Careers
Favorites
Advertise With Us
Log In
Home / Minneapolis / Lago Apartments
191 Photos
Photos (191)
Photos Floor Plans Amenities Reviews
Never miss out on places like this.
Create an account to get alerts when new listings become available in the Minneapolis area.
Email address:

Error! Please try again later.
Updated 28 minutes ago

Lago Apartments

VERIFIED

500 W Lake St Minneapolis, MN

4.6 5 reviews
Studio - 2 Bed
•
1 Bath

392 - 785 Sq. Ft.

Available Now
Deal

Up to 2 month's free!
Floor plans
Studio • 1 Bath
$1,199 - $1,275
393 ft2
4 Available
Unit 427
$1,199+
Available Now
View
Unit 729
$1,199+
Available Now
View
229-HC
$1,199+
Available Now
View
Unit 529
$1,199+
Available Oct 8th, 2026
View
View Rented Units
Studio • 1 Bath
$1,199 - $1,275
392 ft2
1 Available
Unit 303
$1,199+
Available Oct 8th, 2026
View
View Rented Units
View More
1 Bed • 1 Bath
$1,299
488 ft2
8 Available
Unit 316
$1,299
Available Now
View
Unit 512
$1,299
Available Now
View
Unit 216
$1,299
Available Now
View
Unit 418
$1,299
Available Now
View
Unit 420
$1,299
Available Now
View
Unit 612
$1,299
Available Now
View
Unit 320
$1,299
Available Sep 8th, 2026
View
Unit 314
$1,299
Available Oct 8th, 2026
View
View Rented Units
1 Bed • 1 Bath
$1,350
539 ft2
2 Available
Unit 226
$1,350
Available Sep 8th, 2026
View
Unit 326
$1,350
Available Sep 8th, 2026
View
View Rented Units
View More
2 Beds • 1 Bath
$1,699 - $2,155
785 ft2
2 Available
Unit 222
$1,699+
Available Now
View
Unit 730
$1,699+
Available Sep 8th, 2026
View
View Rented Units
View More
Where you'll live
Street View
Map View
Satellite View
Lago Apartments
Lago Apartments
Lago Apartments
Location ratings
Walk Score®
93
Walker's Paradise
Transit Score®
60
Good Transit
Bike Score®
98
Biker's Paradise
Amenities
In-unit Laundry
Washer / Dryer Connections
Air Conditioning
Fitness Center
Storage
Refrigerator
Controlled Access
On Bus Line
Club Lago Rewards
Lyn-lounge Community Room
Touch Base Fitness Center
Club Lago Sky Lounge
Pet Friendly Building With Spa And Park
Transit Screen
Spanish Speaking Staff
Lvt White Oak Flooring
Public Transportation Nearby
Wheels Bike Lounge
Midtown Greenway Bike Trail
Visitor Bike Parking
Heated Garage With Ev Charging Stations
Freezer
Range / Oven
Ceiling Fans
Large Closets
Led Lighting
Roller Shades
Stylish Kitchens And Baths
Patio/balcony/terrace
Balcony, Deck, Patio
Quartz Countertops
Living Room
Cable-ready
Elevator
Package Receiving
Business Center
Near Grocery Store
Sun Deck
Rec Room
Stainless Appliances
Professional On-site Management
On-site Management And Maintenance
Dishwasher
Online Community Portal
Online Payments
Amazing Location
Coffee Station
Coworking Spaces
Extra Storage
Flex Pay
Green Roof
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Number Limit:

2 pets maximum

Breed Restrictions:

Breed restrictions apply

Cat:

| Restrictions: None One time

Cat Deposit:

$200.00 One time due at move-in

Cat Fee:

$200.00 One time due at move-in

Cat Rent:

$25.00 Monthly due with rent

Dog:

| Restrictions: See manager One time

Dog Deposit:

$200.00 One time due at move-in

Dog Fee:

$200.00 One time due at move-in

Dog Rent:

$40.00 Monthly due with rent

Parking
Covered Parking
Off-street Parking
Lease & Fees
Lease Length:

12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24

Application Fee:

$50

Other:

$4.25/month utility admin fee

Property details
Description

The Lago is a multi-use building consisting of both market-rate and affordable studio, 1- and 2-bedroom apartments. Set in a prime location, the Lago is surrounded by multiple vibrant and colorful neighborhoods. Explore local boutiques and shops in trendy Uptown; go on a dumpling crawl and taste your way through Whittier's ethnically diverse Eat Street; or, get together with friends for an unforgettable night at LynLake's famous Bryant Lake Bowl.

