Cheap Apartments for Rent in Forest Lake, MN from $1,000 (42 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Seven Pines Apartments
$1,238 - $1,513
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200 - $1,475
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Seven Pines Apartments

1243 11th Ave SWForest Lake, MN 55025
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Encore Apartments
$1,249 - $2,167
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,237 - $2,155
Required Monthly Fees
$12

Total Monthly Price
$1,249 - $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
close
View Me
Kilkenny Court
$1,270
Total Monthly Price

Total Monthly Price

Base Rent
$1,264
Required Monthly Fees
$6

Total Monthly Price
$1,270
1 to 2 Bedroom Apartments Available Now

Kilkenny Court

1440 4th St SEForest Lake, MN 55025
Senior Living
  • Verified
  • Utilities Included

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.

close
View Me
Gateway Green Apartments
$1,426 - $1,869
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,414 - $1,857
Required Monthly Fees
$12

Total Monthly Price
$1,426 - $1,869
1 to 3 Bedroom Apartments Available Now

Gateway Green Apartments

4626 Wyngate BlvdForest Lake, MN 55025
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Greystone Apartments
$1,596 - $1,666
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,584 - $1,654
Required Monthly Fees
$12

Total Monthly Price
$1,596 - $1,666
3 Bedroom Apartments Available Now

Greystone Apartments

655 12th St SWForest Lake, MN 55025
  • Verified
  • Customer Reviewed
close
View Me
Springwood Apartments
$1,622 - $1,824
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,610 - $1,812
Required Monthly Fees
$12

Total Monthly Price
$1,622 - $1,824
3 Bedroom Apartments Available Now

Springwood Apartments

912 4th St SWForest Lake, MN 55025
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
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
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
Mill Pond Apartments
$1,641 - $1,939
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,629 - $1,927
Required Monthly Fees
$12

Total Monthly Price
$1,641 - $1,939
2 to 3 Bedroom Apartments Available Now

Mill Pond Apartments

525 4th St SWForest Lake, MN 55025
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Legacy Pointe Apartments
$1,808 - $1,812
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,796 - $1,800
Required Monthly Fees
$12

Total Monthly Price
$1,808 - $1,812
1 to 3 Bedroom Apartments Available Jul 14

Legacy Pointe Apartments

290 9th Ave SWForest Lake, MN 55025
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
844 4th St SW
1 to 2 Bedroom Apartments

844 4th St SW

844 4th St SWForest Lake, MN 55025
close
View Me
956 Place Apartments
1 to 2 Bedroom Apartments

956 Place Apartments

956 12th St SWForest Lake, MN 55025
  • Utilities Included
close
View Me
Forest Oak Apartments
2 to 3 Bedroom Apartments

Forest Oak Apartments

19830 Forest RdForest Lake, MN 55025
  • Utilities Included

Cash 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.

close
View Me
Headwaters Landing
1 to 3 Bedroom Apartments

Headwaters Landing

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

Alpine Apartments

231 4th Ave NWForest Lake, MN 55025
close
View Me
Forest Ridge Townhomes
2 to 3 Bedroom Apartments

Forest Ridge Townhomes

1246 4th St SEForest Lake, MN 55025
  • Utilities Included
property at 8956 Griggs Ave

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

2 Bedroom, 1 Bath Townhome for Rent

Available Now

8956 Griggs Ave

Circle PinesMN55014
property at 137 Skyline Dr

$1,955

Total Monthly Price

Total Monthly Price

Base Rent
$1,955

Total Monthly Price
$1,955

3 Bedroom, 2 Bath Home for Rent

Available Now

137 Skyline Dr

St. PaulMN55127

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.

