Cheap Apartments for Rent in the Lake Forest Neighborhood of Minneapolis, MN from $600 (181 Rentals)

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

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2514 Girard Ave S
$610 - $1,050
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$610 - $1,050

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Jul 1

2514 Girard Ave S

2514 Girard Ave SMinneapolis, MN 55405
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Knox and Lagoon Apartments
$895 - $1,450
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895 - $1,450

Total Monthly Price
$895 - $1,450
1 to 2 Bedroom Apartments Contact Us For Availability

Knox and Lagoon Apartments

2901 Knox Ave SMinneapolis, MN 55408
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Girard Apartments
$1,010
Total Monthly Price

Total Monthly Price

Base Rent
$995
Required Monthly Fees
Varies

Total Monthly Price
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1 Bedroom Apartments Available Jul 1

Girard Apartments

3253 Girard Ave SMinneapolis, MN 55408
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Portage Apartments
$1,035 - $1,245
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,035 - $1,245

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

Portage Apartments

3146 W Bde Maka Ska BlvdMinneapolis, MN 55416
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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.

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2832 Humboldt Ave S.
$1,150 - $1,399
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,399

Total Monthly Price
$1,150 - $1,399
1 to 2 Bedroom Apartments Available Now

2832 Humboldt Ave S.

2832 Humboldt Ave SMinneapolis, MN 55408
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property at 240 N Irving Ave

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 Bedroom, 1 Bath Home for Rent

Available Sep 14

240 N Irving Ave

MinneapolisMN55405
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Lake West on France
$1,160 - $1,660
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,095 - $1,595
Required Monthly Fees
$65

Total Monthly Price
$1,160 - $1,660
1 to 2 Bedroom Apartments Available Now

Lake West on France

3028 Ewing Ave SMinneapolis, MN 55416
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2800 Girard Apartments
$1,173 - $1,233
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,165 - $1,225
Required Monthly Fees
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Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

2800 Girard Apartments

2800 Girard Ave SMinneapolis, MN 55408
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property at 3523 Hennepin Ave S

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Aug 5

3523 Hennepin Ave S

MinneapolisMN55408
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3701 West Lake St.
$1,199
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,199

Total Monthly Price
$1,199
1 Bedroom Apartments Available Now

3701 West Lake St.

3701 W Lake StMinneapolis, MN 55416
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5813 W 25 1/2 St, Unit Lower Level
$1,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
1 Bedroom Apartment Available Jul 1

5813 W 25 1/2 St, Unit Lower Level

5813 W 25 1/2 StMinneapolis, MN 55416
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The Theodore Apartments 55+
Rent Specials
$1,203 - $1,438
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,434
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Theodore Apartments 55+

2840 N Wayzata BlvdMinneapolis, MN 55405
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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 2733 Girard Ave S

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Home for Rent

Available Now

2733 Girard Ave S

MinneapolisMN55408
property at 1715 Glenwood Ave

$1,260

Total Monthly Price

Total Monthly Price

Base Rent
$1,260

Total Monthly Price
$1,260

2 Bedroom, 1 Bath Home for Rent

Available Jul 1

1715 Glenwood Ave

MinneapolisMN55405
property at 2208-2210 Glenwood Ave

$1,299

Total Monthly Price

Total Monthly Price

Base Rent
$1,299

Total Monthly Price
$1,299

2 Bedroom, 1 Bath Home for Rent

Available Sep 14

2208-2210 Glenwood Ave

MinneapolisMN55405
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Overlook on 100
Rent Specials
$1,299 - $1,550
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,299 - $1,550

Total Monthly Price
$1,299 - $1,550
1 to 2 Bedroom Apartments Available Now

Overlook on 100

2524 Highway 100 SMinneapolis, MN 55416
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The Bohen Apartments
Rent Specials
$1,346 - $3,435
Total Monthly Price

Total Monthly Price

Base Rent
$1,265 - $3,354
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Bohen Apartments

2851 Hennepin AveMinneapolis, MN 55408
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property at 3004 Ottawa Ave S

$1,360

Total Monthly Price

Total Monthly Price

Base Rent
$1,360

Total Monthly Price
$1,360

2 Bedroom Rentals

Available Aug 1

3004 Ottawa Ave S

MinneapolisMN55416

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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Marbella on Dean
Rent Specials
$1,388 - $3,658
Total Monthly Price

Total Monthly Price

Base Rent
$1,380 - $3,650
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Marbella on Dean

3036 W Lake StMinneapolis, MN 55416
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The Bryn
$1,390 - $1,490
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,325 - $1,425
Required Monthly Fees
$65

Total Monthly Price
$1,390 - $1,490
1 Bedroom Apartments Available Sep 1

The Bryn

2823 Wayzata BlvdMinneapolis, MN 55405
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Tula
Rent Specials
$1,395 - $2,295
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,395 - $2,295

Total Monthly Price
$1,395 - $2,295
Studio to 2 Bedroom Apartments Available Jul 1

Tula

3009 Holmes Ave SMinneapolis, MN 55408
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Be @ Axon Green
Rent Specials
$1,414 - $4,459
Total Monthly Price

