Lakeville, MN rental market

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Last updated August 10, 2025

Rental market summary

The average rent for all bedrooms and all property types in Lakeville, MN is $2,199.

Average rent

$2,199

Month-over-month change

-$51

Year-over-year change

-$340

Available rentals

77

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $750 to $4,900.

Rent frequencies
Rent priceNumber of rental properties
$7001
$9001
$1,2001
$1,3007
$1,4003
$1,5002
$1,6003
$1,7004
$1,8001
$1,9004
$2,0009
$2,1008
$2,2003
$2,3002
$2,4002
$2,5006
$2,6003
$2,7004
$2,8005
$2,9006
$3,0001
$3,2002
$3,3001
$3,4001
$3,5001
$3,6002
$3,7002
$3,8001
$4,0001
$4,1001
$4,8001
$4,900+1

Average rent price over time

In the last year, rent has decreased by $340 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,575$2,254
Feb$2,350$2,250
Mar$2,308$2,351
Apr$2,214$2,350
May$2,221$2,369
Jun$2,540$2,499
Jul$2,350$2,500
Aug$2,595$2,250
Sep$2,499No data
Oct$2,539No data
Nov$2,300No data
Dec$2,175No data

Market temperature

The Lakeville, MN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Lakeville, MN is 5% higher than the national average.

Lakeville, MNvs.

$2,199

$2,100

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Frequently asked questions

1. What is the average rent in Lakeville, MN?

The average rent in Lakeville, MN is $2,199.

2. How much does it cost to rent a house in Lakeville, MN?

Houses in Lakeville, MN rent between $750 - $4,900 with an average rent of $2,199.

3. How has the rent in Lakeville, MN changed in the last year?

In the last year, the rent in Lakeville, MN decreased by $340

4. How much has the rent in Lakeville, MN increased/decreased in the last month?

In the last month, the rent in Lakeville, MN decreased by $51

5. How many available rentals are there in Lakeville, MN?

There are currently 77 rentals available in Lakeville, MN.

6. How do rent prices in Lakeville, MN compare with the national average?

The average rent in Lakeville, MN is $2,199 — 4.71% higher the national average of $2,100.