3224 Hennepin Ave
MinneapolisMN55408
Cheap Apartments for Rent in the Lake Forest Neighborhood of Minneapolis, MN from $595 (150 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Forest area of Minneapolis.
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$860 - $1,040
Total Monthly Price
Base Rent$860 - $1,040
Total Monthly Price$860 - $1,040
Mall Apartments
2871 Humboldt Ave SMinneapolis, MN 55408
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$895 - $1,450
Total Monthly Price
Base Rent$895 - $1,450
Total Monthly Price$895 - $1,450
Knox and Lagoon Apartments
2901 Knox Ave SMinneapolis, MN 55408
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$900
Total Monthly Price
Base Rent$900
Total Monthly Price$900
Yorkshire Apartments
3125 Holmes AveMinneapolis, MN 55408
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$1,015
Total Monthly Price
Base Rent$1,015
Total Monthly PriceVaries
Portage Apartments
3146 W Bde Maka Ska BlvdMinneapolis, MN 55416
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$1,020 - $1,734
Total Monthly Price
Base Rent$1,020 - $1,734
Total Monthly Price$1,020 - $1,734
Park Plaza
1315 Olson Memorial HwyMinneapolis, MN 55405
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$1,040
Total Monthly Price
Base Rent$1,025
Required Monthly FeesVaries
Total Monthly PriceVaries
Girard Apartments
3253 Girard Ave SMinneapolis, MN 55408
3600 Pennsylvania Ave S
MinneapolisMN55426
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$1,1251 Bedroom Apartments Available Oct 1
3308 Girard Ave S, Unit 304
3308 Girard Ave SMinneapolis, MN 55408
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Rent Specials
$1,143 - $1,742
Total Monthly Price
Base Rent$1,073 - $1,672
Required Monthly FeesVaries
Total Monthly PriceVaries
Nox Apartments
2703 Girard Ave SMinneapolis, 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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$1,150 - $1,299
Total Monthly Price
Base Rent$1,150 - $1,299
Total Monthly Price$1,150 - $1,299
2832 Humboldt Ave S.
2832 Humboldt Ave SMinneapolis, MN 55408
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$1,190 - $1,590
Total Monthly Price
Base Rent$1,125 - $1,525
Required Monthly Fees$65
Total Monthly Price$1,190 - $1,590
Lake West on France
3028 Ewing Ave SMinneapolis, MN 55416
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Rent Specials
$1,195 - $2,160
Total Monthly Price
Base Rent$1,195 - $2,160
Total Monthly PriceVaries
Deco 265
265 Girard Ave NMinneapolis, MN 55405
3142 W Bde Maka Ska Blvd
MinneapolisMN55416
5813 W 25th 1/2 St
MinneapolisMN55416
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$1,210 - $2,045
Total Monthly Price
Base Rent$1,210 - $2,045
Total Monthly Price$1,210 - $2,045
2920 Dean Parkway Apartments
2920 Dean PkyMinneapolis, MN 55416
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Rent Specials
$1,222 - $2,226
Total Monthly Price
Base Rent$1,152 - $2,156
Required Monthly FeesVaries
Total Monthly PriceVaries
Lumos Apartments
2826 Girard Ave SMinneapolis, MN 55408
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Rent Specials
$1,223 - $1,653
Total Monthly Price
Base Rent$1,215 - $1,645
Required Monthly FeesVaries
Total Monthly PriceVaries
2800 Girard Apartments
2800 Girard Ave SMinneapolis, MN 55408
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$1,228 - $3,605
Total Monthly Price
Base Rent$1,228 - $3,605
Total Monthly Price$1,228 - $3,605
Axon Green
3140 Chowen Ave SMinneapolis, MN 55416
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Rent Specials
$1,245 - $1,600
Total Monthly Price
Base Rent$1,245 - $1,600
Total Monthly Price$1,245 - $1,600
Overlook on 100
2524 Highway 100 SMinneapolis, MN 55416
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.
