As of June 2026, rental prices in Lakeville, MN range from $1,590 to $3,001 per month depending on property type and bedroom count.
The largest year-over-year change was a 5.62% increase for single-family 1BR rentals in Lakeville, MN.
Comparing property types for 2BR units, single-family homes have a median rent of $2,099 while apartments are at $1,934.
What is the current range of rental prices in Lakeville, MN?
As of June 2026, rents in Lakeville, MN span from $1,590 for a 1BR condo/townhome up to $3,001 for a 4BR single-family home.
Which segment had the highest annual growth in Lakeville, MN, and is that growth broad or focused on one bedroom type?
The largest year-over-year increase was seen in single-family 1BR rentals at 5.62%, and other single-family segments also saw growth, indicating gains across the broader property type (3.12%–5.62% YoY for 1BR–3BR, with 4BR slightly declining at -0.43%).
For which bedroom count does a property type stand out in median rent compared to its peers in Lakeville, MN?
In the 3BR category, single-family homes command a notably higher median rent at $2,821 versus $2,529 for condos/townhomes and $2,426 for apartments.
Are there any outlier numbers in the Lakeville, MN rental data for June 2026?
2BR condos/townhomes experienced an unusual monthly decline of -3.33%, the sharpest month-over-month movement among all segments in Lakeville, MN.
Lakeville, MN
June 2026
55044
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,519 – $1,679
0.37%
4.86%
2-Bedroom
$1,837 – $2,031
3.25%
4.93%
3-Bedroom
$2,329 – $2,523
2.33%
-0.46%
4-Bedroom
$2,896 – $3,112
1.16%
3.17%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,539 – $1,641
0.70%
3.92%
2-Bedroom
$1,946 – $2,046
-3.33%
1.71%
3-Bedroom
$2,453 – $2,605
-0.88%
2.81%
4-Bedroom
$2,901 – $3,014
1.04%
1.46%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,649 – $1,727
1.09%
5.62%
2-Bedroom
$2,032 – $2,166
1.21%
4.43%
3-Bedroom
$2,717 – $2,926
3.99%
3.12%
4-Bedroom
$2,866 – $3,136
-2.07%
-0.43%
Data updated: July 19, 2026
In the Lakeville (55044) rental market, 2-bedroom apartments saw the strongest monthly growth with a 3.25% increase, pushing the median rent to $1,934. This marked gain in June reflects heightened interest and demand for midsize apartment rentals in Lakeville (55044).
While apartment rents rose, 3-bedroom single-family homes in Lakeville (55044) reached a median rent of $2,821, outpacing 3-bedroom apartments by $395. This price differential suggests a significant premium for detached housing options among local renters.
Cooling at the upper end of the market is evident, as Lakeville (55044) rental trends indicate 4-bedroom single-family homes declined 2.07% month-over-month to $3,001—the only 4-bedroom segment to post a decrease for June.
12-Month Median Rent Trend
Apartment
Month
1 BR
2 BR
3 BR
4 BR
June 2026
$1,599
$1,934
$2,426
$2,958
May 2026
$1,593
$1,873
$2,371
$2,924
April 2026
$1,580
$1,912
$2,372
$2,905
March 2026
$1,572
$1,942
$2,421
$2,897
February 2026
$1,588
$1,944
$2,388
$2,913
January 2026
$1,545
$1,947
$2,496
$2,938
December 2025
$1,571
$1,938
$2,504
$2,959
November 2025
$1,592
$1,952
$2,470
$2,968
October 2025
$1,595
$1,951
$2,444
$2,962
September 2025
$1,580
$1,902
$2,490
$2,950
August 2025
$1,553
$1,856
$2,527
$2,931
July 2025
$1,496
$1,891
$2,499
$2,900
Condo / Townhome
Month
1 BR
2 BR
3 BR
4 BR
June 2026
$1,590
$1,996
$2,529
$2,926
May 2026
$1,579
$2,064
$2,552
$2,896
April 2026
$1,572
$1,963
$2,380
$2,885
March 2026
$1,564
$1,975
$2,363
$2,887
February 2026
$1,570
$1,994
$2,532
$2,911
January 2026
$1,582
$2,012
$2,438
$2,933
December 2025
$1,593
$2,021
$2,471
$2,959
November 2025
$1,593
$2,028
$2,441
$2,967
October 2025
$1,591
$2,016
$2,456
$2,954
September 2025
$1,601
$2,009
$2,466
$2,941
August 2025
$1,567
$1,999
$2,499
$2,925
July 2025
$1,547
$2,017
$2,501
$2,905
Single-Family
Month
1 BR
2 BR
3 BR
4 BR
June 2026
$1,673
$2,099
$2,821
$3,001
May 2026
$1,655
$2,074
$2,713
$3,064
April 2026
$1,645
$1,922
$2,404
$3,113
March 2026
$1,642
$2,060
$2,666
$2,955
February 2026
$1,642
$2,071
$2,715
$3,009
January 2026
$1,641
$2,077
$2,732
$3,000
December 2025
$1,644
$2,091
$2,728
$3,023
November 2025
$1,645
$2,095
$2,725
$3,076
October 2025
$1,637
$2,085
$2,734
$3,056
September 2025
$1,629
$2,088
$2,742
$3,037
August 2025
$1,618
$2,054
$2,733
$2,984
July 2025
$1,603
$2,032
$2,738
$3,022
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