129

Forest Lake, MN Homes for Rent

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  • /50

    Starting at $1,490 Plus Fees

    • 1 - 2 Beds

    4777 19th St SW, Forest Lake, MN 55025

    Timber Ridge Luxury Apartments is the newest apartment community in Forest Lake. Construction on our first building completed in April 2019 and features 1 bedroom and 2 bedroom apartments. Since then, we added an two additional buildings across the pond, one completed in November 2022 & the last one in February 2023. Both buildings features studio to 3 bedroom apartments. The homes feature

    Timber Ridge

    (833) 662-2709

    4777 19th St SW, Forest Lake, MN 55025
  • /34

    Starting at $1,025 Plus Fees

    • Studio - 2 Beds

    407 11th Ave SW, Forest Lake, MN 55025

    Enjoy your maintenance-free lifestyle while taking in the scenery of the lush wooded courtyards from your private patio or balcony. Spend your summers relaxing around the only outdoor swimming pool in Forest Lake or take a short drive to the lake for boating, fishing or swimming at the public beach. Your possibilities are endless here!Forest Lake, Minnesota, is a beautiful, developing

    Arbor View Apartments

    (651) 538-2637

    407 11th Ave SW, Forest Lake, MN 55025
  • /39

    Starting at $1,599

    Total Monthly Price

    • Studio - 3 Beds

    1081 SW Fourth St, Forest Lake, MN 55025

    Encore is comprised of luxury apartments. It offers studio, one, two, and three-bedroom apartments, each with its own full size washers and dryers. Enjoy the internet cafe, outdoor pool, fitness center, dog run, movie room and more when you call Encore Apartments in Forest Lake home! Residents pay water/sewer, gas, electricity, internet, cable, and $5 per month for trash service.

    Encore Apartments

    (651) 538-2652

    1081 SW Fourth St, Forest Lake, MN 55025
  • /41

    Starting at $1,159

    Total Monthly Price

    • 1 - 2 Beds

    219 3rd Ave SW, Forest Lake, MN 55025

    Live just a few blocks away from the beautiful Forest Lake! Our pet-friendly apartments have spacious entry-ways, walk-in closets, modern kitchens, updated appliances and functional layouts. Garage rentals are also available upon request. Enjoy a small town atmosphere with all of the shopping and conveniences you need!

    Alpine Apartments

    (651) 409-9478

    219 3rd Ave SW, Forest Lake, MN 55025
  • /22

    Starting at $1,625

    Total Monthly Price

    • 1 - 3 Beds

    19948 Headwaters Blvd N, Forest Lake, MN 55025

    Welcome to Forest Creek Estates in Forest Lake, MN, where modern 1–3 bedroom apartments feature open-concept layouts and private patios or decks. Each home includes the added convenience of an in-unit washer and dryer, making daily life easier.Residents enjoy a variety of community amenities, from the outdoor swimming pool, fitness center, and theater room to the community gathering

    Forest Creek Estates

    (651) 412-7945

    19948 Headwaters Blvd N, Forest Lake, MN 55025
  • /13

    Starting at $1,400 Plus Fees

    • 2 Beds

    680 12th St SW, Forest Lake, MN 55025

    Welcome to Westview Apartments where you will find new home!Our units are very spacious and equipped with full kitchens, large closets, and homey living areas, among many other amenities, like our community room and a new playground for the children! We have maintenance services available. Our staff members care about our residents and strive to create a professional and caring

    Westview Apartments

    (651) 964-7726

    680 12th St SW, Forest Lake, MN 55025
  • /23

    Starting at $1,313

    Total Monthly Price

    • 1 - 2 Beds

    1243 11th Ave SW, Forest Lake, MN 55025

    Seven Pines has recently undergone a massive interior and exterior renovation, which brings new construction to nearly every aspect of the property. Inside the property you will find a mix of one and two-bedroom apartments containing new stainless-steel front appliances, new granite kitchen countertops, beautiful new galley kitchen cabinetry, new windows, decking, paint, light fixtures, and more.