property at 4140 Rice St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

2 Bedroom, 3 Bath Townhome for Rent

Available Now

4140 Rice St

St. PaulMN55126
property at 11514 Baltimore St NE

$2,045

Total Monthly Price

Total Monthly Price

Base Rent
$2,045

Total Monthly Price
$2,045

2 Bedroom, 2 Bath Home for Rent

Available Jul 1

property at 939 Sherwood Rd

$2,275

Total Monthly Price

Total Monthly Price

Base Rent
$2,275

Total Monthly Price
$2,275

3 Bedroom, 2 Bath Townhome for Rent

Available Now

939 Sherwood Rd

ShoreviewMN55126
property at 5494 Erickson Rd

$2,295

Total Monthly Price

Total Monthly Price

Base Rent
$2,295

Total Monthly Price
$2,295

3 Bedroom, 2 Bath Home for Rent

Available Jul 1

5494 Erickson Rd

Mounds ViewMN55112
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 12210 Urbank St NE

$2,345

Total Monthly Price

Total Monthly Price

Base Rent
$2,345

Total Monthly Price
$2,345

2 Bedroom, 1.5 Bath Home for Rent

Available Now

12210 Urbank St NE

BlaineMN55449
property at 3049 Chamberlain St

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

3 Bedroom, 3 Bath Townhome for Rent

Available Now

3049 Chamberlain St

MaplewoodMN55109
property at 1909 Bluestem Ln

$2,450

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,450

Total Monthly Price
$2,450

2 Bedroom, 2 Bath Townhome for Rent

Available Aug 1

1909 Bluestem Ln

ShoreviewMN55126

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.

property at 2345 County

$2,499

Total Monthly Price

Total Monthly Price

Base Rent
$2,499

Total Monthly Price
$2,499

5 Bedroom, 2 Bath Home for Rent

Available Now

2345 County

Mounds ViewMN55112
property at 1509 111th Dr NE

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

3 Bedroom, 3 Bath Townhome for Rent

Available Now

1509 111th Dr NE

BlaineMN55449

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 Studio unit found at Arbor View Apartments in the Washington Far Eastern Suburbs neighborhood priced from $1,025. 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 ApartmentsEfficiency 4-01Studio,1BA$1,025
956 Place Apartments1 Bedroom 1 Bath1BR,1BA$1,129
Autumn Hills ApartmentsBirch2BR,1BA$1,140
Seven Pines ApartmentsOne Bedroom1BR,1BA$1,238
Encore ApartmentsSkyeStudio,1BA$1,249
Kilkenny CourtOne Bedroom 1A1BR,1BA$1,270
Alpine Apartments2 Bedroom 1 Bath2BR,1BA$1,349
Fitzgerald FlatsTwo Bedroom2BR,1BA$1,350
Westview ApartmentsTwo Bedroom One Bath H2BR,1BA$1,400

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

As of June 08, 2026 the best value apartment in the Forest Lake area is the $1.74 price per square foot Geneva Model at Springwood Apartments in the in the Washington Far Eastern Suburbs neighborhood starting from $1,824. The second greatest value Forest Lake apartment is the Lynford Model at Gateway Green Apartments starting at $1,857 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Springwood ApartmentsGeneva3BR,1BA$1.74
Gateway Green ApartmentsLynford2BR,2BA$1.80
Greystone ApartmentsTahoe3BR,1BA$1.56
Mill Pond ApartmentsSonoma2BR,1BA$1.75
Autumn Hills ApartmentsBirch2BR,1BA$1.14
Westview ApartmentsTwo Bedroom One Bath H2BR,1BA$1.45
Fitzgerald FlatsTwo Bedroom2BR,1BA$1.45
Alpine Apartments2 Bedroom 1 Bath2BR,1BA$1.76
924 4th St SW, Unit 205924 4th St SW2BR,1BA$1.74
956 Place Apartments1 Bedroom 1 Bath1BR,1BA$1.61

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Forest Lake, MN Rentals by Map

View Map
Forest Lake, MN Apartments Map
View Map
Forest Lake, MN Rental Homes Map

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 $1,129 at 956 Place 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 Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.