3224 Hennepin Ave
MinneapolisMN55408
Cheap Homes for Rent in the Lake Forest Neighborhood of Minneapolis, MN from $620 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Forest area of Minneapolis.
2200 Nevada Ave
St. Louis ParkMN55426
2200 Nevada Ave
MinneapolisMN55426
2200 Nevada Ave S
St. Louis ParkMN55426
close
View Me
$1,1251 Bedroom Apartments Available Oct 1
3308 Girard Ave S, Unit 304
3308 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.
7412 22nd W St, Unit 315
7412 22nd W St
MinneapolisMN55426
3142 W Bde Maka Ska Blvd
MinneapolisMN55416
5813 W 25th 1/2 St
MinneapolisMN55416
5911 Oxford St
St. Louis ParkMN55416
5911 Oxford St, Unit 5911 Oxford St 4
5911 Oxford St
St. Louis ParkMN55416
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.
4508 Cedar Lake Rd S
St. Louis ParkMN55416
3120 Hennepin Ave
MinneapolisMN55408
401 Morgan Ave N, Unit Floor 1
401 Morgan Ave N
MinneapolisMN55405
6222 W 35th St, Unit 22
6222 W 35th St
MinneapolisMN55416
4518 Cedar Lk Rd S
MinneapolisMN55416
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.
Showing Results 1-15, 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 | $1,985 | $1,450 | $3,350 |
| Lake Forest 3 Bedroom Homes for Rent | $2,663 | $1,900 | $4,900 |
| Lake Forest 4 Bedroom Homes for Rent | $3,258 | $2,400 | $3,995 |
| Lake Forest 5 Bedroom Homes for Rent | $7,033 | $2,800 | $10,000+ |
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 15 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
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 Yorkshire Apartments priced from $870. Brittany Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Lake Forest apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yorkshire Apartments | 3125 Holmes Ave - Studio | Studio,1BA | $870 |
| Brittany Apartments | Studio | Studio,1BA | $925 |
| James Apartments | 2886 | 1 Bedroom | 1BR,1BA | $991 |
| Q2 | 1 Bedroom | 1BR,1BA | $995 |
| Girard | 1BR/1.0BA | 1BR,1BA | $995 |
Best Value Apartments for Rent in Lake Forest, MN
As of September 07, 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 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 starting at $1,499 with a $1.50 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. |
|---|---|---|---|
| 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 | $1.40 |
| Hampshire House | The Simon | 2BR,1.5BA | $1.51 |
| Tamarind Apartments | 1 Bed/ 1 Bath | 1BR,1BA | $1.45 |
| Park Plaza | Two Bedroom | 2BR,1BA | $1.49 |
| Lagoon Avenue Estates | 1BR/1.0BA | 1BR,1BA | $1.27 |
| 1435 West 31st St | 1BR/1.0BA | 1BR,1BA | $1.50 |
| 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.
Read Article
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.
Read Article
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.
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 #28
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 395 Apartments for Rent in Lake Forest, MN with pricing that ranges from $860 to $15,685. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest ranging from $620 to $11,800.
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 $620 to $11,800 with an average monthly rent of $2,580.
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 $1,495 to $4,736, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $4,900. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,099.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
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.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.