Additional Details
Income Restrictions: We generally require 2x the rent in verifiable income.
Total Unit Count: 132
Last Updated: Updated 28 minutes ago
Contact Number: (651) 689-5310
Property manager information
Halverson and Blaiser Group, LTD
Ask a question
Office Hours
Monday: 9:00 AM - 5:00 PM
Tuesday: 9:00 AM - 5:00 PM
Wednesday: 9:00 AM - 5:00 PM
Thursday: 9:00 AM - 5:00 PM
Friday: 9:00 AM - 5:00 PM
Saturday: 10:00 AM - 4:00 PM
Contact Lago Apartments
Your Name

Email Address

Phone Number (optional)
Request a Tour Date

Ask a Question

Error! Please try again later.
Reviews
Lago Apartments
4.6
5 reviews
Hella
June 12, 2022
-Takes two weeks for any trash to be thrown out. -Ghetto people are moving in therefore their activities are coming with them. -Someones Blood...
Read More
Louie
December 02, 2021
Construction is well underway on these new apartments on Lake Street in Uptown, Minneapolis. Opening April 2022, but the leasing office is right next door and just opened.
Julie
November 20, 2021
Looking at the variety of floor plans, the amenities, and the location on The Lago Apartments website. These apartments won't disappoint! Looking forward to...
Read More
Tony
November 15, 2021
New apartment homes in Uptown!! Great location, great in unit amenities!
Amanda
November 03, 2021
New apartments set to open soon in a great location! Just steps away from public transportation, bars, restaurants and more!
Message Sent.
A confirmation email has been sent to your inbox.
More Properties Like This
$1,196 - $1,715
Lake Street Dwelling
410 W Lake St Minneapolis, MN
1 - 2 BR | Available Now
0.0 miles away
$1,075 - $1,740
Lakefield Apartments
550 W Lake St Minneapolis, MN
Studio - 2 BR | Available Now
0.1 miles away
$1,199
Colonial Terrace
1266 Gorman Ave West St Paul, MN
1 BR | Oct. 1, 2026
10.3 miles away
$1,249
Gold Crest Apartments
34 12Th Ave Hopkins, MN
1 BR | Available Now
6.5 miles away
$1,225
Portland Terrace
7232 Portland Ave Richfield, MN
1 BR | Available Now
5.4 miles away
$1,197 - $1,545
Broadway Flats
2505 Penn Avenue North Minneapolis, MN
1 - 2 BR | Available Now
4.1 miles away
$1,040 - $1,245
City Place Lofts
730 Hennepin Ave Minneapolis, MN
Studio - 1 BR | Available Now
2.1 miles away
$1,199 - $1,349
Charlton Terrace
212 & 232 W. Thompson Ave. West St Paul, MN
1 - 2 BR | Available Now
9.9 miles away
$1,199 - $1,434
The Theodore Apartments 55+
2840 N Wayzata Blvd Minneapolis, MN
1 - 2 BR | Available Now
2.2 miles away
$1,249 - $1,499
Charlton Park
100 W. Thompson Ave & 105 Carmel West St Paul, MN
1 - 2 BR | Available Now
10.2 miles away
$1,199 - $1,727
Mill City Quarter
322 S 2Nd St Minneapolis, MN
1 - 2 BR | Sep. 5, 2026
2.5 miles away
View More Apartments in Minneapolis
Contact Property
Your Name