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$1,259 - $2,032
Total Monthly Price
Base Rent$1,259 - $2,032
Total Monthly Price$1,259 - $2,032
The Walkway
1320 W Lake StMinneapolis, MN 55408
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$1,260 - $2,027
Total Monthly Price
Base Rent$1,260 - $2,027
Total Monthly Price$1,260 - $2,027
North Creek
560 Humboldt Ave NMinneapolis, MN 55405
1770 Humboldt Ave S
MinneapolisMN55403
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Rent Specials
$1,315 - $1,320
Total Monthly Price
Base Rent$1,315 - $1,320
Total Monthly Price$1,315 - $1,320
Tula
3009 Holmes Ave SMinneapolis, MN 55408
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$1,340
Total Monthly Price
Base Rent$1,275
Required Monthly Fees$65
Total Monthly Price$1,340
The Bryn
2823 Wayzata BlvdMinneapolis, MN 55405
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Rent Specials
$1,348 - $3,523
Total Monthly Price
Base Rent$1,340 - $3,515
Required Monthly FeesVaries
Total Monthly PriceVaries
Marbella on Dean
3036 W Lake StMinneapolis, MN 55416
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$1,376 - $3,244
Total Monthly Price
Base Rent$1,295 - $3,163
Required Monthly FeesVaries
Total Monthly PriceVaries
The Bohen Apartments
2851 Hennepin AveMinneapolis, MN 55408
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Rent Specials
$1,389 - $4,729
Total Monthly Price
Base Rent$1,385 - $4,725
Required Monthly Fees$4
Total Monthly Price$1,389 - $4,729
Be @ Axon Green
3144 Chowen Ave SMinneapolis, MN 55416
727 N Thomas Ave
MinneapolisMN55411
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Rent Specials
$1,412 - $4,252
Total Monthly Price
Base Rent$1,412 - $4,252
Total Monthly PriceVaries
Talo
5100 Wayzata BlvdMinneapolis, MN 55416
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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$1,435 - $2,945
Total Monthly Price
Base Rent$1,435 - $2,945
Total Monthly Price$1,435 - $2,945
Boutique 28
2817 Girard Ave SMinneapolis, MN 55408
3120 Hennepin Ave
MinneapolisMN55408
401 Morgan Ave N, Unit Floor 1
401 Morgan Ave N
MinneapolisMN55405
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$1,450 - $1,575
Total Monthly Price
Base Rent$1,450 - $1,575
Total Monthly Price$1,450 - $1,575
2728 Humboldt
2728 Humboldt Ave SMinneapolis, MN 55408
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$1,488 - $2,903
Total Monthly Price
Base Rent$1,480 - $2,895
Required Monthly FeesVaries
Total Monthly PriceVaries
The Gateway at West Lake Quarter
3430 List PlMinneapolis, MN 55416
3120 Hennepin Ave S
MinneapolisMN55408
6222 W 35th St, Unit 22
6222 W 35th St
MinneapolisMN55416
401 N Morgan Ave
MinneapolisMN55405
2647 Girard Ave S
MinneapolisMN55408
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Studio to 2 Bedroom Apartments
2514 Girard Ave S
2514 Girard Ave SMinneapolis, MN 55405
Lake Forest - One of the Best Affordable Neighborhoods in Minneapolis
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!
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Studio to 3 Bedroom Apartments
Northside Artspace Lofts
229 N Irving AveMinneapolis, MN 55405
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Studio to 1 Bedroom Apartments
3720 West 32nd Street
3720 W 32nd StMinneapolis, MN 55416
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Studio to 1 Bedroom Apartments
3332 Hennepin
3332 Hennepin AveMinneapolis, MN 55408
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Studio to 1 Bedroom Apartments
1708 Glenwood Ave
1708 Glenwood Ave NMinneapolis, MN 55405
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Studio to 2 Bedroom Apartments
