• Lakefield Apartments - Lakefield Apartments

Lakefield Apartments

550 W Lake St, Minneapolis, MN 55408

Floor Plan Summary
Monthly RentBedroomsBathrooms
$1,122 - $2,999Studio - 4 1 - 2

Pricing and Floor Plans

Studio (50%)

$1,122
Studio, 1 Bath
419 - 421 Sq. Ft.

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Sep. 1
Unit
Price
Sq. Ft.
Available
203
$1,122
419
9/1/25
303
$1,122
419
9/1/25
304
$1,122
421
9/1/25

Studio (80%)

$1,354
Studio, 1 Bath
419 Sq. Ft.

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Sep. 1
Unit
Price
Sq. Ft.
Available
614
$1,354
419
9/1/25

2 Bedroom (50%)

$1,442
2 Beds, 1 Bath
727 - 736 Sq. Ft.

Show Floor Plan Details

Sep. 1
Unit
Price
Sq. Ft.
Available
107
$1,442
728
9/1/25
108
$1,442
727
9/1/25
110
$1,442
727
9/1/25

2 Bedroom (80%)

$1,740
2 Beds, 1 Bath
733 - 736 Sq. Ft.

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Sep. 1
Unit
Price
Sq. Ft.
Available
315
$1,740
734
9/1/25
402
$1,740
736
9/1/25
408
$1,740
733
9/1/25

3 Bedroom (80%)

$2,342
3 Beds, 2 Baths
1,060 - 1,136 Sq. Ft.

Show Floor Plan Details

Sep. 1
Unit
Price
Sq. Ft.
Available
205
$2,342
1,126
9/1/25
213
$2,342
1,136
9/1/25
305
$2,342
1,126
9/1/25

3 Bedroom (30%)

$1,997
3 Beds, 2 Baths
983 - 1,122 Sq. Ft.

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Sep. 1
Unit
Price
Sq. Ft.
Available
105
$1,997
1,116
9/1/25
113
$1,997
1,118
9/1/25
116
$1,997
983
9/1/25

3 Bedroom (50%)

$1,654
3 Beds, 2 Baths
1,053 - 1,122 Sq. Ft.

Show Floor Plan Details

Sep. 1
Unit
Price
Sq. Ft.
Available
106
$1,654
1,056
9/1/25
109
$1,654
1,058
9/1/25
112
$1,654
1,053
9/1/25

4 Bedroom (30%)

$2,334
4 Beds, 2 Baths
1,219 - 1,293 Sq. Ft.

Show Floor Plan Details

Sep. 1
Unit
Price
Sq. Ft.
Available
117
$2,334
1,219
9/1/25
201
$2,334
1,293
9/1/25
217
$2,334
1,232
9/1/25

4 Bedroom (80%)

$2,999
4 Beds, 2 Baths
1,232 - 1,293 Sq. Ft.

Show Floor Plan Details

Sep. 1
Unit
Price
Sq. Ft.
Available
501
$2,999
1,293
9/1/25
517
$2,999
1,232
9/1/25
601
$2,999
1,293
9/1/25
* Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.

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.

1 Person Household
% AMIIncome Limit
30%$27,810
50%$46,350
60%$55,620

Details

Lease Term Options

  • 10, 11, 12, 13, 14, 15, 16, 17, 18

Property Information

  • Built in 2025
  • 110 units / 7 stories

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

One-Time Move-In Fees

  • Application Fee
    $50
  • Security Deposit Refundable
    $500

Property Highlights

  • LED Lighting
  • Vending Machines
  • Central Heating + AC
  • LVP Flooring
  • View
  • Bike Racks and Storage
  • Patio/Balcony
  • Black Whirlpool Appliances
  • Community Room
  • Free Common Area WiFi

Apartment Features

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Heating
  • Kitchen
  • Patio
  • Range
  • Recreation Room
  • Refrigerator

Community Features

  • 24 Hour Access
  • Business Center
  • Controlled Access
  • Elevator
  • Fitness Center
  • Garages
  • Gated
  • Income Restricted
  • Laundry Facilities
  • Maintenance on site

Map of Lakefield Apartments

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Neighborhood Scores

Walk Score ®

Walker's Paradise95 / 100

Transit Score ®

Good Transit62 / 100

Bike Score ®

Biker's Paradise98 / 100

Soundscore

Busy67 / 100

Transit

10 min Drive
Airport
Minneapolis-St Paul International/Wold-Chamberlain
21 min Drive
Minneapolis–Saint Paul International

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 a TransitScore of 62, Lakefield Apartments has good transit, including 10 transit stops within 22.8 miles. Transit options include Nicollet Mall Station and Government Plaza 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

1 rating

Whittier International

Grades PK-5

Public

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City of Lakes Waldorf School

Grades PK-8

Private

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Andersen Community

Grades PK-8

Public

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Cristo Rey Jesuit High School Twin Cities

Grades 9-12

Private

5 rating

South Senior High

Grades 9-12

Public

Data provided by GreatSchools.org 2024 © 2024. All rights reserved.

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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 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.

Lakefield Apartments is an apartment community

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