Best Areas to Live in Lakeville

Lakeville's most frequently cited residential draws span its own established northern neighborhoods and its actively developing southern housing belt.

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The southern housing belt

The area near Kenwood Trail and Cedar Avenue carries the real, most active new-construction development in Lakeville, per the city's own 2025 Economic Development Annual Report.

Lakeville's established northern neighborhoods

Lakeville's own longer-established northern neighborhoods, closer to Burnsville and the I-35 corridor, carry a genuinely different, more mature character than the actively developing south.

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Per this dataset's site policy, no specific Lakeville neighborhood is endorsed here as a target -- confirm current, address-specific crime, school, and tax data directly before relocating.

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.