Lago Apartments
500 W Lake St,
Minneapolis, MN 55408
$1,099 - $2,399 | 1-2 Beds
East Lyn-Lake makes up the eastern portion of the neighborhood Lyn-Lake and is defined by the prominent intersection of two main streets, Lake Street and Lyndale Avenue. This well-known intersection acts as a magnet for unique shops, galleries, restaurants, and entertainment. East Lyn-Lake sits immediately east of Uptown, another popular urban area in Minneapolis. Nestled just three miles southwest of Downtown Minneapolis, residents can easily reach the most popular neighborhoods in the city. Apartments and condos available for rent in the area vary from mid-range to upscale. Locals enjoy strolling or biking along the neighborhood’s walkable and bikeable streets to check out all of the top-notch local businesses.
As of April 2025, the average apartment rent in East Lyn-Lake is $1,081 for a studio, $1,323 for one bedroom, and $2,043 for two bedrooms. Apartment rent in East Lyn-Lake has increased by 0.9% in the past year.
Studio
463 sq ft
Average Sq Ft
$1,081/month
Average Rent
1 BR
664 sq ft
Average Sq Ft
$1,323/month
Average Rent
2 BR
960 sq ft
Average Sq Ft
$2,043/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.