Cheap Apartments for Rent in the Lake Forest Neighborhood of Minneapolis, MN from $600 (135 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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Girard Apartments
$979 - $1,029
Total Monthly Price

Total Monthly Price

Base Rent
$965 - $1,015
Required Monthly Fees
$14

Total Monthly Price
$979 - $1,029
1 Bedroom Apartments Available Now

Girard Apartments

3253 Girard Ave SMinneapolis, MN 55408
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Alexander Apartments
$1,065 - $1,619
Total Monthly Price

Total Monthly Price

Base Rent
$1,010 - $1,564
Required Monthly Fees
$55

Total Monthly Price
$1,065 - $1,619
Studio to 2 Bedroom Apartments Available Now

Alexander Apartments

3224-3236 Girard AveMinneapolis, MN 55408
Family Friendly
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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 2235 Quebec Ave S

2235 Quebec Ave S

MinneapolisMN55426
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Lake West on France
$1,190 - $1,410
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,125 - $1,345
Required Monthly Fees
$65

Total Monthly Price
$1,190 - $1,410
1 to 2 Bedroom Apartments Available Now

Lake West on France

3028 Ewing Ave SMinneapolis, MN 55416
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2739 Girard Ave S
$1,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

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

2739 Girard Ave S

2739 Girard Ave SMinneapolis, MN 55408
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Nox Apartments
$1,200 - $1,725
Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $1,670
Required Monthly Fees
$55

Total Monthly Price
$1,200 - $1,725
Studio to 2 Bedroom Apartments Available Now

Nox Apartments

2703 Girard Ave SMinneapolis, MN 55408
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2920 Dean Parkway Apartments
Rent Specials
$1,205 - $2,025
Total Monthly Price

Total Monthly Price

Base Rent
$1,205 - $2,025

Total Monthly Price
$1,205 - $2,025
Studio to 2 Bedroom Apartments Available Now

2920 Dean Parkway Apartments

2920 Dean PkyMinneapolis, 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.

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Lumos Apartments
Rent Specials
$1,295 - $1,573
Total Monthly Price

Total Monthly Price

Base Rent
$1,240 - $1,518
Required Monthly Fees
$55

Total Monthly Price
$1,295 - $1,573
Studio to 2 Bedroom Apartments Available Now

Lumos Apartments

2826 Girard Ave SMinneapolis, MN 55408
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The Bohen Apartments
Rent Specials
$1,366 - $3,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,285 - $3,414
Required Monthly Fees
$81

Total Monthly Price
$1,366 - $3,495
Studio to 3 Bedroom Apartments Available Now

The Bohen Apartments

2851 Hennepin AveMinneapolis, MN 55408
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Be @ Axon Green
Rent Specials
$1,444 - $4,544
Total Monthly Price

Total Monthly Price

Base Rent
$1,440 - $4,540
Required Monthly Fees
$4

Total Monthly Price
$1,444 - $4,544
Studio to 2 Bedroom Apartments Available Now

Be @ Axon Green

3144 Chowen Ave SMinneapolis, MN 55416
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Foundry Lake Street
Rent Specials
$1,470 - $3,344
Total Monthly Price

Total Monthly Price

Base Rent
$1,445 - $3,319
Required Monthly Fees
$25

Total Monthly Price
$1,470 - $3,344
Studio to 3 Bedroom Apartments Available Now

Foundry Lake Street

3118 West Lake StMinneapolis, MN 55416
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property at 1349 Pennsylvania Ave S

1349 Pennsylvania Ave S

MinneapolisMN55426
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Tula
Rent Specials
$1,525 - $1,995
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Tula

3009 Holmes Ave SMinneapolis, MN 55408
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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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Northside Artspace Lofts
Studio to 3 Bedroom Apartments

Northside Artspace Lofts

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

3332 Hennepin

3332 Hennepin AveMinneapolis, MN 55408
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Santa Rosa Apartments
1 Bedroom Apartments

Santa Rosa Apartments

3242 Girard Ave SMinneapolis, MN 55408
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1708 Glenwood Ave
Studio to 1 Bedroom Apartments

1708 Glenwood Ave

1708 Glenwood Ave NMinneapolis, MN 55405

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Granada
Studio to 1 Bedroom Apartments

Granada

1456 Lagoon AveMinneapolis, MN 55408
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James Apartments | 2886
Studio to 1 Bedroom Apartments

James Apartments | 2886

2886 James Ave SMinneapolis, MN 55408
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Anderson Holmes
1 Bedroom Apartments

Anderson Holmes

3037 Holmes AveMinneapolis, MN 55408
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2716 Hennepin Ave
Studio to 2 Bedroom Apartments

2716 Hennepin Ave

2716 Hennepin AveMinneapolis, MN 55408
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Ernestine Apartments
Studio to 3 Bedroom Apartments

Ernestine Apartments

187 Humboldt Ave NMinneapolis, MN 55405
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El Capitan
1 to 2 Bedroom Apartments

El Capitan

3210 Girard Ave SMinneapolis, MN 55408
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 2876 Humboldt Ave S priced from $800. Yorkshire Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here are the most affordable Lake Forest apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
2876 Humboldt Ave S2876 EfficiencyStudio,1BA$800
Yorkshire Apartments3125 Holmes Ave - StudioStudio,1BA$840
3030 Irving Ave S0BR/1.0BAStudio,1BA$885
3201 Girard Ave S0BR/1.0BAStudio,1BA$895
Brittany ApartmentsStudioStudio,1BA$925
3220 Girard Ave S1BR/1.0BA1BR,1BA$935
2932 Drew Ave S1 Bedroom1BR,1BA$975
Girard Apartments1 Bedroom1BR,1BA$979
Calhoun Beach Apartments1BR/1.0BA1BR,1BA$995
1325 West 27th St1BR/1.0BA1BR,1BA$995

Best Value Apartments for Rent in Lake Forest, MN

As of October 27, 2025 the best value apartment in the Lake Forest area is the $1.31 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 $1,650. The second greatest value Lake Forest apartment is the Two Bedroom Model at Park Embassy starting at $1,555 with a $1.30 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.
621 Morgan Ave N, Unit 1621 Morgan Ave N2BR,1BA$1.31
Park EmbassyTwo Bedroom2BR,2BA$1.30
Villa Capri2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.44
2920 Dean Parkway ApartmentsThe Benton1BR,1BA$1.15
Westlake Estate Apartments2BD 1.5 BA - 3rd Floor2BR,1.5BA$1.50
Rhode Island Chateau ApartmentsTwo Bedroom1BR,1BA$1.45
Huntington Ave Apartments2 Bedroom2BR,1BA$1.47
2932 Drew Ave S1 Bedroom1BR,1BA$1.22
3701 Lake StOne Bedroom1BR,1BA$1.48
Calhoun Beach Apartments1BR/1.0BA1BR,1BA$1.44

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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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Quick Rent Budget Calculator

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 the Cheapest Studio apartment in Lake Forest?

Currently the most affordable Cheap Studio Apartment in Lake Forest is at 2876 Humboldt Ave S listed at $800.

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

The lowest price for a Cheap One Bedroom Lake Forest Apartment is $935 at 3220 Girard Ave S.

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 $1,250 at Huntington Ave Apartments.

What is the most affordable Lake Forest Three Bedroom Apartment?

The best deal on a cheap Lake Forest Three Bedroom Apartment rental is at Zelia on Seven and starts from $2,529.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.