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$1,020 - $1,260
Plus Fees6 Month Lease Term
1 to 3 Bedroom Apartments Contact Us For AvailabilityAutumn Hills Apartments
706 12th St SWForest Lake, MN 55025
Cheap Apartments for Rent in Forest Lake, MN from $800 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Forest Lake.
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$1,040 - $1,900
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowArbor View Apartments
407 11th Ave SWForest Lake, MN 55025
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$1,067 - $1,475
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowFitzgerald Flats
19951 Headwaters Blvd NForest Lake, MN 55025
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$1,150 - $1,795
Plus Fees
1 to 2 Bedroom Apartments Available NowForest Park II Apartments LLC
1001 7th Ave SWForest Lake, MN 55025
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$1,195 - $2,056
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTimber Ridge
4777 19th St SWForest Lake, MN 55025
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$1,197
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Feb 1Total Monthly Price
Base Rent
$1,197
Total Monthly Price
$1,197
924 4th St SW, Unit 207
924 4th St SWForest Lake, MN 55025
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$1,200 - $1,400
Plus Fees
1 to 2 Bedroom Apartments Available Now844 4th St SW
844 4th St SWForest Lake, MN 55025
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.
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$1,216
Total Monthly Price
1 to 2 Bedroom Apartments Available Jan 31Total Monthly Price
Base Rent
$1,210
Required Monthly Fees
$6
Total Monthly Price
$1,216
Kilkenny Court
1440 4th St SEForest Lake, MN 55025
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$1,219 - $1,494
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,200 - $1,475
Required Monthly Fees
$19
Total Monthly Price
$1,219 - $1,494
Seven Pines Apartments
1243 11th Ave SWForest Lake, MN 55025
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1 to 2 Bedroom Apartments
Alpine South Apartments
219 3rd Ave SWForest Lake, MN 55025
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Studio to 3 Bedroom Apartments
Timber Ridge North & South Buildings
22500 Everton Ave NForest Lake, MN 55025
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2 to 3 Bedroom Apartments
Forest Oak Apartments
19830 Forest RdForest Lake, MN 55025
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1 to 3 Bedroom Apartments
Headwaters Landing
20041 Fitzgerald Trl NForest Lake, MN 55025
16809 310th St
Center CityMN55012
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.
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Forest Lake, MN Local Guide
Tree at Minnesota park by Tony Webster is licensed under CC BY 2.0
How much does it cost to rent an apartment in Forest Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Forest Lake Studio Apartments | $1,247 | $1,040 | $1,384 |
| Forest Lake 1 Bedroom Apartments | $1,288 | $1,020 | $1,642 |
| Forest Lake 2 Bedroom Apartments | $1,650 | $1,140 | $2,148 |
| Forest Lake 3 Bedroom Apartments | $1,626 | $1,260 | $1,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Forest Lake, MN Local Guide
- Nearby Cities
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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 Fitzgerald Flats in the Washington Far Eastern Suburbs neighborhood priced from $1,130. Forest Park II Apartments LLC in the Washington Far Eastern Suburbs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,150. Here is today’s list of the most affordable Forest Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fitzgerald Flats | One Bedroom, One Bath Tax Credit | 1BR,1BA | $1,130 |
| Forest Park II Apartments LLC | 2BR/1.0BA | 2BR,1BA | $1,150 |
| 844 4th St SW | 1 bedroom | 1BR,1BA | $1,200 |
| Arbor View Apartments | Studio 5-01 | 1BR,1BA | $1,240 |
| Seven Pines Apartments | Two Bedroom Split | 2BR,1BA | $1,369 |
Best Value Apartments for Rent in Forest Lake, MN and Nearby
As of January 22, 2026 the best value apartment in the Forest Lake area is the $1.44 price per square foot Selma Model at Gateway Green Townhomes in the in the Washington Far Eastern Suburbs neighborhood starting from $2,159. The second greatest value Forest Lake apartment is the The Mississippi Model at Lighthouse Lofts starting at $2,023 with a $1.74 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gateway Green Townhomes | Selma | 3BR,1.5BA | $1.44 |
| Lighthouse Lofts | The Mississippi | 2BR,2BA | $1.74 |
| Mill Pond Apartments | Laguna | 3BR,1BA | $1.59 |
| Heritage Heights Apartments | Auburn w/Den | 2BR,1BA | $1.40 |
| Springwood Apartments | Bellevue | 3BR,1BA | $1.46 |
| Legacy Pointe Apartments | Napa | 3BR,1BA | $1.76 |
| Greystone Apartments | Tahoe | 3BR,1BA | $1.39 |
| Westview Apartments | Two Bedroom One Bath H | 2BR,1BA | $1.45 |
| Seven Pines Apartments | Two Bedroom Corner B | 2BR,1BA | $1.78 |
| Fitzgerald Flats | One Bedroom, One Bath Tax Credit | 1BR,1BA | $1.55 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
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Best Local Schools in Forest Lake, MN
Forest Lake Senior High School
Forest Lake Public School District
Public School - Grades 9-12 (1876)
7 out of 10
Forest Lake Area Middle School
Forest Lake Public School District
Public School - Grades 7-8 (853)
7 out of 10
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 Arbor View Apartments listed at $1,240.
How much is rent for a Cheap One Bedroom Forest Lake Apartment?
The lowest price for a Cheap One Bedroom Forest Lake Apartment is $1,130 at Fitzgerald Flats.
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 $1,150 at Forest Park II Apartments LLC.
What is the most affordable Forest Lake Three Bedroom Apartment?
The best deal on a cheap Forest Lake Three Bedroom Apartment rental is at Springwood Apartments and starts from $1,404.
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
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.