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Lakeville Apartment Features


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All About

Living In Lakeville, MN

Lakeville, a town in Minnesota, has a population of slightly more than 61,000. It's a nice place to raise a family, as children aged 5-14 account for a higher percentage of the population here (24%) than nationally (19%), while retirees account for a smaller percentage of the city. At an average age of just over 35, the city's residents are notably younger than most cities in Minnesota. The majority of residents own their homes in Lakeville, and 13% of residents rent. With an average rent of $1,391 per month, exceeding the state average by $400/month, relatively high rent costs could be a factor in the higher levels of ownership.

Averaging about 28 minutes, Lakeville's commute time is slower than the Minnesota average of about 25 minutes. Driving a vehicle is the most common mode of getting to work, selected by 50% of commuters, while public transit is not extensively used. Walking isn't a common means of commuting to work.

Lakeville residents have a plethora of industries from which to choose. The four most common are retail, healthcare, manufacturing, and finance. Together, these industries make up 28% of the city's workforce. Meanwhile, in terms of job function, many residents work in management, making it the top career path in the city. Lakeville workers earn an average annual income of about $112K, around $31,000 more than those elsewhere in Minnesota. The city's average income also compares favorably to the national average of $73,345. Compared to the national average (21%), Lakeville has a large percentage of residents over the age of 25 who have earned a Bachelor's, Master's, Professional, or Doctoral degree (31%).

Frequently Asked Questions About Lakeville

What is the average rent in Lakeville?

The average rent of a studio apartment in Lakeville is $1,225 per month. For a one-bedroom apartment it's $1,587 per month. For a two-bedroom apartment the average rent is $1,820 per month.

What is the average cost of rent for a one-bedroom in Lakeville?

The average rent of a one-bedroom apartment in Lakeville is $1,587

Are there any cheap apartments for rent in Lakeville?

For the best deal, we recommend using our cheap apartments filter.

Are there any pet friendly apartments in Lakeville?

Apply Apartment Guide's pet friendly filter to see only Lakeville apartments that accept pets.

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Information is copyrighted and school data provided by Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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