1343 95th Ave NE
MinneapolisMN55434
Cheap Homes for Rent in Forest Lake, MN from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Forest Lake.
4654 Clark Ave
White Bear LakeMN55110
26 115th Ln NE
BlaineMN55434
129 112th Square NE
BlaineMN55434
1056 S Shore Dr
Forest LakeMN55025
128 115th Ln NE
BlaineMN55434
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.
21250 Fondant Ave N
Forest LakeMN55025
107 112th Square NE
BlaineMN55434
2245 Pinewood Dr
Mounds ViewMN55112
5557 146th St N
HugoMN55038
170 Morgan Ln
Lino LakesMN55014
856 4th St SW
Forest LakeMN55025
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.
Showing Results 1-12, Page 1 of 1
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 a home in Forest Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Forest Lake 2 Bedroom Homes for Rent | $2,379 | $560 | $3,577 |
| Forest Lake 3 Bedroom Homes for Rent | $2,783 | $1,825 | $4,250 |
| Forest Lake 4 Bedroom Homes for Rent | $3,405 | $2,299 | $4,400 |
| Forest Lake 5 Bedroom Homes for Rent | $4,791 | $3,500 | $6,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Forest Lake
Explore Forest Lake
Forest Lake, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arbor View Apartments | Studio 6-01 | Studio,1BA | $1,040 |
| Westview Apartments | One Bedroom One Bath | 1BR,1BA | $1,099 |
| Forest Park II Apartments LLC | 2BR/1.0BA | 2BR,1BA | $1,150 |
| Kilkenny Court | One Bedroom 1A | 1BR,1BA | $1,216 |
| Alpine Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1,299 |
Best Value Apartments for Rent in Forest Lake, MN and Nearby
As of October 14, 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 Tahoe Model at Springwood Apartments starting at $1,488 with a $1.46 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 |
| Springwood Apartments | Tahoe | 3BR,1BA | $1.46 |
| Greystone Apartments | Tahoe | 3BR,1BA | $1.47 |
| Northbrook Apartments | Tahoe | 3BR,1BA | $1.51 |
| 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 |
| Westview Apartments | One Bedroom One Bath | 1BR,1BA | $1.81 |
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.
Let everyone know!
Do you know the Forest Lake area?
If you’re an expert on all things Forest Lake, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 Forest Lake
What type of rentals are currently available in Forest Lake?
There are currently 42 Apartments for Rent in Forest Lake, MN with pricing that ranges from $995 to $2,600. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Lake ranging from $560 to $6,500.
What is the current price range for Rental Homes in Forest Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Lake ranges from $560 to $6,500 with an average monthly rent of $3,019.
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.