Lake Cove Village
5335-5365 Audobon Ave,
Inver Grove Heights, MN 55077
$1,129 - $1,529 Total Monthly Price
1-2 Beds | 12 Month Lease
Lake Cove Village
Inver Grove Heights, MN
Lake Cove Village - Inver Grove Heights, MN Area Guide
Enjoy peaceful suburban living near countless amenities
Suburban
•
Peaceful
•
Laidback
•
Quiet
•
Affordable
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Commuter
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Situated on the eastern side of Schmidt Lake, Lake Cove Village is a primarily residential neighborhood near a host of major amenities. Lake Cove Village residents enjoy close proximity to numerous shops, restaurants, and offices clustered around Blaine Avenue and Upper 55th Street as well as the many metropolitan delights of Downtown Saint Paul.
Area attractions like Fort Snelling State Park, Mall of America, Minnesota Zoo, and Minnehaha Regional Park are all just a short drive away from Lake Cove Village. Convenient access to U.S. 52, I-494, and Minneapolis Saint Paul International Airport makes commuting and traveling from peaceful Lake Cove Village easy.
Rent Trends
As of April 2026, the average apartment rent in Lake Cove Village is $1,278 for one bedroom, and $1,275 for two bedrooms. Apartment rent in Lake Cove Village has increased by 5.1% in the past year.
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1 BR
-
763 sq ft
Average Sq Ft
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$1,278/month
Average Rent
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2 BR
-
819 sq ft
Average Sq Ft
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$1,275/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Lake Cove Village - Inver Grove Heights, MN is for everyday living.
Fairly Walkable
Walkability
40
/ 100
Limited Public Transit
Transit
30
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Moderately Bikeable
Bikeability
60
/ 100
Daily Essentials
Essentials are more spread out in Lake Cove Village - Inver Grove Heights, MN, so everyday errands require more planning.
No Supermarkets Within a 30 Minute Walk
Groceries
10
/ 100
Fair Restaurant Variety Nearby
Restaurants
40
/ 100
Fair Café Variety Nearby
Cafes
40
/ 100
Fair Variety of Shops Nearby
Shopping
40
/ 100
Recreation
Lake Cove Village - Inver Grove Heights, MN provides green space and wellness resources in certain areas.
Large Amount of Park Space Nearby
Parks
70
/ 100
Limited Wellness Amenity Variety Nearby
Wellness
20
/ 100
Local Vibe
Get a sense of what it’s like to live in Lake Cove Village - Inver Grove Heights, MN from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
20
/ 100
Limited Nightlife Variety Nearby
Nightlife
30
/ 100
Not Noisy
Quiet Score
100
/ 100
Scores provided by
Points of Interest
Parks and Recreation
- Dodge Nature Center
- Cherokee Regional Park
- Irvine Park
- Highland Park and Golf Course
- Crosby Farm Regional Park
Military Bases
Airports
- Minneapolis-St Paul International/Wold-Chamberlain
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.