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$995 - $1,230
Plus Fees6 Month Lease Term
1 to 3 Bedroom Apartments Available Nov 1Autumn Hills Apartments
706 12th St SWForest Lake, MN 55025
Cheap Apartments for Rent in Forest Lake, MN from $800 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in Forest Lake.
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Rent Specials
$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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$1,150
Plus Fees
2 Bedroom Apartments Available NowForest Park II Apartments LLC
1001 7th Ave 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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Studio to 3 Bedroom Apartments
Timber Ridge North & South Buildings
22500 Everton Ave NForest Lake, MN 55025
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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.
1343 95th Ave NE
MinneapolisMN55434
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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 | $1,306 | $1,040 | $1,437 |
| Forest Lake 1 Bedroom Apartments | $1,372 | $995 | $1,695 |
| Forest Lake 2 Bedroom Apartments | $1,701 | $1,110 | $2,233 |
| Forest Lake 3 Bedroom Apartments | $1,771 | $1,230 | $2,600 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Forest Lake
See all Apartments in Forest LakeExplore Forest Lake
Forest Lake, MN Local Guide
- Nearby Cities
- ZIP codes
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Cheapest Available Forest Lake Apartments for Rent and Nearby
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. 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 |
|---|---|---|---|
| Arbor View Apartments | Studio 6-01 | Studio,1BA | $1,040 |
| Forest Park II Apartments LLC | 2BR/1.0BA | 2BR,1BA | $1,150 |
| Alpine Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1,299 |
Best Value Apartments for Rent in Forest Lake, MN and Nearby
As of October 24, 2025 the best value apartment in the Forest Lake area is the $1.72 price per square foot Napa Model at Legacy Pointe Apartments in the in the Washington Far Eastern Suburbs neighborhood starting from $1,808. The second greatest value Forest Lake apartment is the Easton Model at Gateway Green Apartments starting at $1,858 with a $1.80 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. |
|---|---|---|---|
| Legacy Pointe Apartments | Napa | 3BR,1BA | $1.72 |
| Gateway Green Apartments | Easton | 2BR,2BA | $1.80 |
| Springwood Apartments | Tahoe | 3BR,1BA | $1.44 |
| Greystone Apartments | Tahoe | 3BR,1BA | $1.44 |
| Northbrook Apartments | Tahoe | 3BR,1BA | $1.49 |
| Forest Lake NorthShore Apartments LLC (1167) | 2BR/1.0BA | 2BR,1BA | $1.74 |
| Forest Park II Apartments LLC | 2BR/1.0BA | 2BR,1BA | $1.35 |
| Seven Pines Apartments | Two Bedroom Corner A | 2BR,1BA | $1.80 |
| Alpine Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.69 |
| 924 4th St SW, Unit 208 | 924 4th St SW | 2BR,1BA | $1.73 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
Read ArticleThe 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.
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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
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,040.
How much is rent for a Cheap One Bedroom Forest Lake Apartment?
The lowest price for a Cheap One Bedroom Forest Lake Apartment is $1,165 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 $1,150 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 $1,471.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.