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Updated 7 hours ago

Lakefield Apartments


550 W Lake St Minneapolis, MN

Studio - 4 Bed
•
1 - 2 Bath

419 - 1,293 Sq. Ft.

Available Now
Deal

2 month's free rent!
Floor plans
Studio • 1 Bath
$1,075 - $1,354
419 ft2
6 Available
Unit 614
$1,354
Available Now
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Unit 414
$1,075
Available Now
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Unit 514
$1,075
Available Now
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Unit 403
$1,122
Available Now
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Unit 503
$1,122
Available Now
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Unit 603
$1,122
Available Now
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2 Beds • 1 Bath
$1,525 - $1,740
733 ft2
4 Available
Unit 608
$1,740
Available Now
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Unit 508
$1,740
Available Now
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Unit 610
$1,740
Available Now
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Unit 408
$1,525
Available Now
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2 Beds • 1 Bath
$1,740
734 ft2
1 Available
Unit 515
$1,740
Available Now
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2 Beds • 1 Bath
$1,740
736 ft2
2 Available
Unit 502
$1,740
Available Now
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Unit 602
$1,740
Available Now
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3 Beds • 2 Bath
$2,342
1060 ft2
2 Available
Unit 606
$2,342
Available Now
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Unit 406
$2,342
Available Now
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3 Beds • 2 Bath
$2,142 - $2,342
1101 ft2
4 Available
Unit 418
$2,142
Available Now
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Unit 318
$2,342
Available Now
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Unit 618
$2,342
Available Now
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Unit 518
$2,142
Available Now
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3 Beds • 2 Bath
$2,342
1067 ft2
1 Available
Unit 612
$2,342
Available Now
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4 Beds • 2 Bath
$2,334
1219 ft2
1 Available
Unit 117
$2,334
Available Now
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4 Beds • 2 Bath
$2,999
1293 ft2
2 Available
Unit 601
$2,999
Available Now
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Unit 501
$2,999
Available Now
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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
Heat Included
Air Conditioning
Fitness Center
Disability Access
Refrigerator
Trash Removal Included
Walk In Closets
Internet Included
Controlled Access
On Bus Line
Water Included
Central A / C
Range / Oven
Playground
Cable-ready
Large Closets
Online Community Portal
Smoke-free Community
Online Payments
Gated Entry
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 7 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.
Studio
Suggested income:
$41,200
per year
2 Bedroom
Suggested income:
$61,500
per year
3 Bedroom
Suggested income:
$82,200
per year
4 Bedroom
Suggested income:
$100,000
per year
Rent report

Lakefield Apartments Rent vs. Minneapolis Average

 Lakefield Apartments      Minneapolis Average
Studio
$1,145
$1,100
$0
$400
$800
$1,200
$1,600
2BR
$1,709
$2,071
$0
$700
$1,400
$2,100
$2,800
3BR
$2,285
$2,263
$0
$750
$1,500
$2,250
$3,000
4BR
$2,777
$2,552
$0
$950
$1,900
$2,850
$3,800

Lakefield Apartments is asking 4% more than the average studio apartment in Minneapolis.

If you upsized to an average priced Minneapolis 1 bedroom apartment, you would pay 23% more per month.

Lakefield Apartments provides 3% less square footage than the average Minneapolis studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Lakefield Apartments
Studio $1,145 $2.70 $3,435
2BR $1,709 $2.30 $5,128
3BR $2,285 $2.10 $6,855
4BR $2,777 $2.20 $8,332
Minneapolis Average
Studio $1,100 $2.50 $3,301
1BR $1,429 $2.20 $4,286
2BR $2,071 $2.00 $6,212
3BR $2,263 $1.80 $6,788
4BR $2,552 $1.80 $7,656

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 1,853 1BR units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
17% 44% 29% 6% 3%
Available Units in Minneapolis
Studio 732
1BR 1,853
2BR 1,211
3BR 249
4BR 147
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 23 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 23 units vacant and ready for immediate occupancy.
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.
How many bedrooms are in the available units?
There are studio, 2, 3 and 4 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,075 to $2,999. Lakefield Apartments has studio units available starting at $1,075, 2 bedroom units available starting at $1,525, 3 bedroom units available starting at $2,142, and 4 bedroom units available starting at $2,334.
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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