Total Monthly Price

Base Rent
$1,410 - $4,455
Required Monthly Fees
$4

Total Monthly Price
$1,414 - $4,459
Studio to 2 Bedroom Apartments Available Now

Be @ Axon Green

3144 Chowen Ave SMinneapolis, MN 55416
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property at 1820 3rd Ave N

$1,425

Total Monthly Price

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

2 Bedroom, 1 Bath Home for Rent

Available Aug 2

1820 3rd Ave N

MinneapolisMN55405
property at 2226 Glenwood Ave

$1,425

Total Monthly Price

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

3 Bedroom, 1 Bath Home for Rent

Available Aug 1

2226 Glenwood Ave

MinneapolisMN55405
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Arcata Apartments
$1,493 - $3,118
Total Monthly Price

Total Monthly Price

Base Rent
$1,482 - $3,107
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Arcata Apartments

901 Xenia Ave SMinneapolis, MN 55416
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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 1425 W 28th St

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

1 Bedroom, 1 Bath Home for Rent

Available Now

1425 W 28th St

MinneapolisMN55408
property at 3600 Pennsylvania Ave S

$1,495 - $1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom Rentals

Available Now

3600 Pennsylvania Ave S

MinneapolisMN55426
property at 2504 Girard Avenue South

$1,575

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,575

Total Monthly Price
$1,575

2 Bedroom, 1 Bath Townhome for Rent

Available Sep 1

2504 Girard Avenue South, Unit Lower 1

2504 Girard Avenue South
MinneapolisMN55403
property at 627-627 Penn Ave S

$1,575

Total Monthly Price

Total Monthly Price

Base Rent
$1,575

Total Monthly Price
$1,575

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

627-627 Penn Ave S

MinneapolisMN55405
property at 3103 Irving Ave S

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695

2 Bedroom, 1 Bath Home for Rent

Available Sep 1

3103 Irving Ave S

MinneapolisMN55408

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Lake Forest, Minneapolis, MN Local Guide

Cheapest Available Lake Forest Apartments for Rent

 

The cheapest available apartment rental in the Lake Forest area of Minneapolis, MN is a 1 Bed unit found at 224 Cedar Lake Road North priced from $875. Brittany Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Lake Forest apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
224 Cedar Lake Road North1BR/1.0BA1BR,1BA$875
Brittany ApartmentsStudioStudio,1BA$925
Uptown WestUptown West - Studio (A)Studio,1BA$942
Q21 Bedroom1BR,1BA$995
Ernestine ApartmentsKingStudio,1BA$1,034
3551-3559 Huntington Ave S.1-BR1BR,1BA$1,049
Portage ApartmentsOne Bedroom A Lower1BR,1BA$1,075
Lumos ApartmentsIdaliaStudio,1BA$1,093
Lynn Plaza1 Bed 1 Bath1BR,1BA$1,095
Yorkshire Apartments3125 Holmes Ave - 1 Bedroom1BR,1BA$1,130

Best Value Apartments for Rent in Lake Forest, MN

As of June 13, 2026 the best value apartment in the Lake Forest area is the $1.44 price per square foot 2912 France Ave S Model at 2912 France Ave S in the in the West Calhoun neighborhood starting from $1,875. The second greatest value Lake Forest apartment is the 2BD 1.5 BA - 3rd Floor Model at Westlake Estate Apartments starting at $1,499 with a $1.50 price per square foot in the West Calhoun neighborhood. Here is today’s list of the best values for Lake Forest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2912 France Ave S2912 France Ave S2BR,1BA$1.44
Westlake Estate Apartments2BD 1.5 BA - 3rd Floor2BR,1.5BA$1.50
Hampshire HouseThe Alvin2BR,1BA$1.38
Park EmbassyOne Bedroom Extra Large Upgraded1BR,1BA$1.42
Park Villa Apartments2BR/1.0BA2BR,1BA$1.52
3701 West Lake St.11BR,1BA$1.55
Rhode Island Chateau Apartments1L1BR,1BA$1.55
Lake West on France1 Bed - 1 Bath1BR,1BA$1.55
224 Cedar Lake Road North1BR/1.0BA1BR,1BA$1.25
Q21 Bedroom1BR,1BA$1.50

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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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.

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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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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.

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Pet Friendly Lifestyle
Lake Forest, Minneapolis, MN

Ranked #28

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States, including Minneapolis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, transit availability, pet-friendly communities, places to raise kids, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Lake Forest Apartments

What is a cheap apartment in Lake Forest?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Forest is under $1,130.

What is the price of a cheap apartment in Lake Forest?

The cheapest apartment in Lake Forest is 224 Cedar Lake Road North which is listed at $875, while the average apartment in Lake Forest costs $2,949.

What types of apartments are the cheapest in Lake Forest?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 22 regular apartments in Lake Forest that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lake Forest?

Cheap apartments in Lake Forest have an average cost of $307 which is $2,642 cheaper than the average rent for all rentals in Lake Forest.

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.

Helpful Local Expert Guides

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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

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Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes

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Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.

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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.

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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.