Rental market snapshot for Lakeville, Minnesota

Lakeville, Minnesota Rental Property Market Overview

Lakeville, Minnesota is a vibrant city located in the Twin Cities metropolitan area. According to the US Census, the population of Lakeville in 2021 is 72,812. The city is home to a variety of businesses, parks, and recreational activities, making it a great place to live and work. Lakeville is also known for its excellent schools and safe neighborhoods. With its diverse population and many amenities, Lakeville is a great place to call home.

The average rent for an apartment in Lakeville is $2,131. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 1.3% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Lakeville Minnesota | Cost of Living

  • The most expensive ZIP Code in Lakeville is 55044 with an average price of $2,163
  • The cheapest ZIP Code in Lakeville is 55044 with an average price of $1,875

Lakeville ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
155044$2,163

Live near Lakeville, Minnesota's Top Sights and Attractions

Greenway Park is a beautiful outdoor space located in Lakeville, Minnesota. It features a large lake surrounded by lush green grass, trees, and flowers. There are plenty of walking and biking trails, as well as a playground and picnic area. The park also offers a variety of recreational activities, such as fishing, canoeing, and kayaking. Visitors can also enjoy the stunning views of the lake and the surrounding countryside.

Antlers Park is a picturesque outdoor destination located on the shores of a tranquil lake. Visitors can enjoy a variety of activities, such as fishing, boating, swimming, and picnicking. The park also features a playground, walking trails, and a beach area. The park is surrounded by lush greenery and is a great spot for a peaceful day outdoors.

Casperson Park is a picturesque outdoor area located on the banks of a tranquil lake. Visitors can enjoy a variety of activities, including fishing, swimming, boating, and picnicking. The park also features a playground, walking trails, and a beach area. The park is a great place to relax and take in the natural beauty of the surrounding area.

Aronson Park is a picturesque park located on the shores of a tranquil lake. It features a variety of outdoor activities, including walking trails, fishing, and a playground. There is also a picnic area with grills, and a beach area with a swimming dock. The park also has a large pavilion with a stage, perfect for hosting events or concerts.

US Army Recruiting Station Lakeville is a military recruitment center located in a suburban area. It provides information and resources to those interested in joining the US Army, as well as offering career counseling and guidance. The station also hosts events and activities to help potential recruits learn more about the Army and its opportunities. It is a great place to go for those considering a career in the military.

King Park is a large outdoor recreational area located in a picturesque setting. It features a variety of activities, including a playground, walking trails, picnic areas, and a lake. The park also has a large open field for sports, a disc golf course, and a fishing pier. There is also a pavilion and a gazebo for special events. The park is surrounded by lush trees and greenery, making it a great place to relax and enjoy nature.

Steve Michaud Park is a beautiful outdoor recreation area located in Lakeville, Minnesota. It features a large playground, picnic area, and walking trails. The park also has a pond with a dock, perfect for fishing or just enjoying the view. There are plenty of benches and tables for visitors to relax and take in the scenery. The park is a great place to take the family for a day of fun and relaxation.

Chadwick Park is a beautiful outdoor attraction located in a small town in Minnesota. It features a large lake, walking trails, picnic areas, and a playground. The park also has a variety of wildlife, including ducks, geese, and other birds. There are also plenty of trees and lush green grass, making it a great place to relax and enjoy nature.

Woodbury Conservation Area is a beautiful outdoor destination located in Lakeville, Minnesota. It features over 1,000 acres of rolling hills, wetlands, and woodlands that are perfect for exploring. Visitors can enjoy a variety of activities such as hiking, biking, fishing, bird watching, and picnicking. There are also several trails that wind through the area, providing stunning views of the surrounding landscape. The area is also home to a variety of wildlife, including deer, foxes, and other small mammals.

Ritter Farm Park is a sprawling outdoor recreation area located in the suburbs of Minnesota. It features a variety of activities for visitors of all ages, including a playground, walking trails, picnic areas, and a large lake. The park is also home to a variety of wildlife, including birds, deer, and other small animals. Visitors can also enjoy fishing, canoeing, and kayaking on the lake. The park also offers a variety of educational programs, such as nature walks and educational talks.

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Lakeville, Minnesota area median rent change by ZIP Code map

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How does Lakeville compare to other cities in Minnesota ?

citymedian price
Albertville$2,110
Robbinsdale$1,745
Columbia Heights$1,895
Dayton$2,195
Chaska$1,937
Minnetrista$2,496
Saint Cloud$970
Owatonna$960

Average household income in Lakeville area graph - US Census

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The median household income in Lakeville in 2021 was $112,020. This represents a 17.1% change from 2011 when the median was $95,646.

#categorypercent
0Less than $10,0002.4%
1$10,000 to $14,9991.0%
2$15,000 to $19,9991.3%
3$20,000 to $24,9991.0%
4$25,000 to $29,9992.2%
5$30,000 to $34,9992.4%
6$35,000 to $39,9993.1%
7$40,000 to $44,9992.0%
8$45,000 to $49,9991.9%
9$50,000 to $59,9994.3%
10$60,000 to $74,9997.9%
11$75,000 to $99,99913.3%
12$100,000 to $124,99914.4%
13$125,000 to $149,99911.0%
14$150,000 to $199,99915.4%
15$200,000 or more16.2%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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