
Cheap Apartments for Rent in Forest Lake, MN from $800 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in Forest Lake.


Autumn Hills Apartments

Westview Apartments

956 Place Apartments

Forest Creek

Timber Ridge North & South Buildings
Forest Lake, MN Local Guide

How much does it cost to rent an apartment in Forest Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Forest Lake Studio Apartments | $1,054 | $990 | $1,195 |
Forest Lake 1 Bedroom Apartments | $1,340 | $995 | $1,695 |
Forest Lake 2 Bedroom Apartments | $1,647 | $1,110 | $3,003 |
Forest Lake 3 Bedroom Apartments | $1,807 | $1,230 | $2,495 |
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Forest Lake, MN Local Guide
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Cheapest Available Forest Lake Apartments for Rent
 The cheapest available apartment rental in Forest Lake, MN is a Studio unit found at Village Apartments in the Washington Far Eastern Suburbs neighborhood priced from $990. Fitzgerald Flats in the Washington Far Eastern Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,067. Here is today’s list of the most affordable Forest Lake apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Village Apartments | Efficiency 6-01 | Studio,1BA | $990 |
Fitzgerald Flats | One Bedroom, One Bath Tax Credit | 1BR,1BA | $1,067 |
Westview Apartments | One Bedroom One Bath | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Forest Lake, MN
As of March 27, 2025 the best value apartment in the Forest Lake area is the $1.74 price per square foot 20695 Georgia Ave N Model at 20695 Georgia Ave N in the in the Washington Far Eastern Suburbs neighborhood starting from $2,899. The second greatest value Forest Lake apartment is the The Lady Slipper Model at Lighthouse Lofts starting at $2,278 with a $1.82 price per square foot in the Washington Far Eastern Suburbs neighborhood. Here is today’s list of the best values for Forest Lake apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
20695 Georgia Ave N | 20695 Georgia Ave N | 3BR,2BA | $1.74 |
Lighthouse Lofts | The Lady Slipper | 2BR,2BA | $1.82 |
Mill Pond Apartments | Astoria | 2BR,1BA | $1.66 |
Springwood Apartments | Geneva | 3BR,1BA | $1.50 |
Greystone Apartments | Tahoe | 3BR,1BA | $1.63 |
North Shore Apartments | 2 Bedroom | 2BR,1BA | $1.61 |
Headwaters Landing | Two Bedroom | 2BR,2BA | $1.44 |
Kilkenny Court | Two Bedroom A | 2BR,1BA | $1.69 |
Fitzgerald Flats | One Bedroom, One Bath, Market Rate | 1BR,1BA | $1.64 |
Westview Apartments | One Bedroom One Bath | 1BR,1BA | $1.81 |
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Best Local Schools in Forest Lake, MN
Forest Lake Senior High School
Forest Lake Area Middle School
School data provided by Great Schools
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Getting Around Forest Lake, MN
Walk Score®
35 / 100
Car-Dependent
Most errands require a car
Bike Score®
46 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Forest Lake Apartments
What is the Cheapest Studio apartment in Forest Lake?
Currently the most affordable Cheap Studio Apartment in Forest Lake is at Village Apartments listed at $990.
How much is rent for a Cheap One Bedroom Forest Lake Apartment?
The lowest price for a Cheap One Bedroom Forest Lake Apartment is $1,067 at Fitzgerald Flats.
What is the lowest price for a Cheap Two Bedroom Forest Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Forest Lake is starting from $1,262 at Forest Park II Apartments.
What is the most affordable Forest Lake Three Bedroom Apartment?
The best deal on a cheap Forest Lake Three Bedroom Apartment rental is at Forest Park II Apartments and starts from $1,395.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.