    Seven Pines Apartments

    (844) 794-4109

    1243 11th Ave SW, Forest Lake, MN 55025
  • /35

    Starting at $1,641

    Total Monthly Price

    • 2 - 3 Beds

    525 4th St SW, Forest Lake, MN 55025

    Welcome to Mill Pond Apartments in Forest Lake, Minnesota, which features large two and three bedroom apartments. Mill Pond is conveniently located, with easy access to Interstate 35, Lakeside Memorial Park, the regional Hardwood Creek Trail, and amazing shopping and dining options in every direction you go. Stay at home at you'll be able to enjoy our playground, fitness center, and heated

    Mill Pond Apartments

    (651) 538-2666

    525 4th St SW, Forest Lake, MN 55025
  • /32

    Starting at $1,795 Plus Fees

    • 2 - 3 Beds

    1001 7th Ave SW, Forest Lake, MN 55025

    Forest Park II Apartments is conveniently located in a quiet neighborhood in Forest Lake, Minnesota. Just a few blocks from the lake, our residents have great access to public water access, a beach and area parks. Forest Lake is a beautiful, developing city. We are easily situated on I-35 on the way to Duluth and other northern Minnesota destinations. However, it is only a short drive to the Twin

    Forest Parks II Apartments

    (952) 206-5069

    1001 7th Ave SW, Forest Lake, MN 55025
  • /35

    Starting at $1,823

    Total Monthly Price

    • 1 - 3 Beds

    290 9th Ave SW, Forest Lake, MN 55025

    Legacy Pointe is a beautiful building that provides all the modern conveniences you may expect. There are two and three-bedroom apartment homes. Residents here have access to a pool, fitness center, game room, playground, underground garage, and more! Legacy Pointe Apartments in Forest Lake is near many local businesses, restaurants and shops. There are two elementary schools within walking

    Legacy Pointe Apartments

    (651) 538-2765

    290 9th Ave SW, Forest Lake, MN 55025
  • /25

    Starting at $1,380

    Total Monthly Price

    • 1 - 3 Beds

    4626 Wyngate Blvd, Forest Lake, MN 55025

    Our Gateway Green Apartments in Forest Lake are comprised of two buildings in the center of the beautiful community of Gateway Green. Our smart apartments feature newly designed one, two, and three-bedroom apartments with open-concept kitchens, stainless steel appliances, granite countertops, and shaker style cabinets. Here, you'll be able to control your entire unit remotely. An elevator

    Gateway Green Apartments

    (651) 538-2663

    4626 Wyngate Blvd, Forest Lake, MN 55025
  • /25

    Starting at $1,675 Plus Fees

    • 2 Beds

    1700 8th St SE, Forest Lake, MN 55025

    Arbor Ridge Luxury Apartments in Forest Lake, MN features 1 bedroom and 2 bedroom apartments. Among other things, you will find high-end amenities like a fitness center, community room, in-home laundry, off-street parking, family friendly environments, and positive staff. We have everything you need to transition between working hard and relaxing in style.

    Arbor Ridge Luxury Apartments

    (833) 659-9220

    1700 8th St SE, Forest Lake, MN 55025
  • /23

    Starting at $1,350 Plus Fees

    • 2 - 3 Beds

    19951 Headwaters Blvd N, Forest Lake, MN 55025

    Fitzgerald Flats is an apartment building providing affordable living, located in Forest Lake, Minnesota. This property was built in 2023 and offers many amenities. We offer 1-, 2- and 3-bedroom units and offer on-site laundry, an elevator, community room, computer lab, and trash chutes. We also offer great outdoor amenities including a basketball court, a dog run, and an outdoor community space.

    Fitzgerald Flats

    (612) 979-1786

    19951 Headwaters Blvd N, Forest Lake, MN 55025
  • /11

    Starting at $1,622

    Total Monthly Price

    • 3 Beds

    912 4th St SW, Forest Lake, MN 55025

    Springwood Apartments is a charming apartment in Forest Lake. The building features renovated three bedroom apartments. The residents here care about their building and their neighborhood. There are two nearby elementary schools. The regional Hardwood Creek Trail is within walking distance. The beautiful units are spacious and of high quality. There are many businesses located nearby

    Springwood Apartments

    (651) 538-2757

    912 4th St SW, Forest Lake, MN 55025
  • /6

    Starting at $1,596

    Total Monthly Price

    • 3 Beds

    655 12th St SW, Forest Lake, MN 55025

    Welcome to Greystone Apartments! Greystone is a quiet, 10-unit apartment in Forest Lake. It has an amazing small community atmosphere and features three-bedroom apartments. From your Forest Lake apartment, you'll have easy access to many businesses like Target, Walmart, Applebee's and many others. Heat and water/ sewer is included in the rent. Residents pay electricity, internet, cable and $5

