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Updated 38 minutes ago

Lakefield Apartments

VERIFIED

550 W Lake St Minneapolis, MN

Studio - 4 Bed
•
1 - 2 Bath

419 - 1,293 Sq. Ft.

Available starting Sep. 1st
Floor plans
Studio • 1 Bath
$1,122 - $1,354
419 ft2
3 Available
Unit 203
$1,122
Available Sep 1st, 2025
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Unit 303
$1,122
Available Sep 1st, 2025
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Unit 614
$1,354
Available Sep 1st, 2025
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2 Beds • 1 Bath
$1,442
728 ft2
1 Available
Unit 107
$1,442
Available Sep 1st, 2025
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2 Beds • 1 Bath
$1,442
727 ft2
1 Available
Unit 108
$1,442
Available Sep 1st, 2025
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2 Beds • 1 Bath
$1,740
734 ft2
4 Available
Unit 315
$1,740
Available Sep 1st, 2025
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Unit 415
$1,740
Available Sep 1st, 2025
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Unit 515
$1,740
Available Sep 1st, 2025
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Unit 615
$1,740
Available Sep 1st, 2025
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2 Beds • 1 Bath
$1,740
736 ft2
3 Available
Unit 402
$1,740
Available Sep 1st, 2025
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Unit 502
$1,740
Available Sep 1st, 2025
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Unit 602
$1,740
Available Sep 1st, 2025
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2 Beds • 1 Bath
$1,740
733 ft2
6 Available
Unit 408
$1,740
Available Sep 1st, 2025
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Unit 410
$1,740
Available Sep 1st, 2025
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Unit 508
$1,740
Available Sep 1st, 2025
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Unit 510
$1,740
Available Sep 1st, 2025
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Unit 608
$1,740
Available Sep 1st, 2025
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Unit 610
$1,740
Available Sep 1st, 2025
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3 Beds • 2 Bath
$2,342
1136 ft2
4 Available
Unit 213
$2,342
Available Sep 1st, 2025
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Unit 313
$2,342
Available Sep 1st, 2025
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Unit 413
$2,342
Available Sep 1st, 2025
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Unit 513
$2,342
Available Sep 1st, 2025
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3 Beds • 2 Bath
$2,342
1126 ft2
2 Available
Unit 305
$2,342
Available Sep 1st, 2025
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Unit 505
$2,342
Available Sep 1st, 2025
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3 Beds • 2 Bath
$2,342
1101 ft2
4 Available
Unit 318
$2,342
Available Sep 1st, 2025
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Unit 418
$2,342
Available Sep 1st, 2025
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Unit 518
$2,342
Available Sep 1st, 2025
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Unit 618
$2,342
Available Sep 1st, 2025
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View Rented Units
3 Beds • 2 Bath
$2,342
1122 ft2
3 Available
Unit 400
$2,342
Available Sep 1st, 2025
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Unit 500
$2,342
Available Sep 1st, 2025
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Unit 600
$2,342
Available Sep 1st, 2025
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View Rented Units
3 Beds • 2 Bath
$2,342
1060 ft2
3 Available
Unit 406
$2,342
Available Sep 1st, 2025
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Unit 506
$2,342
Available Sep 1st, 2025
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Unit 606
$2,342
Available Sep 1st, 2025
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4 Beds • 2 Bath
$2,999
1293 ft2
2 Available
Unit 501
$2,999
Available Sep 1st, 2025
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Unit 601
$2,999
Available Sep 1st, 2025
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View Rented Units
4 Beds • 2 Bath
$2,999
1232 ft2
2 Available
Unit 517
$2,999
Available Sep 1st, 2025
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Unit 617
$2,999
Available Sep 1st, 2025
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Where you'll live
Street View
Map View
Satellite View
Lakefield Apartments
Lakefield Apartments
Lakefield Apartments
Amenities
On-site Laundry
Heat Included
Air Conditioning
Fitness Center
Disability Access
Refrigerator
Trash Removal Included
Walk In Closets
Internet Included
Controlled Access
On Bus Line
Water Included
Range / Oven
Central A / C
Gated Entry
Cable-ready
Large Closets
Online Community Portal
Smoke-free Community
Online Payments
Sewer Included
Cable Ready
Professional On-site Management
On-site Maintenance
Rec Room
Business Center
Package Receiving
Elevator
Balcony, Deck, Patio
Dishwasher
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Pet Deposit: $500.00
Breed Restrictions:

Yes, inquire with office

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

10, 11, 12, 13, 14

Security Deposit:

$500 holding fee that goes towards deposit

Application Fee:

$50

Property details
Description

Lakefield Apartments is a brand-new affordable living community in the heart of Lyn-Lake/Uptown, thoughtfully designed for families of all sizes. With spacious apartments and family-focused amenities that emphasize comfort and convenience, Lakefield offers an ideal home for larger households. At Lakefield, families have room to grow and enjoy a vibrant community atmosphere, making it the perfect place to thrive.

Additional Details
Year Built: 2025
Total Unit Count: 110
Last Updated: Updated 38 minutes ago
Contact Number: (651) 390-1094
Property manager information
Halverson and Blaiser Group, LTD
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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
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
US Internet Corp. 10000.0 10000.0
Arvig Enterprises, Inc. 1000.0 1000.0
Comcast Corporation 987.0 35.0
CenturyLink, Inc. 940.0 940.0
ViaSat, Inc. 100.0 3.0
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
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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 Lakefield Apartments by bedroom type below.
Studio
Suggested income:
$43,200
per year
2 Bedroom
Suggested income:
$61,200
per year
3 Bedroom
Suggested income:
$84,300
per year
4 Bedroom
Suggested income:
$108,000
per year
Rent report

Lakefield Apartments Rent vs. Minneapolis Average

 Lakefield Apartments      Minneapolis Average
Studio
$1,199
$1,103
$0
$400
$800
$1,200
$1,600
2BR
$1,700
$1,970
$0
$650
$1,300
$1,950
$2,600
3BR
$2,342
$2,246
$0
$800
$1,600
$2,400
$3,200
4BR
$2,999
$2,453
$0
$1,000
$2,000
$3,000
$4,000

Lakefield Apartments is asking 9% more than the average studio apartment in Minneapolis.

If you upsized to an average priced Minneapolis 1 bedroom apartment, you would pay 18% more per month.

Lakefield Apartments provides 4% less square footage than the average Minneapolis studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Lakefield Apartments
Studio $1,199 $2.90 $3,598
2BR $1,700 $2.30 $5,101
3BR $2,342 $2.10 $7,026
4BR $2,999 $2.40 $8,997
Minneapolis Average
Studio $1,103 $2.50 $3,310
1BR $1,345 $2.10 $4,034
2BR $1,970 $2.00 $5,909
3BR $2,246 $1.90 $6,738
4BR $2,453 $1.80 $7,360

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 1,905 1BR units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
18% 45% 27% 6% 3%
Available Units in Minneapolis
Studio 781
1BR 1,905
2BR 1,136
3BR 259
4BR 111
Location
Nearby Colleges

Minneapolis Community and Technical College

Capella University

Augsburg College

Walden University

University of Minnesota - Twin Cities

Campus Buildings and Attractions
Distance Walking Biking Driving
Loring Park 1.7 mi 32 min 14 min 4 min
Helland Center 1.8 mi 35 min 13 min 5 min
Whitney Fine Arts Theatre 1.8 mi 35 min 12 min 5 min
Management Education Center 1.9 mi 37 min 13 min 5 min
Ackerberg Science Center 1.9 mi 38 min 13 min 5 min
Nearby Hospitals
Name Distance
Abbott Northwestern Hospital 1.29 mi.
Childrens Hosp & Clinics Minne 1.33 mi.
Phillips Eye Institute 1.33 mi.
Nearby Fire Stations
Name Distance
Lowry Fire Department 1.27 mi.
Metropolitan Airports Commission 1.59 mi.
Minneapolis Fire Department 1.59 mi.
FAQs
Is this property currently leasing units?
Yes. There are 44 available units at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months. The next unit is available for move-in on September 01, 2025.
What's the square footage of the available units?
The available units range from 419 to 1,293 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
Where is this property located?
This property is at 550 W Lake St in Minneapolis, MN. It's 2.6 miles southwest from the center of Minneapolis.
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