2700 Humboldt Ave S.
2700 Humboldt Ave SMinneapolis, MN 55408
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Studio Apartments
4009 west 31st St (St. Louis Park)
4009 W 31st StMinneapolis, MN 55416
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1 to 3 Bedroom Apartments
2871 and 2875 Irving Ave S
2871 Irving Ave SMinneapolis, MN 55408
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Studio to 2 Bedroom Apartments
224 Cedar Lake Road North
224 Cedar Lake Rd NMinneapolis, MN 55405
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Studio to 2 Bedroom Apartments
The Fuller Apartments
1465 33rd St WMinneapolis, MN 55408
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1 Bedroom Apartments
Santa Rosa Apartments
3242 Girard Ave SMinneapolis, MN 55408
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.
Showing Results 1-50, Page 1 of 3
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 | $1,462 | $860 | $2,211 |
| Lake Forest 1 Bedroom Apartments | $1,814 | $895 | $3,900 |
| Lake Forest 2 Bedroom Apartments | $2,579 | $1,030 | $10,000+ |
| Lake Forest 3 Bedroom Apartments | $2,966 | $1,734 | $4,705 |
| Lake Forest 4 Bedroom Apartments | $3,606 | $2,099 | $5,900 |
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 150 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
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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 Brittany Apartments priced from $925. James Apartments | 2886 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $991. Here are the most affordable Lake Forest apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brittany Apartments | Studio | Studio, 1BA | $925 |
| James Apartments | 2886 | 1 Bedroom | 1BR, 1BA | $991 |
| 3720 West 32nd Street | 1BR/1.0BA | 1BR, 1BA | $995 |
| Q2 | 1 Bedroom | 1BR, 1BA | $995 |
| Girard | 1BR/1.0BA | 1BR, 1BA | $995 |
| 3030 Irving Ave S | 0BR/1.0BA | Studio, 1BA | $1,040 |
| 3551-3559 Huntington Ave S. | 1-BR | 1BR, 1BA | $1,049 |
| Daymark Uptown | Lagoon | Studio, 1BA | $1,063 |
| Lagoon Avenue Estates | 1BR/1.0BA | 1BR, 1BA | $1,070 |
| 3220 Girard Ave S | 1BR/1.0BA | 1BR, 1BA | $1,085 |
Best Value Apartments for Rent in Lake Forest, MN
As of September 18, 2026 the best value apartment in the Lake Forest area is the $1.41 price per square foot Joppa 2a: Two Bedroom Model at Joppa Lane in the West Calhoun neighborhood starting from $1,483. The second greatest value Lake Forest apartment is the 2BD 1.5 BA - 3rd Floor Model at Westlake Estate Apartments in the West Calhoun neighborhood starting at $1,499 with a $1.50 price per square foot. 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. |
|---|---|---|---|
| Joppa Lane | Joppa 2a: Two Bedroom | 2BR, 1.5BA | $1.41 |
| Westlake Estate Apartments | 2BD 1.5 BA - 3rd Floor | 2BR, 1.5BA | $1.50 |
| 4421 Minnetonka | 2BR/1.0BA | 2BR, 1BA | $1.35 |
| Hampshire House | The Simon | 2BR, 1.5BA | $1.51 |
| Park Plaza | Two Bedroom | 2BR, 1BA | $1.49 |
| Park Embassy | One Bedroom Large | 1BR, 1BA | $1.52 |
| Lagoon Avenue Estates | 1BR/1.0BA | 1BR, 1BA | $1.27 |
| Park Villa Apartments | 2BR/1.0BA | 2BR, 1BA | $1.52 |
| Girard | 1BR/1.0BA | 1BR, 1BA | $1.38 |
| Q2 | 1 Bedroom | 1BR, 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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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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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 #28
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 $1,085.
What is the price of a cheap apartment in Lake Forest?
The cheapest apartment in Lake Forest is James Apartments | 2886 which is listed at $991, while the average apartment in Lake Forest costs $1,919.
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 13 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 $367 which is $1,552 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
Authentic Minneapolis: An Insider's 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.
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.
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.
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.
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.
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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
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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.