8956 Griggs Ave
Circle PinesMN55014
Cheap Homes for Rent in Forest Lake, MN from $1,300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Forest Lake.
607 W Broadway Ave
Forest LakeMN55025
206 2nd Ave
OsceolaWI54020
9978 Fillmore St NE
BlaineMN55434
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.
1709 Elm St
White Bear LakeMN55110
137 Skyline Dr
St. PaulMN55127
4140 Rice St
St. PaulMN55126
11514 Baltimore St NE
BlaineMN55449
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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Forest Lake, MN Local Guide
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 | $1,936 | $1,375 | $2,395 |
| Forest Lake 3 Bedroom Homes for Rent | $2,915 | $1,550 | $4,300 |
| Forest Lake 4 Bedroom Homes for Rent | $3,800 | $3,100 | $4,500 |
| Forest Lake 5 Bedroom Homes for Rent | $4,060 | $2,499 | $7,000 |
| Forest Lake 6 Bedroom Homes for Rent | $5,995 | $5,995 | $5,995 |
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
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Forest Lake, MN Local Guide
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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 $1,025. 956 Place Apartments in the Washington Far Eastern Suburbs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,263. 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 | Efficiency 4-01 | Studio,1BA | $1,025 |
| 956 Place Apartments | Updated 2 Bedroom 1 Bath (sm) | 2BR,1BA | $1,263 |
| Alpine Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1,353 |
Best Value Apartments for Rent in Forest Lake, MN and Nearby
As of May 21, 2026 the best value apartment in the Forest Lake area is the $1.19 price per square foot Three Bedroom, Two Bedroom Model at Fitzgerald Flats in the in the Washington Far Eastern Suburbs neighborhood starting from $1,560. The second greatest value Forest Lake apartment is the Geneva Model at Springwood Apartments starting at $1,571 with a $1.50 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. |
|---|---|---|---|
| Fitzgerald Flats | Three Bedroom, Two Bedroom | 3BR,2BA | $1.19 |
| Springwood Apartments | Geneva | 3BR,1BA | $1.50 |
| Legacy Pointe Apartments | Napa | 3BR,1BA | $1.73 |
| Gateway Green Apartments | Lynford | 2BR,2BA | $1.79 |
| Greystone Apartments | Tahoe | 3BR,1BA | $1.56 |
| Mill Pond Apartments | Sonoma | 2BR,1BA | $1.75 |
| Westview Apartments | Two Bedroom One Bath H | 2BR,1BA | $1.45 |
| 956 Place Apartments | Updated 2 Bedroom 1 Bath (sm) | 2BR,1BA | $1.40 |
| Seven Pines Apartments | Two Bedroom Corner B | 2BR,1BA | $1.80 |
| Alpine Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.76 |
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
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.
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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 6-8 (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 44 Apartments for Rent in Forest Lake, MN with pricing that ranges from $1,020 to $2,150. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Lake ranging from $1,375 to $7,000.
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 $1,375 to $7,000 with an average monthly rent of $3,950.
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
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.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.