Lakefield Apartments
550 W Lake St, Minneapolis, MN 55408
- Total Monthly Price
- $1,116 - $2,342
- Bedrooms
- Studio - 3Studio - 3 Beds
- Bathrooms
- 1 - 21 - 2 Baths
- Sq. Ft.
- 419 - 1,136 sq ft
Pricing and Floor Plans
Studio (Tier 2)
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503
$1,116
419 Sq. Ft.
Now
2 Bedroom (Tier 3)
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315
$1,740
734 Sq. Ft.
Oct. 5
410
$1,740
733 Sq. Ft.
Oct. 6
510
$1,655
733 Sq. Ft.
Nov. 5
2 Bedroom (Tier 2)
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210
$1,430
733 Sq. Ft.
Nov. 5
208
$1,442
733 Sq. Ft.
Nov. 5
310
$1,442
733 Sq. Ft.
Dec. 5
3 Bedroom (Tier 3)
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500
$2,342
1,122 Sq. Ft.
Now
213
$2,342
1,136 Sq. Ft.
Oct. 5
600
$2,342
1,122 Sq. Ft.
Dec. 5
Income Restrictions
Income restrictions apply to some or all residents. Contact the community for more information.
How To Qualify
Based on the size of your household, your Maximum Annual Income must be equal to or less than the amount listed in this chart.
| # of Persons | 80 % Income Limit | 50 % Income Limit |
|---|---|---|
| 1 | $74,160 | $46,350 |
| 2 | $84,800 | $53,000 |
| 3 | $95,360 | $59,600 |
| 4 | $105,920 | $66,200 |
| 5 | $114,400 | $71,500 |
| 6 | $122,880 | $76,800 |
Details
Lease Term Options
- 10 - 14 Month Leases
Property Information
- Built in 2025
- 110 units7 stories
Fees & Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Utilities & Essentials
-
Utility - WaterIncluded in Rent / mo
-
Utility- HeatIncluded in Rent / mo
-
Utility - ElectricVaries / mo
-
CableVaries / mo
-
High Speed Internet AccessVaries / mo
-
Utility - SewerVaries / mo
-
Utility- TrashVaries / mo
One-Time Basics
Due at Application
-
Application Fee Per Applicant$50
-
Security Deposit - Refundable$500
Garage
-
Parking Fee$150 - $200 / mo
Dogs Allowed
-
Dog Deposit$500
Restrictions
Pit Bull, Doberman, Wolf Hybrid, Chow, Rottweiler, American Pit Bull/Bull Terrier, Akita, American Staffordshire Terrier
Comments
| Restrictions: Pit Bull, Doberman, Wolf Hybrid, Chow, Rottweiler, American Pit Bull/Bull Terrier, Akita, American Staffordshire Terrier
Cats Allowed
-
Cat Deposit$500
Restrictions
None
Comments
| Restrictions: None
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Matterport 3D Tours
Explore Commute Options
Property Highlights
- 24-hour maintenance
- Bike Racks and Storage
- Black Whirlpool Appliances
- Central Heating + Air Conditioning
- Ceramic Tiled Bathrooms
- Community Room
- Flex Pay
- Free Common Area WiFi
- LED Lighting
- LVP Flooring
- Maple Cabinets
- Online maintenance portal
- Online Rent Payment
- Patio/Balcony
- Vending Machines
- View
Apartment Features
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Freezer
- Heating
- Kitchen
- Oven
- Patio
- Range
- Recreation Room
- Refrigerator
- Tub/Shower
- Walk-In Closets
- Wi-Fi
- Window Coverings
Community Features
- 24 Hour Access
- Business Center
- Controlled Access
- Elevator
- Fitness Center
- Garages
- Income Restricted
- Laundry Facilities
- Maintenance on site
- Online Services
- Package Service
- Playground
- Property Manager on Site
- Public Transportation
- Utilities Included
Map of Lakefield Apartments
Area Scores
Walkability
Exceptionally walkable
Transit
Exceptional public transit
Driveability
Very drivable
Bikeability
Exceptionally bikeable
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Driveability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
Soundscore™
Busy
A Sound Score rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
Transit
Commuter Rail
10 min Drive
Airport
21 min Drive
Moving to East Lyn-Lake, Minneapolis, MN
Shopping Centers
Shoppers will appreciate Lakefield Apartments proximity to Uptown Row, Highland Plaza Shopping Center, and Seven Points Uptown. Uptown Row is 0.6 miles away, and Highland Plaza Shopping Center is within an 11 minute walk.
Commuting
With top-notch public transportation and a TransitScore of 90, East Lyn-Lake is exceptional public transit. Within 22.8 miles of Lakefield Apartments, you’ll find Nicollet Mall Station, Government Plaza Station, and Downtown East/Metrodome Station.
Parks and Recreation
Recreational activities near Lakefield Apartments are plentiful. Discover 5 parks within 1 mile, including Bryant Square Park, Painter Park, and Whittier Park.
Airports
Living in East Lyn-Lake provides easy access to Minneapolis-St Paul International/Wold-Chamberlain, located just 20 minutes from Lakefield Apartments.
Local Education
Primary and Secondary Schools
Whittier International
Grades PK-5
Public
Andersen Community
Grades PK-8
Public
City of Lakes Waldorf School
Grades PK-8
Private
South Senior High School
Grades 9-12
Public
Cristo Rey Jesuit High School Twin Cities
Grades 9-12
Private
Data provided by GreatSchools.org © 2026. All rights reserved.
Colleges and Universities
| School | Commute Time (Distance) |
|---|---|
| Minneapolis College | Drive: 5 min (2 mi) |
| University of St. Thomas | Drive: 7 min (2.4 mi) |
| North Central University | Drive: 7 min (2.6 mi) |
| Augsburg College | Drive: 8 min (4.2 mi) |
About Lakefield Apartments
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.
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.
Lakefield Apartments is an apartment community in Minneapolis, MN
Contact
Minneapolis, MN 55408
- Sunday Closed
- 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 Closed
Lakefield Apartments Gallery
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Contact This Property
(651) 377-4556Languages: English
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