
Cheap Apartments for Rent in the Lake Forest Neighborhood of Saint Louis Park, MN from $900 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Forest area of Saint Louis Park.


Colonial Terrace

Park Trails

Total Monthly Price
Minikahda Court Apartments

Park Point Properties

Westwood Gardens

Total Monthly Price
Arrive 4301

The Quentin

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Hoigaard Village
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.

Parkway Place

Arrive Inglewood Trails

Q2

1210-1220 Cambridge St. (Hopkins)

Uptown Square

MoDI Apartments

Humboldt Terrace

3701 Lake St

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Nox 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.

Tree Tops Apartments

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Valley Village Apartments

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Odie Apartments

AVID

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29 Bryant Apartments

West End Apartments

The Asher

Walkway

Inspire
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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Lumos Apartments

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Kenwood Gables

Blue and Lime

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The Bohen Apartments

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The Hallon

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Tula

The Winn at Golden Valley

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Foundry Lake Street

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The Eloise 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.

ZEO Apartments
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 | $1,484 | $1,019 | $2,140 |
| Lake Forest 1 Bedroom Apartments | $1,851 | $999 | $2,777 |
| Lake Forest 2 Bedroom Apartments | $2,579 | $1,325 | $5,951 |
| Lake Forest 3 Bedroom Apartments | $3,939 | $2,808 | $6,540 |
| Lake Forest 4 Bedroom Apartments | $7,977 | $7,977 | $7,977 |
Browse Apartments in this Neighborhood
There are currently 37 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 |
| Colonial Terrace | Studio | Studio,1BA | $1,049 |
| Park Trails | Studio | Studio,1BA | $1,059 |
| 3701 Lake St | One Bedroom | 1BR,1BA | $1,150 |
| Park Point Properties | Park Point I One Bedroom | 1BR,1BA | $1,175 |
| Westwood Gardens | 1br | 1BR,1BA | $1,200 |
| Tree Tops Apartments | Cypress, Updated, 459 SF | Studio,1BA | $1,200 |
| Valley Village Apartments | 1B Main | 1BR,1BA | $1,204 |
| Odie Apartments | Pomeranian | Studio,1BA | $1,265 |
Best Value Apartments for Rent in Lake Forest, MN
As of January 24, 2026 the best value apartment in the Lake Forest area is the $1.94 price per square foot Two Bedroom Townhouse Model at Excelsior & Grand in the in the West Calhoun neighborhood starting from $2,595. The second greatest value Lake Forest apartment is the The Sapphire Model at Fine Living at Aquila Park & Royal Park starting at $1,356 with a $1.36 price per square foot in the Creekside 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. |
|---|---|---|---|
| Excelsior & Grand | Two Bedroom Townhouse | 2BR,2BA | $1.94 |
| Fine Living at Aquila Park & Royal Park | The Sapphire | 2BR,1BA | $1.36 |
| West End Apartments | 2 Bed/ 1 Bath | 2BR,1BA | $1.58 |
| The Quentin | 1A | 1BR,1BA | $1.97 |
| Arrive Inglewood Trails | Greenway | 1BR,1BA | $1.85 |
| 3701 Lake St | One Bedroom | 1BR,1BA | $1.48 |
| Westwood Gardens | 1br | 1BR,1BA | $1.60 |
| 1210-1220 Cambridge St. (Hopkins) | 1b/L | 1BR,1BA | $1.55 |
| MoDI Apartments | 1BR/1.0BA | 1BR,1BA | $2.00 |
| Park Point Properties | Park Point I One Bedroom | 1BR,1BA | $1.87 |
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 $1,265.
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 $7,977.
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 $124 which is $7,853 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

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.

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.