Lakeville, MN Rent History
65 months of data, 2021–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-06)
$2,029
1-year change
+5.0%
$96/mo
5-year change
+23.5%
$386/mo
Monthly rent trend
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Year-by-year rent in Lakeville
| Year | Median rent | YoY change | vs 2021 |
|---|---|---|---|
| 2021 | $1,608/mo | — | 0.0% |
| 2022 | $1,767/mo | +9.9% | +9.9% |
| 2023 | $1,815/mo | +2.7% | +12.9% |
| 2024 | $1,851/mo | +2.0% | +15.1% |
| 2025 | $1,923/mo | +3.9% | +19.6% |
| 2026 | $1,974/mo | +2.7% | +22.8% |
Frequently asked questions
How much has rent in Lakeville changed since 2021?
Median rent in Lakeville, MN was $1,621 in 2021-02 and is $2,029 as of 2026-06 — a change of $408 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 +23.5% ($386 per month). The current median is $2,029.
Is rent in Lakeville going up or down year over year?
Year over year, median rent in Lakeville, MN has increased +5.0% ($96/mo). Current median: $2,029.