1-bedroom in Minnesota
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Woodbury | $1,870 |
| 2 | Maple Grove | $1,805 |
| 3 | Eden Prairie | $1,775 |
| 4 | Lakeville (this page) | $1,750 |
| 5 | Cottage Grove | $1,750 |
| 6 | Edina | $1,723 |
| 7 | Blaine | $1,710 |
| 8 | Plymouth | $1,690 |
| 9 | Brooklyn Park | $1,690 |
| 10 | Savage | $1,660 |
| 11 | Rosemount | $1,660 |
| 12 | Minnetonka | $1,640 |
| 13 | Apple Valley | $1,570 |
| 14 | Saint Louis Park | $1,565 |
| 15 | Vadnais Heights | $1,560 |
Nearby cities — 1-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 1-bedroom rents than Lakeville.
| City | Distance | 1-Bedroom rent | vs Lakeville |
|---|---|---|---|
| Burnsville, MN | 7.8 mi | $1,505 | $-245 (-14%) |
| Apple Valley, MN | 8.8 mi | $1,570 | $-180 (-10%) |
| Prior Lake, MN | 9.9 mi | $1,400 | $-350 (-20%) |
| Savage, MN | 10.1 mi | $1,660 | $-90 (-5%) |
| Bloomington, MN | 13.3 mi | $1,550 | $-200 (-11%) |
| Northfield, MN | 13.7 mi | $1,200 | $-550 (-31%) |
| Eagan, MN | 14.5 mi | $1,490 | $-260 (-15%) |
| Richfield, MN | 16 mi | $1,310 | $-440 (-25%) |
| Rosemount, MN | 16.1 mi | $1,660 | $-90 (-5%) |
| Shakopee, MN | 18.2 mi | $1,480 | $-270 (-15%) |
| Edina, MN | 18.2 mi | $1,723 | $-27 (-2%) |
| Eden Prairie, MN | 18.3 mi | $1,775 | +$25 (+1%) |
1-Bedroom rent in Lakeville — common questions
How much is a 1-bedroom apartment in Lakeville?
As of July 2026, the median 1-bedroom apartment rent in Lakeville, Minnesota is $1,750 per month. This is +14% below the citywide median of $2,029.
What income do you need to afford a 1-bedroom in Lakeville?
Using the standard 30% rent-to-income rule, you would need an annual income of about $70,000 ($5,833/month gross), which works out to roughly $33.65/hour at a full-time job.
Is Lakeville expensive for a 1-bedroom compared to the rest of the US?
Lakeville's 1-bedroom median of $1,750 is +25% above the national 1-bedroom median of $1,395. It ranks in the 72th percentile of US cities tracked.
How does Lakeville rank for 1-bedroom rent in Minnesota?
Among the 64 cities in Minnesota with 1-bedroom data, Lakeville ranks #61 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Lakeville?
Yes — nearby cities with cheaper 1-bedroom rents include Burnsville ($1,505), Apple Valley ($1,570), Prior Lake ($1,400).