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Updated 3 hours ago

Lakefield Apartments

VERIFIED

550 W Lake St Minneapolis, MN

2 Bed
•
1 Bath

733 Sq. Ft.

Available Now
Deal

$600 VISA GIFT CARD AT LEASE SIGNING!
Floor plans
Studio • 1 Bath
$1,006 - $1,254
419 ft2
0 Available
Unit 614
$1,254
Rented
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Unit 214
$1,006
Rented
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Unit 314
$1,022
Rented
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Unit 403
$1,075
Rented
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Unit 414
$1,075
Rented
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Unit 503
$1,075
Rented
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Unit 203
$1,122
Rented
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Unit 303
$1,122
Rented
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Unit 603
$1,122
Rented
View
Unit 514
$1,075
Rented
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Studio • 1 Bath
$1,006
418 ft2
0 Available
Unit 104
$1,006
Rented
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Studio • 1 Bath
$1,006
392 ft2
0 Available
Unit 111
$1,006
Rented
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Studio • 1 Bath
$1,006
416 ft2
0 Available
Unit 114
$1,006
Rented
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Studio • 1 Bath
$1,006 - $1,122
421 ft2
0 Available
Unit 204
$1,006
Rented
View
Unit 304
$1,122
Rented
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Unit 404
$1,122
Rented
View
Unit 504
$1,122
Rented
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Unit 604
$1,122
Rented
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2 Beds • 1 Bath
$1,650
733 ft2
1 Available
Unit 608
$1,650
Available Now
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3 Beds • 2 Bath
$1,997
1118 ft2
0 Available
Unit 113
$1,997
Rented
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3 Beds • 2 Bath
$1,654 - $2,342
1122 ft2
0 Available
Unit 200
$1,997
Rented
View
Unit 300
$1,654
Rented
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Unit 400
$2,342
Rented
View
Unit 500
$2,342
Rented
View
Unit 600
$2,342
Rented
View
3 Beds • 2 Bath
$2,342
1136 ft2
0 Available
Unit 213
$2,342
Rented
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Unit 413
$2,342
Rented
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Unit 513
$2,342
Rented
View
Unit 613
$2,342
Rented
View
Unit 313
$2,342
Rented
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3 Beds • 2 Bath
$2,342
1126 ft2
0 Available
Unit 205
$2,342
Rented
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Unit 505
$2,342
Rented
View
Unit 305
$2,342
Rented
View
Unit 405
$2,342
Rented
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Unit 605
$2,342
Rented
View
3 Beds • 2 Bath
$1,654
1053 ft2
0 Available
Unit 112
$1,654
Rented
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4 Beds • 2 Bath
$2,334
1219 ft2
0 Available
Unit 117
$2,334
Rented
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4 Beds • 2 Bath
$2,334 - $2,999
1293 ft2
0 Available
Unit 201
$2,334
Rented
View
Unit 301
$2,334
Rented
View
Unit 601
$2,999
Rented
View
Unit 401
$2,334
Rented
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Unit 501
$2,999
Rented
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4 Beds • 2 Bath
$2,334 - $2,999
1232 ft2
0 Available
Unit 217
$2,334
Rented
View
Unit 317
$2,334
Rented
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Unit 417
$2,334
Rented
View
Unit 517
$2,999
Rented
View
Unit 617
$2,999
Rented
View
Where you'll live
Street View
Map View
Satellite View
Lakefield Apartments
Lakefield Apartments
Lakefield Apartments
Location ratings
Walk Score®
95
Walker's Paradise
Transit Score®
62
Good Transit
Bike Score®
98
Biker's Paradise
Amenities
On-site Laundry
Washer / Dryer Connections
Heat Included
Air Conditioning
Fitness Center
Disability Access
Refrigerator
Trash Removal Included
Walk In Closets
Public Transportation
Internet Included
Controlled Access
On Bus Line
Lvp Flooring
Water Included
Recreation Room
Black Whirlpool Appliances
Balcony, Deck, Patio
Central Heating + Air Conditioning
Bike Racks And Storage
Dishwasher
Window Coverings
Views
Vending Machines
Led Lighting
Freezer
Ceramic Tiled Bathrooms
Maple Cabinets
Community Room
Free Common Area Wifi
Garage Parking
Range / Oven
Elevator
Package Receiving
Business Center
Rec Room
On-site Maintenance
Professional On-site Management
Cable Ready
Sewer Included
Central A / C
Cable-ready
Large Closets
Online Community Portal
Smoke-free Community
Online Payments
Gated Entry
Playground
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Pet Deposit: $500.00
Breed Restrictions:

Select breed restrictions apply

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 households of all sizes. With spacious apartments and amenities that emphasize comfort and convenience, Lakefield offers an ideal home for larger households. At Lakefield, there is 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 3 hours ago
Contact Number: (651) 358-2725
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.
2 Bedroom
Suggested income:
$59,400
per year
Rent report

Lakefield Apartments Rent vs. Minneapolis Average

 Lakefield Apartments      Minneapolis Average
2BR
$1,650
$2,082
$0
$700
$1,400
$2,100
$2,800

Lakefield Apartments is asking 21% less than the average 2 bedroom apartment in Minneapolis.

If you upsized to an average priced Minneapolis 3 bedroom apartment, you would pay 13% more per month.

If you downsized to an average priced Minneapolis 1 bedroom apartment, you would pay 46% less per month.

Lakefield Apartments provides 29% less square footage than the average Minneapolis 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Lakefield Apartments
2BR $1,650 $2.30 $4,950
Minneapolis Average
Studio $1,076 $2.50 $3,227
1BR $1,422 $2.20 $4,266
2BR $2,082 $2.00 $6,245
3BR $2,401 $1.90 $7,202
4BR $2,428 $1.80 $7,283

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 1,910 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% 29% 5% 2%
Available Units in Minneapolis
Studio 764
1BR 1,910
2BR 1,234
3BR 213
4BR 102
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 is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 733 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 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?
Lakefield Apartments has a 2 bedroom unit starting at $1,650.
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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