Cheap Homes for Rent in Forest Lake, MN from $1,300 (10 Rentals)

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

property at 16809 310th St

$1,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1 Bath Home for Rent

Available Now

16809 310th St

Center CityMN55012
property at 128 115th Ln NE

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

3 Bedroom, 2 Bath Home for Rent

Available Now

128 115th Ln NE

BlaineMN55434
property at 13758 Flay Ave N

$1,999

Total Monthly Price

Total Monthly Price

Base Rent
$1,999

Total Monthly Price
$1,999

3 Bedroom, 3 Bath Home for Rent

Available Now

13758 Flay Ave N

HugoMN55038
property at 2193 1st St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

3 Bedroom, 1 Bath Townhome for Rent

Available Now

2193 1st St

White Bear LakeMN55110

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.

property at 12022 Vermillion St NE

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 2 Bath Townhome for Rent

Available Now

property at 179 Birchwood Ave

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

3 Bedroom, 2 Bath Home for Rent

Available Now

179 Birchwood Ave

St. PaulMN55110
property at 29622 Gateway Ave

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

3 Bedroom, 2 Bath Townhome for Rent

Available Now

29622 Gateway Ave

Chisago CityMN55013

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.

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 2 Beds unit found at Forest Park II Apartments LLC in the Washington Far Eastern Suburbs neighborhood priced from $1,150. Kilkenny Court in the Washington Far Eastern Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,216. Here is today’s list of the most affordable Forest Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Forest Park II Apartments LLC2BR/1.0BA2BR,1BA$1,150
Kilkenny CourtOne Bedroom 1A1BR,1BA$1,216
Arbor View ApartmentsStudio 5-011BR,1BA$1,240

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

As of January 01, 2026 the best value apartment in the Forest Lake area is the $1.50 price per square foot Selma Model at Gateway Green Townhomes in the in the Washington Far Eastern Suburbs neighborhood starting from $2,246. The second greatest value Forest Lake apartment is the Auburn w/Den Model at Heritage Heights Apartments starting at $1,512 with a $1.40 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.
Gateway Green TownhomesSelma3BR,1.5BA$1.50
Heritage Heights ApartmentsAuburn w/Den2BR,1BA$1.40
Springwood ApartmentsBellevue3BR,1BA$1.46
Mill Pond ApartmentsAstoria2BR,1BA$1.59
Legacy Pointe ApartmentsNapa3BR,1BA$1.72
Gateway Green ApartmentsLynford2BR,2BA$1.70
Greystone ApartmentsTahoe3BR,1BA$1.38
Westview ApartmentsTwo Bedroom One Bath H2BR,1BA$1.45
Lighthouse LoftsThe Duluth1BR,1BA$1.69
Forest Park II Apartments LLC2BR/1.0BA2BR,1BA$1.35

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.

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The 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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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.

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

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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 $995 to $2,104. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Lake ranging from $1,300 to $5,000.

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 $1,300 to $5,000 with an average monthly rent of $3,117.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!