close
View Me
$1,095
Plus Fees
1 Bedroom Apartments Available Feb 1, 20263308 Girard Ave S
3308 Girard Ave SMinneapolis, MN 55408
Cheap Homes for Rent in Lake Forest Neighborhood of Minneapolis, MN from $1,300 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Forest area of Minneapolis.
7414 W 22nd St
St. Louis ParkMN55426
close
View Me
$1,400
Plus Fees
3 Bedroom Apartments Available Now903 N Sheridan Ave
903 N Sheridan AveMinneapolis, MN 55411
621 N Morgan Ave
MinneapolisMN55411
1618 Thomas Pl N, Unit 2
1618 Thomas Pl N
MinneapolisMN55411
3540 Hennepin Ave, Unit 313
3540 Hennepin Ave
MinneapolisMN55408
2928 Dean Pkwy
MinneapolisMN55416
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.
2100 Ridge Dr, Unit 21
2100 Ridge Dr
MinneapolisMN55416
1015 N Humboldt Ave
MinneapolisMN55411
822 N Thomas Ave
MinneapolisMN55411
2250 Ridge Dr, Unit # 21
2250 Ridge Dr
MinneapolisMN55416
250 N Irving Ave
MinneapolisMN55405
2250 Ridge Dr
MinneapolisMN55416
3104 W Lake St, Unit 306
3104 W Lake St
MinneapolisMN55416
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.
Showing Results 1-14, Page 1 of 1
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 a home in Lake Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Forest 2 Bedroom Homes for Rent | $1,916 | $1,500 | $2,700 |
| Lake Forest 3 Bedroom Homes for Rent | $2,556 | $1,800 | $3,995 |
| Lake Forest 4 Bedroom Homes for Rent | $4,439 | $2,300 | $10,000+ |
| Lake Forest 5 Bedroom Homes for Rent | $7,000 | $7,000 | $7,000 |
| Lake Forest 6 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Lake Forest Neighborhood of Minneapolis, MN.
Explore 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 |
| Brittany Apartments | Studio | Studio,1BA | $925 |
| Portage Apartments | Studio A Lower | Studio,1BA | $925 |
| 3220 Girard Ave S | 1BR/1.0BA | 1BR,1BA | $935 |
Best Value Apartments for Rent in Lake Forest, MN
As of December 17, 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 |
| 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 |
| Greenway Commons | E | 2BR,1BA | $1.47 |
| Park Embassy | One Bedroom | 1BR,1BA | $1.29 |
| Tamarind | 1 Bed/ 1 Bath | 1BR,1BA | $1.45 |
| Huntington Ave Apartments | 2 Bedroom | 2BR,1BA | $1.47 |
| 3701 Lake St | One Bedroom | 1BR,1BA | $1.48 |
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.
Read Article
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.
Read ArticleQuick 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.
Let everyone know!
Do you know the Lake Forest area?
If you’re an expert on all things Lake Forest, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleLake Forest, Minneapolis, MN
Ranked #27
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Lake Forest
What type of rentals are currently available in Lake Forest?
There are currently 387 Apartments for Rent in Lake Forest, MN with pricing that ranges from $800 to $15,685. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest ranging from $1,300 to $10,000.
What is the current price range for Rental Homes in Lake Forest?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Forest ranges from $1,300 to $10,000 with an average monthly rent of $3,764.
How much are larger Three and Four Bedroom Rentals in Lake Forest?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Forest range from $1,400 to $5,697, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,995. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,495.
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.