Apartments for Rent in Forest Lake, MN

Home to one of Minnesota's most popular recreational lakes spanning 2,271 acres, Forest Lake offers a perfect blend of lakeside living and small-town atmosphere 27 miles northeast of Saint Paul. Originally established as a railroad stop in 1868, this lakeside community has grown into a desirable rental destination while maintaining its connection to the outdoors. The city encompasses over 35 square miles, including nearly 5 square miles of water, providing residents with ample recreational opportunities on Forest Lake and nearby Clear Lake.

Renters in Forest Lake enjoy a variety of housing options, from boutique apartment communities to townhomes and single-family rentals. The average one-bedroom apartment rents for approximately $1,276 per month, while two-bedroom units average $1,568. The city's higher median household income of $93,349 reflects the community's established neighborhoods like Forest Lake Estates and the sought-after lakefront areas.

The historic downtown district along Lake Street features independently owned shops and restaurants in restored buildings, while the Highway 61 corridor serves as the city's main commercial hub. Outdoor enthusiasts appreciate access to Hardwood Creek Trail for biking and walking, plus several parks including Lakeside Memorial Park and Fenway Athletic Park. Commuters benefit from the city's location near Interstate 35, allowing for reasonable travel times to employment centers in the northern Twin Cities metro area, with many residents working in healthcare, education, and professional services.