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$860 - $1,040
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowMall Apartments
2871 Humboldt Ave SMinneapolis, MN 55408
Cheap Apartments for Rent in the Lake Forest Neighborhood of Minneapolis, MN from $600 (139 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Forest area of Minneapolis.
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$925 - $995
Total Monthly Price6 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
Base Rent
$925 - $995
Total Monthly Price
$925 - $995
Portage Apartments
3146 W Bde Maka Ska BlvdMinneapolis, MN 55416
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$925 - $1,345
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Feb 1, 2026Knox and Lagoon Apartments
2901 Knox Ave SMinneapolis, MN 55408
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$935 - $1,579
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Contact Us For AvailabilityPark Plaza
1315 Olson Memorial HwyMinneapolis, MN 55405
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Rent Specials
$979 - $1,029
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$965 - $1,015
Required Monthly Fees
$14
Total Monthly Price
$979 - $1,029
Girard Apartments
3253 Girard Ave SMinneapolis, MN 55408
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$1,065 - $1,619
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,010 - $1,564
Required Monthly Fees
$55
Total Monthly Price
$1,065 - $1,619
Alexander Apartments
3224-3236 Girard AveMinneapolis, MN 55408
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Rent Specials
$1,077 - $3,646
Plus Fees
Studio to 2 Bedroom Apartments Available NowAxon Green
3140 Chowen Ave SMinneapolis, MN 55416
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$1,095
Plus Fees
1 Bedroom Apartments Available Feb 1, 20263308 Girard Ave S
3308 Girard Ave SMinneapolis, MN 55408
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Rent Specials
$1,111 - $1,596
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,056 - $1,541
Required Monthly Fees
$55
Total Monthly Price
$1,111 - $1,596
Nox Apartments
2703 Girard Ave SMinneapolis, MN 55408
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$1,150 - $1,450
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1 to 2 Bedroom Apartments Contact Us For AvailabilityHumboldt Terrace
2725 Humboldt Ave SMinneapolis, MN 55408
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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$1,150 - $1,200
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now3701 Lake St
3701 W Lake StMinneapolis, MN 55416
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$1,160 - $1,460
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,095 - $1,395
Required Monthly Fees
$65
Total Monthly Price
$1,160 - $1,460
Lake West on France
3028 Ewing Ave SMinneapolis, MN 55416
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$1,191 - $1,438
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,187 - $1,434
Required Monthly Fees
$4
Total Monthly Price
$1,191 - $1,438
The Theodore Apartments 55+
2840 N Wayzata BlvdMinneapolis, MN 55405
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$1,200 - $1,931
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowNorth Creek
560 Humboldt Ave NMinneapolis, MN 55405
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$1,205 - $2,025
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,205 - $2,025
Total Monthly Price
$1,205 - $2,025
2920 Dean Parkway Apartments
2920 Dean PkyMinneapolis, MN 55416
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$1,210 - $1,875
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Studio to 2 Bedroom Apartments Available NowDeco 265
265 Girard Ave NMinneapolis, MN 55405
314 Knox Ave N
MinneapolisMN55405
1357 Pennsylvania Ave S
MinneapolisMN55426
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$1,295
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowThe Bryn
2823 Wayzata BlvdMinneapolis, MN 55405
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Rent Specials
$1,307 - $1,420
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,252 - $1,365
Required Monthly Fees
$55
Total Monthly Price
$1,307 - $1,420
Lumos Apartments
2826 Girard Ave SMinneapolis, MN 55408
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.
