
Cheap 1 Bedroom Apartments for Rent in Forest Lake, MN from $1,020 (13 Rentals)


844 4th St SW

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Seven Pines Apartments

Arbor View Apartments

Kilkenny Court

Timber Ridge
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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Gateway Green Apartments

Lighthouse Lofts

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Forest Creek Estates

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Encore Apartments

Forest Lake NorthShore Apartments LLC (1167)

Timber Ridge North & South Buildings
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Forest Park II Apartments LLC
Forest Lake, MN Local Guide

How much does it cost to rent an apartment in Forest Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Forest Lake Studio Apartments | $1,238 | $1,025 | $1,412 |
Forest Lake 1 Bedroom Apartments | $1,406 | $1,020 | $1,709 |
| Forest Lake 2 Bedroom Apartments | $1,678 | $1,140 | $2,070 |
| Forest Lake 3 Bedroom Apartments | $1,799 | $1,260 | $2,558 |
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Forest Lake, MN Local Guide
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Forest Lake, MN
Forest Lake Senior High School
Forest Lake Area Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Forest Lake, MN Rentals by Map
See the most popular apartments and homes in Forest Lake, MN
Frequently Asked Questions about Cheap Forest Lake Apartments
What is the Cheapest Studio apartment in Forest Lake?
Currently the most affordable Cheap Studio Apartment in Forest Lake is at 844 4th St SW listed at $1,100.
How much is rent for a Cheap One Bedroom Forest Lake Apartment?
The lowest price for a Cheap One Bedroom Forest Lake Apartment is $1,100 at 844 4th St SW.
What is the lowest price for a Cheap Two Bedroom Forest Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Forest Lake is starting from $1,100 at 844 4th St SW.
What is the most affordable Forest Lake Three Bedroom Apartment?
The best deal on a cheap Forest Lake Three Bedroom Apartment rental is at 844 4th St SW and starts from $1,100.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.