Cheap Apartments for Rent in Forest Lake, MN
29 rentals
- $940 - $1,741/moStudio-2 Beds1-2 BathsArbor View Apartments | 407 11th Ave SW #4-109,
Forest Lake, MN 55025 - PET FRIENDLY$1,100 - $2,000/mo1-3 Beds1 BathForest Park Apartments | 1001 7th Ave SW #19bf0d094,
Forest Lake, MN 55025 - PET FRIENDLY
- PET FRIENDLY
- SPECIAL OFFERPET FRIENDLY
- PET FRIENDLY$1,195 - $1,795/mo1-2 Beds1 BathNorth Shore Apartments | 1167 N Shore Dr #207,
Forest Lake, MN 55025 - $1,338 - $1,945/mo1-3 Beds1-2 BathsGateway Green Apartments | 4626 Wyngate Blvd #110,
Forest Lake, MN 55025 - $1,425 - $1,599/mo2-3 Beds1-2 BathsWestview Apartments | 680 12th St SW #80-212,
Forest Lake, MN 55025 - $1,681 - $1,816/mo2-3 Beds1 BathLegacy Pointe Apartments | 290 9th Ave SW #204,
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Apartments For Rent Near Forest Lake, MN
We found 30 more apartments matching your filters just outside Forest Lake
- PET FRIENDLY
- ROOM FOR RENT
- APPLY INSTANTLYROOM FOR RENT
- SENIOR HOUSINGINCOME RESTRICTED
- $675 - $745/mo4 Beds2 Baths639 Cleveland Avenue South | 639 Cleveland Ave S #1-2,
Saint Paul, MN 55116
Average Rent Trends in Forest Lake, MN
Rent in Forest Lake, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jul 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Aug 2025 | $1,563 |
| Sep 2025 | $1,488 |
| Oct 2025 | $1,560 |
| Nov 2025 | $1,539 |
| Dec 2025 | $1,539 |
| Jan 2026 | $1,574 |
| Feb 2026 | $1,595 |
| Mar 2026 | $1,580 |
| Apr 2026 | $1,613 |
| May 2026 | $1,589 |
| Jun 2026 | $1,580 |
| Jul 2026 | $1,643 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,160 | $1,510 | $1,802 | $2,999 | $1,643 |
| Townhomes | — | $1,595 | $2,500 | — | $2,200 |
| Apartments and Condos | $900 | $1,695 | — | — | $1,325 |
| Houses | — | $1,950 | $2,795 | $2,999 | $2,795 |
Frequently Asked Questions about Rentals in Forest Lake, MN
- What is the average rent of an apartment in Forest Lake, MN?The average rent of an apartment in Forest Lake, MN is $1,539 per month. This is about 21% lower than the national average.
- When is the average rent cheapest in Forest Lake, MN?In the last year, the average rent in Forest Lake, MN was lowest in Sep 2025 when it was $1,488 per month.
- When is the average rent most expensive in Forest Lake, MN?In the last year, the average rent in Forest Lake, MN was highest in Apr 2025 when it was $1,768 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Forest Lake, MN?The average rent of a 1 bedroom apartment in Forest Lake, MN is $1,160 per month. That is about $155 more than the cost of a studio apartment.
- How many available rental listings are in Forest Lake, MN?There are 33 available rental listings in Forest Lake, MN.
- What are some zip codes in Forest Lake, MN?Forest Lake, MN includes zip codes such as: 55025.
- What are some cities near Forest Lake, MN?Some nearby cities include: Columbus, Hugo, Scandia, Chisago City, Wyoming. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Forest Lake, MN - 4,111 Rentas | Trulia