Cheap Apartments for Rent in Forest Lake, MN from $900 (41 Rentals)

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956 Place Apartments
Rent Specials
$1,129 - $1,283
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $1,279
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

956 Place Apartments

956 12th St SWForest Lake, MN 55025
Pet Friendly
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  • Utilities Included
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Alpine Apartments
Rent Specials
$1,159 - $1,349
Total Monthly Price

Total Monthly Price

Base Rent
$1,159 - $1,349

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Alpine Apartments

219 3rd Ave SWForest Lake, MN 55025
  • Verified
  • Customer Reviewed
  • 3D Tour

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Gateway Green Apartments
$1,462 - $1,961
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,450 - $1,949
Required Monthly Fees
$12

Total Monthly Price
$1,462 - $1,961
1 to 3 Bedroom Apartments Available Jul 28

Gateway Green Apartments

4626 Wyngate BlvdForest Lake, MN 55025
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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Legacy Pointe Apartments
$1,478 - $1,778
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,466 - $1,766
Required Monthly Fees
$12

Total Monthly Price
$1,478 - $1,778
1 to 3 Bedroom Apartments Available Now

Legacy Pointe Apartments

290 9th Ave SWForest Lake, MN 55025
Student Housing
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  • Customer Reviewed
  • Utilities Included
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Encore Apartments
$1,559 - $2,167
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,547 - $2,155
Required Monthly Fees
$12

Total Monthly Price
$1,559 - $2,167
Studio to 3 Bedroom Apartments Available Now

Encore Apartments

1081 SW Fourth StForest Lake, MN 55025
Corporate Housing
  • Verified
  • Utilities Included
  • 3D Tour
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Springwood Apartments
$1,595 - $1,824
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,583 - $1,812
Required Monthly Fees
$12

Total Monthly Price
$1,595 - $1,824
3 Bedroom Apartments Available Now

Springwood Apartments

912 4th St SWForest Lake, MN 55025
Student Housing
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  • Customer Reviewed
  • Utilities Included
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Forest Creek Estates
Rent Specials
$1,625 - $2,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,625 - $2,495

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Forest Creek Estates

19948 Headwaters Blvd NForest Lake, MN 55025
Family Friendly
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  • Utilities Included
  • 3D Tour
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Greystone Apartments
$1,641 - $1,643
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,629 - $1,631
Required Monthly Fees
$12

Total Monthly Price
$1,641 - $1,643
3 Bedroom Apartments Available Aug 10

Greystone Apartments

655 12th St SWForest Lake, MN 55025
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  • Smoke Free

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Mill Pond Apartments
$1,679 - $1,908
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,667 - $1,896
Required Monthly Fees
$12

Total Monthly Price
$1,679 - $1,908
2 to 3 Bedroom Apartments Available Now

Mill Pond Apartments

525 4th St SWForest Lake, MN 55025
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Birchview Apartments
$1,682
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,670
Required Monthly Fees
$12

Total Monthly Price
$1,682
3 Bedroom Apartments Available Sep 2

Birchview Apartments

1777 10th St SEForest Lake, MN 55025
Student Housing
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844 4th St SW
1 to 2 Bedroom Apartments

844 4th St SW

844 4th St SWForest Lake, MN 55025
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Forest Oak Apartments
2 to 3 Bedroom Apartments

Forest Oak Apartments

19830 Forest RdForest Lake, MN 55025
  • Utilities Included
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Headwaters Landing
1 to 3 Bedroom Apartments

Headwaters Landing

20041 Fitzgerald Trl NForest Lake, MN 55025
  • Utilities Included
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Alpine Apartments
1 to 2 Bedroom Apartments

Alpine Apartments

231 4th Ave NWForest Lake, MN 55025

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Forest Ridge Townhomes
2 to 3 Bedroom Apartments

Forest Ridge Townhomes

1246 4th St SEForest Lake, MN 55025
  • Utilities Included
property at 50 115th Ln NE

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

3 Bedroom, 2 Bath Home for Rent

Available Now

50 115th Ln NE

MinneapolisMN55434
property at 2852 Brewers Ln

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 2 Bath Townhome for Rent

Available Aug 1

2852 Brewers Ln

StillwaterMN55082
property at 169 Skyline Dr

$1,904

Total Monthly Price

Total Monthly Price

Base Rent
$1,904

Total Monthly Price
$1,904

2 Bedroom, 2 Bath Home for Rent

Available Now

169 Skyline Dr

St. PaulMN55127

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.

