
Cheap Apartments for Rent in the Lake Forest Neighborhood of Saint Louis Park, MN from $900 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Forest area of Saint Louis Park.


Colonial Terrace

Park Trails

Minikahda Court Apartments

Westwood Gardens

Park Point Properties

The Quentin

Total Monthly Price
Arrive 4301

Arrive Inglewood Trails
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.

Hoigaard Village

Arlo West End

Q2

29 Bryant Apartments

1210-1220 Cambridge St. (Hopkins)

AVID Uptown

Uptown Square

Nox Apartments

MoDI Apartments
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.

The Asher

Tree Tops Apartments

Humboldt Terrace

Valley Village Apartments

Lumos Apartments

Blue and Lime

Odie Apartments

Mission Lofts

West End Apartments
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.

Revel

The Walkway

Inspire

Total Monthly Price
Kenwood Gables

The Hallon

Foundry Lake Street

Total Monthly Price
Tula

The Winn at Golden Valley

Xenia Apartments
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.

The Bohen Apartments

ZEO Apartments

Boutique 28
Lake Forest, St. Louis Park, MN Local Guide

How much does it cost to rent an apartment in Lake Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Forest Studio Apartments | $1,442 | $1,019 | $2,211 |
| Lake Forest 1 Bedroom Apartments | $1,823 | $999 | $3,055 |
| Lake Forest 2 Bedroom Apartments | $2,596 | $1,325 | $5,015 |
| Lake Forest 3 Bedroom Apartments | $3,955 | $2,804 | $6,327 |
| Lake Forest 4 Bedroom Apartments | $7,958 | $7,958 | $7,958 |
Browse Apartments in this Neighborhood
There are currently 39 rentals with your search options within a 2 mile radius of the Lake Forest Neighborhood of Saint Louis Park, MN.
See all Apartments in Saint Louis ParkExplore Saint Louis Park
Cheapest Available Lake Forest Apartments for Rent
 The cheapest available apartment rental in the Lake Forest area of St. Louis Park, MN is a 1 Bed unit found at 1210-1220 Cambridge St. (Hopkins) priced from $999. Uptown Square has the second lowest priced unit, which is a Studio apartment currently listed from $1,019. Here are the most affordable Lake Forest apartments for rent in St. Louis Park, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1210-1220 Cambridge St. (Hopkins) | 1b | 1BR,1BA | $999 |
| Uptown Square | Studio | Studio,1BA | $1,019 |
| Fine Living at Aquila Park & Royal Park | The Opal | Studio,1BA | $1,031 |
| Colonial Terrace | Studio | Studio,1BA | $1,049 |
| Park Trails | Studio | Studio,1BA | $1,059 |
| MoDI Apartments | 0BR/1.0BA | Studio,1BA | $1,099 |
| Nox Apartments | Hydra | Studio,1BA | $1,099 |
| Minikahda Court Apartments | The Isles | Studio,1BA | $1,108 |
| Westwood Gardens | 1br | 1BR,1BA | $1,150 |
| Park Point Properties | Park Point I One Bedroom | 1BR,1BA | $1,175 |
Best Value Apartments for Rent in Lake Forest, MN
As of March 11, 2026 the best value apartment in the Lake Forest area is the $1.90 price per square foot C7 Model at Boutique 28 in the in the Calhoun Isles neighborhood starting from $2,945. The second greatest value Lake Forest apartment is the 2 Bed/ 1 Bath Model at West End Apartments starting at $1,499 with a $1.58 price per square foot in the Blackstone 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. |
|---|---|---|---|
| Boutique 28 | C7 | 2BR,2.5BA | $1.90 |
| West End Apartments | 2 Bed/ 1 Bath | 2BR,1BA | $1.58 |
| Arrive Inglewood Trails | Greenway | 1BR,1BA | $1.98 |
| The Quentin | 1B | 1BR,1BA | $2.24 |
| Westwood Gardens | 1 BR | 1BR,1BA | $1.53 |
| Excelsior & Grand | S1 | Studio ,1BA | $2.18 |
| 1210-1220 Cambridge St. (Hopkins) | 1BR Renovated | 1BR,1BA | $1.64 |
| Park Point Properties | Park Point I One Bedroom | 1BR,1BA | $1.87 |
| Fine Living at Aquila Park & Royal Park | The Pearl | Studio ,1BA | $2.30 |
| Uptown Square | Studio | Studio ,1BA | $2.26 |
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 $1,175.
What is the price of a cheap apartment in Lake Forest?
The cheapest apartment in Lake Forest is 1210-1220 Cambridge St. (Hopkins) which is listed at $999, while the average apartment in Lake Forest costs $7,958.
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 19 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 $103 which is $7,855 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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.