Lakeville

A view of the Lakeville water tower at the Summerlyn neighborhood in Lakeville.
Restaurants in downtown Lakeville.
Pioneer Park in Downtown Lakeville is located in the middle of town.
A neighborhood in Lakeville.

Lakeville, MN Area Guide

Minnesota’s natural splendor is always close at hand in this Twin Cities suburb.

Suburb Commuter Schools Safe Family-Friendly Parks Outdoors Golf

Lakeville sits about 20 miles south of Minneapolis along Interstate 35, giving residents easy access to the Twin Cities while maintaining a quieter, more spacious pace of life. The city is surrounded by lakes and parks, making outdoor recreation a natural part of daily routine whether you're kayaking, hiking, or teeing off at one of the area's many golf courses. Commuters appreciate the straightforward drive north to Minneapolis or St. Paul, while those who prefer staying local will find plenty of dining and shopping along Kenrick Avenue and the surrounding corridors. Buck Hill Ski Resort sits just north of town, offering a nearby winter escape without the long trek.

The rental market here leans toward well-appointed apartment communities and spacious townhomes, reflecting the city's suburban character and strong demand for larger floor plans. Studios, one-bedroom, and multi-bedroom options are available across a range of newer developments. Lakeville traces its roots to a milling economy and gained early recognition in 1910 when Marion Savage built the Dan Patch Railroad Line to serve Antlers Amusement Park, a glimpse into a lively past that shaped the growing community it is today.

Explore the City

Pioneer Park in Downtown Lakeville is located in the middle of town.

A neighborhood in Lakeville.

Rent Trends

As of April 2026, the average apartment rent in Lakeville, MN is $1,473 for a studio, $1,581 for one bedroom, $1,925 for two bedrooms, and $2,401 for three bedrooms. Apartment rent in Lakeville has increased by 0.8% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,581/month
785 Sq Ft
House
$2,802/month
2,110 Sq Ft
Townhome
$2,268/month
1,484 Sq Ft
See Rental Market Trends in Lakeville, MN

Getting Around

Somewhat Walkable

Walkability

20 / 100

Very Drivable

Drivability

80 / 100

Fairly Bikeable

Bikeability

40 / 100

Schools

Kennedy Elementary

Public

Grades K-5

612 Students

Cherry View Elementary

Public

Grades K-5

883 Students

East Lake Elementary School

Public

Grades PK-5

824 Students

Oak Hills Elementary

Public

Grades K-5

658 Students

Lakeview Elementary

Public

Grades K-5

521 Students

Century Middle School

Public

Grades 6-8

931 Students

McGuire Middle

Public

Grades 6-8

865 Students

Kenwood Trail Middle School

Public

Grades 6-8

777 Students

Link12 Lakeville Middle School

Public

Grades 6-8

41 Students

Lakeville Esy

Public

Grades K-12

Lakeville South High

Public

Grades 9-12

1,906 Students

Lakeville North High

Public

Grades 9-12

1,796 Students

Lakeville Esy

Public

Grades K-12

Points of Interest

Parks and Recreation

  • Buck Hill
  • Dakota City
  • Murphy-Hanrehan Park Reserve
  • Minnesota Zoo
  • Cleary Lake Regional Park

Airports

  • Minneapolis-St Paul International/Wold-Chamberlain

Top Apartments in Lakeville

Houses for Rent in Lakeville

Search Nearby Rentals

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.