Email Address

Phone Number (optional)
Request a Tour Date

Ask a Question

Error! Please try again later.
Photos Floor Plans Amenities Reviews
Renters Also Viewed
$1,196 - $1,715
Lake Street Dwelling
410 W Lake St Minneapolis, MN
1 - 2 BR | Available Now
0.0 miles away
$1,195 - $1,250
Good Dwelling
2640 Nicollet Ave Minneapolis, MN
1 BR | Available Now
0.5 miles away
$1,175
Spacious Corner 1 Bedroom, Blocks From Both Lakes, Hardwood Floors, Office/sunroom, Heat Paid
2870 Humboldt Ave #12 S Minneapolis, MN
1 BR | Sep. 1, 2026
0.8 miles away
$1,089 - $1,500
Lyndy Apartments
2905 Harriet Avenue Minneapolis, MN
Studio - 1 BR | Available Now
0.1 miles away
$1,239 - $2,940
The Asher
1125 Lagoon Ave Minneapolis, MN
Studio - 2 BR | Available Now
0.4 miles away
$1,100 - $1,210
2611 Pleasant Avenue South
Minneapolis, MN
1 BR | Available Now
0.5 miles away
$899 - $1,250
2741 Pillsbury
2741 Pillsbury Ave S Minneapolis, MN
Studio - 2 BR | Available Now
0.4 miles away
$995 - $1,635
The Fremont
2825 Fremont Avenue S Minneapolis, MN
Studio - 2 BR | Available Now
0.5 miles away
$1,450 - $3,316
Track 29 Apartments
2841 Bryant Ave S Minneapolis, MN
Studio - 2 BR | Available Now
0.3 miles away
$1,100 - $1,996
Odie Apartments
607 W 28th St Minneapolis, MN
Studio - 2 BR | Available Now
0.2 miles away
$2,430 - $2,965
Lagoon Ave
Minneapolis, MN
2 BR
0.7 miles away
Other Properties from Halverson and Blaiser Group, LTD
$1,075 - $1,740
Lakefield Apartments
550 W Lake St Minneapolis, MN
Studio - 2 BR | Available Now
0.1 miles away
$1,199
Colonial Terrace
1266 Gorman Ave West St Paul, MN
1 BR | Oct. 1, 2026
10.3 miles away
$1,249
Gold Crest Apartments
34 12Th Ave Hopkins, MN
1 BR | Available Now
6.5 miles away
$1,225
Portland Terrace
7232 Portland Ave Richfield, MN
1 BR | Available Now
5.4 miles away
$1,197 - $1,545
Broadway Flats
2505 Penn Avenue North Minneapolis, MN
1 - 2 BR | Available Now
4.1 miles away
$1,040 - $1,245
City Place Lofts
730 Hennepin Ave Minneapolis, MN
Studio - 1 BR | Available Now
2.1 miles away
$1,199 - $1,349
Charlton Terrace
212 & 232 W. Thompson Ave. West St Paul, MN
1 - 2 BR | Available Now
9.9 miles away
$1,199 - $1,434
The Theodore Apartments 55+
2840 N Wayzata Blvd Minneapolis, MN
1 - 2 BR | Available Now
2.2 miles away
$1,249 - $1,499
Charlton Park
100 W. Thompson Ave & 105 Carmel West St Paul, MN
1 - 2 BR | Available Now
10.2 miles away
$1,199 - $1,727
Mill City Quarter
322 S 2Nd St Minneapolis, MN
1 - 2 BR | Sep. 5, 2026
2.5 miles away
New Properties on Rentable
$850 - $1,400
Commons at Penn
2205 Golden Valley Rd Minneapolis, MN
1 - 3 BR | Available Now
3.7 miles away
$1,175 - $1,480
Penn Avenue Union
2200 Golden Valley Rd Minneapolis, MN
1 - 3 BR | Available Now
3.7 miles away
$1,923 - $2,034
1800 Lake
1800 W Lake St Minneapolis, MN
1 BR | Available Now
0.9 miles away
$1,923 - $2,511
1800 Lake Apartments
1800 W Lake St Minneapolis, MN
1 - 2 BR | Available Now
0.9 miles away
$384 - $739
University Commons
609 Huron Blvd SE Minneapolis, MN
2 - 4 BR | Aug. 27, 2026
3.4 miles away
$945 - $1,215
2017 Pillsbury Avenue
2017 Pillsbury Ave Minneapolis, MN
1 - 2 BR | Available Now
1.0 miles away
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Lago Apartments by bedroom type below.
Studio
Suggested income:
$43,200
per year
1 Bedroom
Suggested income:
$47,100
per year
2 Bedroom
Suggested income:
$61,200
per year
Rent report

Lago Apartments Rent vs. Minneapolis Average

 Lago Apartments      Minneapolis Average
Studio
$1,199
$1,115
$0
$400
$800
$1,200
$1,600
1BR
$1,309
$1,444
$0
$500
$1,000
$1,500
$2,000
2BR
$1,699
$2,102
$0
$700
$1,400
$2,100
$2,800

Lago Apartments is asking 9% less than the average 1 bedroom apartment in Minneapolis.

If you upsized to an average priced Minneapolis 2 bedroom apartment, you would pay 31% more per month.

If you downsized to an average priced Minneapolis studio apartment, you would pay 29% less per month.

Lago Apartments provides 23% less square footage than the average Minneapolis 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Lago Apartments
Studio $1,199 $3.10 $3,597
1BR $1,309 $2.60 $3,928
2BR $1,699 $2.20 $5,097
Minneapolis Average
Studio $1,115 $2.60 $3,345
1BR $1,444 $2.20 $4,332
2BR $2,102 $2.10 $6,305
3BR $2,284 $1.70 $6,851
4BR $2,653 $1.70 $7,959

Availability in Minneapolis

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 2,128 1BR units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
19% 46% 28% 5% 2%
Available Units in Minneapolis
Studio 870
1BR 2,128
2BR 1,270
3BR 215
4BR 83
Location
Nearby Colleges

Minneapolis Community and Technical College

Capella University

Augsburg College

Walden University

University of Minnesota - Twin Cities

FAQs
Is this property currently leasing units?
Yes. There are 17 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 17 units available for move-in over the next 2 months. 10 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 392 to 785 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio, 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,125 to $2,155. Lago Apartments has studio units available starting at $1,125, 1 bedroom units available starting at $1,299, and 2 bedroom units available starting at $1,699.
Where is this property located?
This property is at 500 W Lake St in Minneapolis, MN. It's 2.6 miles southwest from the center of Minneapolis.
Call Email
Popular Searches
Cities
Neighborhoods
Colleges
More Properties Like This
Other Nearby Searches