Lakeville, MN Rent History

65 months of data, 20212026. 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

Loading…

Year-by-year rent in Lakeville

YearMedian rentYoY changevs 2021
2021$1,608/mo0.0%
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.

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.