
Cheap Homes for Rent in Forest Lake, MN from $1,600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Forest Lake.


4964 Emmit Dr N

9978 Fillmore St NE

766 Parkside Dr

11355 6th Pl NE

11151 5th St NE

11212 4th St NE

5723 Quincy St

1875 Bluestem Ln

206 Meadow Lark Ln
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

20695 Georgia Ave N

20695 Georgia Ave N
Forest Lake, MN Local Guide

How much does it cost to rent a home in Forest Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Forest Lake 2 Bedroom Homes for Rent | $1,805 | $1,695 | $1,900 |
Forest Lake 3 Bedroom Homes for Rent | $2,777 | $1,892 | $4,000 |
Forest Lake 4 Bedroom Homes for Rent | $3,493 | $2,500 | $5,399 |
Forest Lake 5 Bedroom Homes for Rent | $5,031 | $4,295 | $5,900 |
Browse Top Homes for Rent in Forest Lake
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Forest Lake, MN Local Guide
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Cheapest Available Forest Lake Apartments for Rent and Nearby
 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 |
Autumn Hills Apartments | Birch | 2BR,1BA | $1,110 |
Forest Park II Apartments | 1 Bedroom | 1BR,1BA | $1,202 |
Best Value Apartments for Rent in Forest Lake, MN and Nearby
As of April 17, 2025 the best value apartment in the Forest Lake area is the $1.72 price per square foot The Mississippi Model at Lighthouse Lofts in the in the Washington Far Eastern Suburbs neighborhood starting from $1,998. The second greatest value Forest Lake apartment is the Laguna Model at Mill Pond Apartments starting at $1,870 with a $1.64 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. |
---|---|---|---|
Lighthouse Lofts | The Mississippi | 2BR,2BA | $1.72 |
Mill Pond Apartments | Laguna | 3BR,1BA | $1.64 |
Springwood Apartments | Geneva | 3BR,1BA | $1.50 |
Greystone Apartments | Tahoe | 3BR,1BA | $1.63 |
North Shore Apartments | 2 Bedroom | 2BR,1BA | $1.61 |
Autumn Hills Apartments | Birch | 2BR,1BA | $1.11 |
Headwaters Landing | Two Bedroom | 2BR,2BA | $1.44 |
Seven Pines Apartments | Two Bedroom Split | 2BR,1BA | $1.75 |
Kilkenny Court | Two Bedroom A | 2BR,1BA | $1.69 |
Fitzgerald Flats | One Bedroom, One Bath, Market Rate | 1BR,1BA | $1.64 |
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Frequently Asked Questions about Forest Lake
What type of rentals are currently available in Forest Lake?
There are currently 41 Apartments for Rent in Forest Lake, MN with pricing that ranges from $990 to $2,992. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Lake ranging from $1,695 to $5,900.
What is the current price range for Rental Homes in Forest Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Lake ranges from $1,695 to $5,900 with an average monthly rent of $3,276.
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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.