4508 Cedar Lake Rd S
St. Louis ParkMN55416
Cheap Homes for Rent in the Lake Forest Neighborhood of Saint Louis Park, MN from $1,250 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Forest area of Saint Louis Park.
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.
4518 Cedar Lk Rd S
MinneapolisMN55416
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
4648 Cedar Lk Rd S
St. Louis ParkMN55416
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Lake Forest, St. Louis Park, MN Local Guide
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 | $1,575 | $1,575 | $1,575 |
| Lake Forest 3 Bedroom Homes for Rent | $4,900 | $4,900 | $4,900 |
| Lake Forest 4 Bedroom Homes for Rent | $3,795 | $3,795 | $3,795 |
| Lake Forest 5 Bedroom Homes for Rent | $11,800 | $10,000 | $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 3 rentals with your search options within a 2 mile radius of the Lake Forest Neighborhood of Saint Louis Park, MN.
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Best Value Apartments for Rent in Lake Forest, MN
As of September 11, 2026 the best value apartment in the Lake Forest area is the $2.14 price per square foot Zinc 1 Model at Foundry Lake Street in the in the Calhoun Isles neighborhood starting from $3,122. The second greatest value Lake Forest apartment is the 534132a Model at The Walkway starting at $2,672 with a $2.06 price per square foot in the Calhoun Isles 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. |
|---|---|---|---|
| Foundry Lake Street | Zinc 1 | 3BR,2BA | $2.14 |
| The Walkway | 534132a | 3BR,2BA | $2.06 |
| Arrive Inglewood Trails | Nokomis | 1BR,1BA | $2.08 |
| 2832 Humboldt Ave S. | 1 bd ren | 1BR,1BA | $1.68 |
| Rhode Island Chateau Apartments | 1L | 1BR,1BA | $1.55 |
| Blue and Lime | Blue B8 1X1 | 1BR,1BA | $2.10 |
| Westwood Gardens | 1br | 1BR,1BA | $1.53 |
| 1210-1220 Cambridge St. (Hopkins) | 1b/L | 1BR,1BA | $1.59 |
| Q2 | 1 Bedroom | 1BR,1BA | $1.50 |
| Colfax Villas I | Studio | Studio ,1BA | $1.80 |
Frequently Asked Questions about Lake Forest
What type of rentals are currently available in Lake Forest?
There are currently 51 Apartments for Rent in Lake Forest, MN with pricing that ranges from $899 to $4,736. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest ranging from $1,250 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 $1,250 to $11,800 with an average monthly rent of $6,687.
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
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.