Cheap Apartments for Rent in the Lake Forest Neighborhood of Minneapolis, MN from $600 (147 Rentals)

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

property at 2876 Humboldt Ave S

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

Studio, 1 Bath Home for Rent

Available Now

2876 Humboldt Ave S

MinneapolisMN55408
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5747 Glenwood Ave
$995 - $1,195
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995 - $1,195

Total Monthly Price
$995 - $1,195
1 to 2 Bedroom Apartment Available Now

5747 Glenwood Ave

5747 Glenwood AveMinneapolis, MN 55422
Affordability
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property at 224 N Humboldt Ave

$1,099

Total Monthly Price

Total Monthly Price

Base Rent
$1,099

Total Monthly Price
$1,099

1 Bedroom, 1 Bath Home for Rent

Available Apr 1

224 N Humboldt Ave

MinneapolisMN55405

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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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2739 Girard Ave S
$1,175
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175
1 Bedroom Apartment Available Now

2739 Girard Ave S

2739 Girard Ave SMinneapolis, MN 55408
Affordability
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property at 2881 Irving Ave S

$1,295 - $1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

1 Bedroom Rentals

Available Mar 15

2881 Irving Ave S

MinneapolisMN55408
property at 405 N Queen Ave

$1,300 - $1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 To 3 Bedroom Rentals

Available Now

405 N Queen Ave

MinneapolisMN55405

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property at 238 N Irving Ave

$1,360

Total Monthly Price

Total Monthly Price

Base Rent
$1,360

Total Monthly Price
$1,360

2 Bedroom, 1 Bath Home for Rent

Available Now

238 N Irving Ave

MinneapolisMN55405
property at 2212 Glenwood Ave

$1,499

Total Monthly Price

Total Monthly Price

Base Rent
$1,499

Total Monthly Price
$1,499

2 Bedroom, 1 Bath Home for Rent

Available May 1

2212 Glenwood Ave

MinneapolisMN55405
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Tula
Rent Specials
$1,525 - $2,195
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,525 - $2,195

Total Monthly Price
$1,525 - $2,195
1 Bedroom Apartments Available Now

Tula

3009 Holmes Ave SMinneapolis, MN 55408
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property at 1349 Pennsylvania Ave S

$1,545

Total Monthly Price

Total Monthly Price

Base Rent
$1,545

Total Monthly Price
$1,545

2 Bedroom, 1 Bath Home for Rent

Available Apr 1

1349 Pennsylvania Ave S

MinneapolisMN55426

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235 Logan Ave N, Unit 1
$1,595
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595
2 Bedroom Apartment Available Now

235 Logan Ave N, Unit 1

235 Logan Ave NMinneapolis, MN 55405
Cost Per Sq.Ft.
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Northside Artspace Lofts
Studio to 3 Bedroom Apartments

Northside Artspace Lofts

229 N Irving AveMinneapolis, MN 55405
  • Utilities Included
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3332 Hennepin
Studio to 1 Bedroom Apartments

3332 Hennepin

3332 Hennepin AveMinneapolis, MN 55408
  • Utilities Included
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1435 West 31st St
Studio to 3 Bedroom Apartments

1435 West 31st St

1435 W 31st StMinneapolis, MN 55408
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1708 Glenwood Ave
Studio to 1 Bedroom Apartments

1708 Glenwood Ave

1708 Glenwood Ave NMinneapolis, MN 55405
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Granada
Studio to 1 Bedroom Apartments

Granada

1456 Lagoon AveMinneapolis, MN 55408
  • Utilities Included

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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 Studio unit found at Mall Apartments priced from $860. 2876 Humboldt Ave S has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Lake Forest apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Mall ApartmentsStudioStudio,1BA$860
2876 Humboldt Ave S2876 EfficiencyStudio,1BA$875
3220 Girard Ave S0BR/1.0BAStudio,1BA$910
Knox and Lagoon ApartmentsGarden Level Efficiency1BR,1BA$925
Brittany ApartmentsStudioStudio,1BA$925
Santa Rosa Apartments1 Bedroom1BR,1BA$934
Uptown West ApartmentsStudio AStudio,1BA$946
2817 Xerxes Ave S1BR/1.0BA1BR,1BA$965
Huntington Ave Apartments1 Bedroom1BR,1BA$999

Best Value Apartments for Rent in Lake Forest, MN

As of March 14, 2026 the best value apartment in the Lake Forest area is the $1.30 price per square foot Two Bedroom Model at Park Embassy in the in the West Calhoun neighborhood starting from $1,555. The second greatest value Lake Forest apartment is the 2 Bedroom 1.5 Bath Townhouse Model at Villa Capri starting at $1,725 with a $1.44 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.
Park EmbassyTwo Bedroom2BR,2BA$1.30
Villa Capri2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.44
235 Logan Ave N, Unit 1235 Logan Ave N2BR,1BA$1.36
2920 Dean Parkway ApartmentsThe Harriet2BR,1BA$1.50
Laurel West EndLaurel West | Two Bed A2BR,1BA$1.44
Westlake Estate Apartments2BD 1.5 BA - 3rd Floor2BR,1.5BA$1.50
Rhode Island Chateau ApartmentsTwo Bedroom1BR,1BA$1.45
3701 Lake StOne Bedroom1BR,1BA$1.48
5747 Glenwood Ave5747 Glenwood Ave1BR,1BA$1.38
Santa Rosa Apartments1 Bedroom1BR,1BA$1.51

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Pet Friendly Lifestyle
Lake Forest, Minneapolis, MN

Ranked #31

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 the Cheapest Studio apartment in Lake Forest?

Currently the most affordable Cheap Studio Apartment in Lake Forest is at Mall Apartments listed at $860.

How much is rent for a Cheap One Bedroom Lake Forest Apartment?

The lowest price for a Cheap One Bedroom Lake Forest Apartment is $925 at Knox and Lagoon Apartments.

What is the lowest price for a Cheap Two Bedroom Lake Forest Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Forest is starting from $1,389 at Park Trails.

What is the most affordable Lake Forest Three Bedroom Apartment?

The best deal on a cheap Lake Forest Three Bedroom Apartment rental is at 3030 Irving Ave S and starts from $1,890.

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.

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

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.

decorative image for Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers article

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

Written by: Stephanie Lica

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

Written by: Stephanie Lica

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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.