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Rent Specials
$1,336 - $3,876
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,255 - $3,795
Required Monthly Fees
$81
Total Monthly Price
$1,336 - $3,876
The Bohen Apartments
2851 Hennepin AveMinneapolis, MN 55408
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$1,384 - $4,389
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,380 - $4,385
Required Monthly Fees
$4
Total Monthly Price
$1,384 - $4,389
Be @ Axon Green
3144 Chowen Ave SMinneapolis, MN 55416
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$1,400
Plus Fees
3 Bedroom Apartments Available Now903 N Sheridan Ave
903 N Sheridan AveMinneapolis, MN 55411
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$1,405 - $3,295
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Gateway at West Lake Quarter
3430 List PlMinneapolis, MN 55416
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Rent Specials
$1,418 - $3,043
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,320 - $2,945
Required Monthly Fees
$98
Total Monthly Price
$1,418 - $3,043
Boutique 28
2817 Girard Ave SMinneapolis, MN 55408
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$1,445
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available Feb 1, 2026Total Monthly Price
Base Rent
$1,425
Required Monthly Fees
$20
Total Monthly Price
$1,445
METRIC Apartments
3820 W 31st StMinneapolis, MN 55416
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$1,470 - $3,581
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,445 - $3,556
Required Monthly Fees
$25
Total Monthly Price
$1,470 - $3,581
Foundry Lake Street
3118 West Lake StMinneapolis, MN 55416
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$1,499 - $4,847
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,414 - $4,762
Required Monthly Fees
$85
Total Monthly Price
$1,499 - $4,847
Talo
5100 Wayzata BlvdMinneapolis, MN 55416
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$1,500
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,500
Total Monthly Price
$1,500
621 Morgan Ave N, Unit 1
621 Morgan Ave NMinneapolis, MN 55411
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$1,515 - $2,393
Plus Fees
1 to 2 Bedroom Apartments Available NowWalkway
1320 W Lake StMinneapolis, MN 55408
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.
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$1,560 - $3,559
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now1800 Lake
1800 W Lake StMinneapolis, MN 55408
2160 Ridge Dr
MinneapolisMN55416
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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.
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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.
Lake Forest, Minneapolis, MN Local Guide
Target Field
in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent an apartment in Lake Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Forest Studio Apartments | $1,376 | $800 | $2,265 |
| Lake Forest 1 Bedroom Apartments | $1,701 | $925 | $3,900 |
| Lake Forest 2 Bedroom Apartments | $2,652 | $1,030 | $10,000+ |
| Lake Forest 3 Bedroom Apartments | $2,788 | $1,400 | $5,697 |
| Lake Forest 4 Bedroom Apartments | $3,135 | $2,495 | $3,775 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 139 rentals with your search options within a 2 mile radius of the Lake Forest Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Lake Forest, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 2876 Humboldt Ave S priced from $800. Mall Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $860. Here are the most affordable Lake Forest apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2876 Humboldt Ave S | 2876 Efficiency | Studio,1BA | $800 |
| Mall Apartments | Studio | Studio,1BA | $860 |
| Portage Apartments | Studio A Lower | Studio,1BA | $925 |
| Brittany Apartments | Studio | Studio,1BA | $925 |
| 3220 Girard Ave S | 1BR/1.0BA | 1BR,1BA | $935 |
| Uptown West Apartments | Studio A | Studio,1BA | $936 |
| Girard Apartments | 1 Bedroom | 1BR,1BA | $979 |
| Park Flats Apartments | 0BR/1.0BA | Studio,1BA | $999 |
| Boulevard 100 Apartments | Cedar | Studio,1BA | $1,005 |
| Zelia on Seven | A1-50 - Income Restrictions Apply | Studio,1BA | $1,039 |
Best Value Apartments for Rent in Lake Forest, MN
As of December 12, 2025 the best value apartment in the Lake Forest area is the $1.19 price per square foot 621 Morgan Ave N Model at 621 Morgan Ave N, Unit 1 in the in the Greater Near North neighborhood starting from $1,500. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 621 Morgan Ave N, Unit 1 | 621 Morgan Ave N | 2BR,1BA | $1.19 |
| Villa Capri | 2 Bedroom 1.5 Bath Townhouse | 2BR,1.5BA | $1.44 |
| 2920 Dean Parkway Apartments | The Harriet | 2BR,1BA | $1.42 |
| 1619 Lagoon Ave | 2BR/1.0BA | 2BR,1BA | $1.34 |
| Rhode Island Chateau Apartments | Two Bedroom | 1BR,1BA | $1.45 |
| Hampshire House | The Simon | 2BR,1.5BA | $1.45 |
| Park Embassy | One Bedroom | 1BR,1BA | $1.29 |
| Greenway Commons | E | 2BR,1BA | $1.47 |
| Tamarind | 1 Bed/ 1 Bath | 1BR,1BA | $1.45 |
| Huntington Ave Apartments | 2 Bedroom | 2BR,1BA | $1.47 |
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.
Read ArticleEnjoy 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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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 LifestyleLake Forest, Minneapolis, MN
Ranked #26
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,039.
What is the price of a cheap apartment in Lake Forest?
The cheapest apartment in Lake Forest is 3220 Girard Ave S which is listed at $935, while the average apartment in Lake Forest costs $3,135.
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 23 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 $121 which is $3,014 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
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.
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.
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.
Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Articles, How-To's, and Tips
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.