Lakeville, MN Rent History

68 months of data, 2021–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-09)
$2,101
1-year change
+1.3%
$27/mo
5-year change
+17.8%
$318/mo

Monthly rent trend

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Year-by-year rent in Lakeville

YearMedian rentYoY changevs 2021
2021$1,709/mo—0.0%
2022$1,878/mo+9.9%+9.9%
2023$1,926/mo+2.6%+12.7%
2024$1,961/mo+1.8%+14.7%
2025$2,056/mo+4.8%+20.3%
2026$2,096/mo+1.9%+22.6%

Frequently asked questions

How much has rent in Lakeville changed since 2021?

Median rent in Lakeville, MN was $1,727 in 2021-02 and is $2,101 as of 2026-09 — a change of $374 per month over 5 years.

How much has Lakeville rent increased in the last 5 years?

Over the past 5 years, median rent in Lakeville, MN has changed +17.8% ($318 per month). The current median is $2,101.

Is rent in Lakeville going up or down year over year?

Year over year, median rent in Lakeville, MN has increased +1.3% ($27/mo). Current median: $2,101.

See full rent data for Lakeville, MN →
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.