Cheap Apartments for Rent in Forest Lake, MN from $800 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in Forest Lake.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Fitzgerald Flats
1 to 3 Bedroom Apartments

Fitzgerald Flats

19951 Headwaters Blvd NForest Lake, MN 55025

Forest Lake, MN Local Guide

Cheapest Available Forest Lake Apartments for Rent

 

The cheapest available apartment rental in Forest Lake, MN is a Studio unit found at Arbor View Apartments in the Washington Far Eastern Suburbs neighborhood priced from $1,040. Westview Apartments in the Washington Far Eastern Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here is today’s list of the most affordable Forest Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arbor View ApartmentsStudio 6-01Studio,1BA$1,040
Westview ApartmentsOne Bedroom One Bath1BR,1BA$1,099
Autumn Hills ApartmentsBirch2BR,1BA$1,110

Best Value Apartments for Rent in Forest Lake, MN

As of July 24, 2025 the best value apartment in the Forest Lake area is the $1.77 price per square foot Willow Model at Timber Ridge in the in the Washington Far Eastern Suburbs neighborhood starting from $2,500. The second greatest value Forest Lake apartment is the 3 Bedroom/2 Bath B Model at Forest Creek starting at $2,495 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.
Timber RidgeWillow3BR,2BA$1.77
Forest Creek3 Bedroom/2 Bath B3BR,2BA$1.79
Springwood ApartmentsGeneva3BR,1BA$1.49
Greystone ApartmentsTahoe3BR,1BA$1.56
Autumn Hills ApartmentsBirch2BR,1BA$1.11
Mill Pond ApartmentsSonoma2BR,1BA$1.57
Legacy Pointe ApartmentsMora2BR,1BA$1.73
Northbrook ApartmentsTahoe3BR,1BA$1.48
Forest Park II Apartments LLC2BR/1.0BA2BR,1BA$1.35
Alpine Apartments2 Bedroom 1 Bath2BR,1BA$1.56

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

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Getting Around Forest Lake, MN

Walk Score®

35 / 100

Car-Dependent

Most errands require a car

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

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 Westview 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 $1,110 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 Northbrook Apartments and starts from $1,430.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.