3344 Berwood Ct W
Vadnais HeightsMN55127
Cheap Homes for Rent near Forest Lake, MN from $1,400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Forest Lake.
5723 Quincy St
Mounds ViewMN55112
1271 Greenbriar Ct
White Bear LakeMN55110
169 Skyline Dr
St. PaulMN55127
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1875 Bluestem Ln
ShoreviewMN55126
137 Skyline Dr
St. PaulMN55127
345 Bankers Dr
St. PaulMN55127
11163 4th St NE
BlaineMN55434
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
4961 Emmit Dr N
HugoMN55038
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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 | $1,974 | $1,495 | $2,400 |
| Forest Lake 3 Bedroom Homes for Rent | $2,730 | $2,009 | $4,250 |
| Forest Lake 4 Bedroom Homes for Rent | $3,231 | $2,495 | $4,400 |
| Forest Lake 5 Bedroom Homes for Rent | $5,226 | $3,680 | $7,000 |
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
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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 Arbor View Apartments in the Washington Far Eastern Suburbs neighborhood priced from $1,099. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arbor View Apartments | One Bedroom 3-01 | 1BR,1BA | $1,099 |
| 956 Place Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,129 |
| Forest Parks II Apartments | 2BR/1.0BA | 2BR,1BA | $1,225 |
Best Value Apartments for Rent in Forest Lake, MN and Nearby
As of August 19, 2026 the best value apartment in the Forest Lake area is the $1.59 price per square foot Laguna Model at Legacy Pointe Apartments in the in the Washington Far Eastern Suburbs neighborhood starting from $1,806. The second greatest value Forest Lake apartment is the Bellevue Model at Springwood Apartments starting at $1,560 with a $1.47 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 | Laguna | 3BR,1BA | $1.59 |
| Springwood Apartments | Bellevue | 3BR,1BA | $1.47 |
| Mill Pond Apartments | Napa | 3BR,1BA | $1.68 |
| Heritage Heights Apartments | Geneva | 3BR,1BA | $1.45 |
| Gateway Green Apartments | Easton | 2BR,2BA | $1.77 |
| Greystone Apartments | Tahoe | 3BR,1BA | $1.40 |
| Fitzgerald Flats | Two Bedroom | 2BR,1BA | $1.48 |
| Westview Apartments | Two Bedroom + Den | 2BR,1BA | $1.56 |
| Alpine Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.69 |
| 956 Place Apartments | 1 Bedroom 1 Bath | 1BR,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
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
Columbus Elementary School
Forest Lake Public School District
Public School - Grades PK-5 (441)
8 out of 10
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 43 Apartments for Rent in Forest Lake, MN with pricing that ranges from $981 to $3,285. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Lake ranging from $1,495 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 $1,495 to $7,000 with an average monthly rent of $2,988.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.