    Greystone Apartments

    (651) 383-9118

    655 12th St SW, Forest Lake, MN 55025
  • /20

    $3,056

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 2,191 Sq Ft
    • House for Rent

    937 5th Ave SW, Forest Lake, MN 55025

    Coming soon - this home is currently being enjoyed by another resident but will be available soon. Pre-lease this home now with Tricon Pre-Lease Guarantee. This home is professionally managed by Tricon, dedicated to creating exceptional rental experiences. Featuring 4 bedrooms, 2.5 bathrooms, and approximately 2,191 square feet, this well-maintained home offers a high standard of rental living,

    (651) 691-7674

    937 5th Ave SW, Forest Lake, MN 55025
  • /26

    $1,237

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 710 Sq Ft
    • Condo for Rent

    924 4th St SW Unit 205, Forest Lake, MN 55025

    Welcome to Pine Forest Apartments in Forest Lake! This wonderful 2BR apartment is a 2nd floor unit featuring newly updated kitchen cabinets, countertops, dishwasher, AC, flooring and bathroom vanity. Rent includes heat, water & trash. Coin-op laundry room in building. Garage available for $75 per month. We allow up to 2 spayed/neutered cats $35 per month pet fee per pet. We also have outside mini

    924 4th St SW Unit 205, Forest Lake, MN 55025
  • /21

    $2,795

    Total Monthly Price

    • 3 Beds
    • 4 Baths
    • 2,228 Sq Ft
    • Ready to go forest lake 3 bed 4 bath townhouse!

    6530 Appaloosa Ave N, Forest Lake, MN 55025

    Another amazing rental opportunity brought to you by the Dreamteam powered by Meta Realty!Welcome to this charming and spacious townhouse, ideally located within walking distance of Forest Lake High School and Middle School. Nestled in a quiet community, the home features a private backyard with scenic views of nature and local wildlife. Enjoy the fresh look of brand-new siding, giving

    6530 Appaloosa Ave N, Forest Lake, MN 55025

Why Live in Forest Lake

Forest Lake, MN, is a small community located in northwestern Washington County, named after the 2,300-acre lake at its center. Known for its water-oriented lifestyle, Forest Lake offers residents a small-town feel with amenities typically found in larger communities. The area boasts 23 parks and 12 miles of paved bike paths, with Lakeside Park providing beach access, a boat dock, and scenic views. Tower Park features outdoor ice rinks and connects to the Hardwood Creek Regional Trail. The community experiences all four seasons, including hot summers and cold winters with an average of 54 inches of snowfall annually. Forest Lake is home to over 20,000 residents, with top employers like the Forest Lake Public School District. The schools in Forest Lake are highly rated, contributing to the area's appeal for families. The annual Fourth of July Celebration at Lakeside Park is a major event, featuring live music, a parade, and fireworks. Shopping is centered along Broadway Avenue, with name-brand stores like Walmart, Cub Foods, and Aldi, as well as local boutiques and eateries. The city is undergoing redevelopment to expand the downtown area and attract new businesses. Forest Lake is safer than the national average, with lower violent crime rates reported. For commuters, Minneapolis and Saint Paul are less than 30 miles away via Interstate-35, and the Minneapolis-Saint Paul International Airport is 30 miles away. Homes in Forest Lake range from affordable twin-style houses to expansive lakefront estates, reflecting the area's growing market and development.

Frequently Asked Questions

How much does it cost to rent a home in Forest Lake, MN?
The median rent for a home in Forest Lake, MN is $2,595 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Forest Lake, MN?
To comfortably afford the median rent in Forest Lake, MN, a household needs to earn roughly $103,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,595 per month in Forest Lake, MN, renters typically need to show $7,785 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Forest Lake, MN?
In Forest Lake, MN, the price-to-rent ratio is 13.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Forest Lake, MN

Rental Home Trends

Number of Homes for Rent
18
Median Rent
$2,595
Median Single Family Home Rent
$2,548
Median Townhouse Rent
$2,175
Median Condo Rent
$1,237
How to Rent a Home