property at 137 Skyline Dr

$2,009

Total Monthly Price

Total Monthly Price

Base Rent
$2,009

Total Monthly Price
$2,009

3 Bedroom, 2 Bath Home for Rent

Available Now

137 Skyline Dr

St. PaulMN55127
property at 560 Donegal Cir

$2,095

Total Monthly Price

Total Monthly Price

Base Rent
$2,095

Total Monthly Price
$2,095

2 Bedroom, 3 Bath Townhome for Rent

Available Sep 12

560 Donegal Cir

ShoreviewMN55126
property at 15435 Foster Dr N

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

3 Bedroom, 2 Bath Townhome for Rent

Available Oct 1

property at 6909 Lakeview Dr

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

3 Bedroom, 1 Bath Home for Rent

Available Now

6909 Lakeview Dr

Lino LakesMN55014
property at 207 Primrose Ct

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

2 Bedroom, 2 Bath Townhome for Rent

Available Now

207 Primrose Ct

Vadnais HeightsMN55127
property at 950 County Rd D E

$2,395

Total Monthly Price13 Month Lease Term

Total Monthly Price

Base Rent
$2,395

Total Monthly Price
$2,395

4 Bedroom, 2 Bath Home for Rent

Available Aug 1

950 County Rd D E

MaplewoodMN55109
property at 1322 Cottage Dr

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

3 Bedroom, 2 Bath Townhome for Rent

Available Now

1322 Cottage Dr

StillwaterMN55082
property at 1243 Bergmann Dr

$2,495

Total Monthly Price

Total Monthly Price

Base Rent
$2,495

Total Monthly Price
$2,495

3 Bedroom, 2 Bath Townhome for Rent

Available Now

1243 Bergmann Dr

StillwaterMN55082

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 4285 Evergreen Dr

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

3 Bedroom, 2 Bath Home for Rent

Available Aug 1

4285 Evergreen Dr

Vadnais HeightsMN55127

Forest Lake, MN Local Guide

Cheapest Available Forest Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Forest Lake, MN is a 1 Bed unit found at Arbor View Apartments in the Washington Far Eastern Suburbs neighborhood priced from $1,099. 956 Place Apartments in the Washington Far Eastern Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,129. Here is today’s list of the most affordable Forest Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arbor View ApartmentsOne Bedroom 1-011BR,1BA$1,099
956 Place Apartments1 Bedroom 1 Bath1BR,1BA$1,129
Autumn Hills ApartmentsBirch2BR,1BA$1,140
Westview ApartmentsTwo Bedroom H2BR,1BA$1,299
Alpine Apartments2 Bedroom 1 Bath2BR,1BA$1,349
Alpine Apartments2 Bedroom 1 Bath2BR,1BA$1,353
Fitzgerald FlatsThree Bedroom, Two Bedroom3BR,2BA$1,560
Springwood ApartmentsBellevue3BR,1BA$1,595
Heritage Heights ApartmentsGeneva3BR,1BA$1,617
Forest Creek Estates1 Bedroom/1 Bath Apartment A1BR,1BA$1,625

Best Value Apartments for Rent in Forest Lake, MN and Nearby

As of July 26, 2026 the best value apartment in the Forest Lake area is the $1.28 price per square foot Three Bedroom, Two Bedroom Model at Fitzgerald Flats in the in the Washington Far Eastern Suburbs neighborhood starting from $1,560. The second greatest value Forest Lake apartment is the Aspen Model at Timber Ridge starting at $2,056 with a $1.79 price per square foot in the Washington Far Eastern Suburbs neighborhood. Here is today’s list of the best values for Forest Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fitzgerald FlatsThree Bedroom, Two Bedroom3BR,2BA$1.28
Timber RidgeAspen2BR,2BA$1.79
Legacy Pointe ApartmentsLaguna3BR,1BA$1.56
Heritage Heights ApartmentsAuburn w/Den2BR,1BA$1.72
Springwood ApartmentsGeneva3BR,1BA$1.74
Autumn Hills ApartmentsBirch2BR,1BA$1.14
Westview ApartmentsTwo Bedroom + Den2BR,1BA$1.56
Alpine Apartments2 Bedroom 1 Bath2BR,1BA$1.76
Alpine Apartments2 Bedroom 1 Bath2BR,1BA$1.76
956 Place ApartmentsUpdated 1 Bedroom 1 Bath1BR,1BA$1.71

Don'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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Forest Lake, MN Rentals by Map

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Frequently Asked Questions about Cheap Forest Lake Apartments

How much is rent for a Cheap One Bedroom Forest Lake Apartment?

The lowest price for a Cheap One Bedroom Forest Lake Apartment is $1,099 at Arbor View Apartments.

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 $1,140 at Autumn Hills Apartments.

What is the most affordable Forest Lake Three Bedroom Apartment?

The best deal on a cheap Forest Lake Three Bedroom Apartment rental is at Fitzgerald Flats and starts from $1,560.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.