Lakefield Apartments
550 W Lake St,
Minneapolis,
MN
55408
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Total Monthly Price
$1,740
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Bedrooms
2 bd
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Bathrooms
1 ba
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Square Feet
733 - 736 sq ft
Highlights
- New Construction
- Walker's Paradise
- Bike-Friendly Area
- Walk-In Closets
- Controlled Access
- Elevator
- Balcony
- Property Manager on Site
- Patio
Pricing & Floor Plans
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Unit 502price $1,740square feet 736availibility Now
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Unit 610price $1,740square feet 733availibility Now
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Unit 608price $1,740square feet 733availibility Now
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Unit 502price $1,740square feet 736availibility Now
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Unit 610price $1,740square feet 733availibility Now
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Unit 608price $1,740square feet 733availibility Now
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the Cost Calculator to add these fees to the base price.
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Utilities & Essentials
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Utility - WaterCharged per unit.Included in Rent
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Utility- HeatCharged per unit.Included in Rent
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Utility- TrashCharged per unit.Varies
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Utility - ElectricCharged per unit. Payable to 3rd PartyVaries / mo
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CableCharged per unit. Payable to 3rd PartyVaries / mo
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High Speed Internet AccessCharged per unit. Payable to 3rd PartyVaries / mo
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Utility - SewerCharged per unit.Varies / mo
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One-Time Basics
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Due at Application
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Application Fee Per ApplicantCharged per applicant.$50
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Security Deposit - RefundableCharged per unit.$500
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Due at Application
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Dogs
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Dog DepositCharged per pet.$500
Restrictions:Pit Bull, Doberman, Wolf Hybrid, Chow, Rottweiler, American Pit Bull/Bull Terrier, Akita, American Staffordshire TerrierRead More Read LessComments -
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Cats
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Cat DepositCharged per pet.$500
Restrictions:Comments -
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Garage Lot
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Details
Utilities Included
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Gas
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Water
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Heat
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Trash Removal
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Sewer
Lease Options
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10 - 14 Month Leases
Property Information
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Built in 2025
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110 units/7 stories
Matterport 3D Tours
About Lakefield Apartments
Lakefield Apartments is a brand-new affordable living community in the heart of Lyn-Lake/Uptown, thoughtfully designed for households of all sizes. With spacious apartments and amenities that emphasize comfort and convenience, Lakefield offers an ideal home for larger households. At Lakefield, there is room to grow and enjoy a vibrant community atmosphere, making it the perfect place to thrive.
Lakefield Apartments is an apartment community located in Hennepin County and the 55408 ZIP Code. This area is served by the Minneapolis Public School Dist. attendance zone.
Unique Features
- Ceramic Tiled Bathrooms
- Online maintenance portal
- LED Lighting
- Online Rent Payment
- Vending Machines
- Black Whirlpool Appliances
- Community Room
- Free Common Area WiFi
- Maple Cabinets
- LVP Flooring
- View
- Bike Racks and Storage
- Patio/Balcony
- 24-hour maintenance
- Central Heating + Air Conditioning
Community Amenities
Fitness Center
Laundry Facilities
Elevator
Playground
- Package Service
- Laundry Facilities
- Controlled Access
- Maintenance on site
- Property Manager on Site
- 24 Hour Access
- Online Services
- Public Transportation
- Elevator
- Business Center
- Fitness Center
- Playground
Apartment Features
Air Conditioning
Dishwasher
Walk-In Closets
Refrigerator
- Wi-Fi
- Air Conditioning
- Heating
- Cable Ready
- Tub/Shower
- Dishwasher
- Kitchen
- Oven
- Range
- Refrigerator
- Freezer
- Recreation Room
- Walk-In Closets
- Window Coverings
- Balcony
- Patio
Income Restrictions
How To Qualify
- Package Service
- Laundry Facilities
- Controlled Access
- Maintenance on site
- Property Manager on Site
- 24 Hour Access
- Online Services
- Public Transportation
- Elevator
- Business Center
- Fitness Center
- Playground
- Ceramic Tiled Bathrooms
- Online maintenance portal
- LED Lighting
- Online Rent Payment
- Vending Machines
- Black Whirlpool Appliances
- Community Room
- Free Common Area WiFi
- Maple Cabinets
- LVP Flooring
- View
- Bike Racks and Storage
- Patio/Balcony
- 24-hour maintenance
- Central Heating + Air Conditioning
- Wi-Fi
- Air Conditioning
- Heating
- Cable Ready
- Tub/Shower
- Dishwasher
- Kitchen
- Oven
- Range
- Refrigerator
- Freezer
- Recreation Room
- Walk-In Closets
- Window Coverings
- Balcony
- Patio
| Monday | 9am - 5pm |
|---|---|
| Tuesday | 9am - 5pm |
| Wednesday | 9am - 5pm |
| Thursday | 9am - 5pm |
| Friday | 9am - 5pm |
| Saturday | Closed |
| Sunday | Closed |
East Lyn-Lake makes up the eastern portion of the neighborhood Lyn-Lake and is defined by the prominent intersection of two main streets, Lake Street and Lyndale Avenue. This well-known intersection acts as a magnet for unique shops, galleries, restaurants, and entertainment. East Lyn-Lake sits immediately east of Uptown, another popular urban area in Minneapolis. Nestled just three miles southwest of Downtown Minneapolis, residents can easily reach the most popular neighborhoods in the city. Apartments and condos available for rent in the area vary from mid-range to upscale. Locals enjoy strolling or biking along the neighborhood’s walkable and bikeable streets to check out all of the top-notch local businesses.
Learn more about living in East Lyn-LakeCompare neighborhood and city base rent averages by bedroom.
| East Lyn-Lake | Minneapolis, MN | |
|---|---|---|
| Studio | $1,190 | $1,127 |
| 1 Bedroom | $1,418 | $1,391 |
| 2 Bedrooms | $2,115 | $2,062 |
| 3 Bedrooms | - | $2,384 |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 5 min | 2.0 mi | |
| Drive: | 7 min | 2.4 mi | |
| Drive: | 7 min | 2.6 mi | |
| Drive: | 8 min | 4.2 mi |
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation options available in Minneapolis include Nicollet Mall Station, located 2.9 miles from Lakefield Apartments. Lakefield Apartments is near Minneapolis-St Paul International/Wold-Chamberlain, located 11.1 miles or 20 minutes away.
| Transit / Subway | Distance | ||
|---|---|---|---|
| Transit / Subway | Distance | ||
|
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Drive: | 8 min | 2.9 mi |
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Drive: | 8 min | 2.9 mi |
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Drive: | 9 min | 3.2 mi |
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Drive: | 8 min | 4.0 mi |
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Drive: | 9 min | 4.0 mi |
| Commuter Rail | Distance | ||
|---|---|---|---|
| Commuter Rail | Distance | ||
|
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Drive: | 9 min | 3.2 mi |
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Drive: | 17 min | 10.0 mi |
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Drive: | 19 min | 12.0 mi |
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Drive: | 32 min | 21.2 mi |
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Drive: | 33 min | 22.8 mi |
| Airports | Distance | ||
|---|---|---|---|
| Airports | Distance | ||
|
Minneapolis-St Paul International/Wold-Chamberlain
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Drive: | 20 min | 11.1 mi |
Time and distance from Lakefield Apartments.
| Shopping Centers | Distance | ||
|---|---|---|---|
| Shopping Centers | Distance | ||
| Walk: | 9 min | 0.5 mi | |
| Walk: | 11 min | 0.6 mi | |
| Walk: | 12 min | 0.6 mi |
| Parks and Recreation | Distance | ||
|---|---|---|---|
| Parks and Recreation | Distance | ||
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Bryant Square Park
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Walk: | 6 min | 0.4 mi |
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Painter Park
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Walk: | 10 min | 0.5 mi |
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Whittier Park
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Walk: | 10 min | 0.6 mi |
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Mueller Park
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Walk: | 16 min | 0.9 mi |
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Lake Calhoun Park
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Walk: | 18 min | 1.0 mi |
| Hospitals | Distance | ||
|---|---|---|---|
| Hospitals | Distance | ||
| Drive: | 4 min | 1.4 mi | |
| Drive: | 5 min | 1.7 mi | |
| Drive: | 8 min | 2.9 mi |
| Military Bases | Distance | ||
|---|---|---|---|
| Military Bases | Distance | ||
| Drive: | 16 min | 9.0 mi |
Lakefield Apartments Photos
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Lakefield Apartments
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4BR, 2BA - 1,293SF
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4BR, 2BA - 1,232SF - Kitchen
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Playground
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Fitness Center
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3BR, 2BA - 1,136SF - Kitchen
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Community Room
Models
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2 Bedrooms
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While Lakefield Apartments does not provide in‑unit laundry, on‑site laundry facilities are available for shared resident use.
Select utilities are included in rent at Lakefield Apartments, including gas, water, heat, trash removal, and sewer. Residents are responsible for any other utilities not listed.
Parking is available at Lakefield Apartments. Contact this property for details.
Lakefield Apartments has two-bedrooms apartments renting for $1,740/mo.
Yes, Lakefield Apartments welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,740 for a two-bedrooms, you would need to earn about $63,000 per year to qualify. Want to double-check your budget? Try our Rent Affordability Calculator to see how much rent fits your income and lifestyle.
Lakefield Apartments is offering 2 Months Free for eligible applicants, with rental rates starting at $1,740.
Yes! Lakefield Apartments offers 6 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources
550 W Lake St
Minneapolis, MN 55408