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3 Bedroom Apartments for Rent in Forest Lake, MN - 3 Rentals available

  • Apartment
    220 Lake Street North, Forest Lake, MN 55025
    $1,363 - $1,731
    • 3 Beds
    • 2 Baths
    Available Today! Last updated 18 Nov 2019
    (651) 272-5173
  • Apartment
    1001 SW 7Th Avenue, Forest Lake, MN 55025
    $1,159
    • 3 Beds
    • 1 Bath
    Available Today! Last updated 18 Nov 2019
    (651) 464-1401
  • Apartment
    708 12 St SW 103, Forest Lake, MN 55025
    $770 - $1,000
    • 3 Beds
    • 2 Baths
    Available Today! Last updated 18 Nov 2019
    (651) 383-5156
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Forest Lake, MN Demographics

  • Total Population19,406
  • Female 9,862
    Male 9,544
  • Median Age39.1

Average Rent in Forest Lake, MN

  • Forest Lake, MN Average Rental Price, October 2019 $1,049 /mo

Forest Lake, MN Apartment Rent Ranges

  • $701-$1,00042%
  • $1,001-$1,50057%
  • $1,501-$2,0001%

Forest Lake, MN Rent Trends

Average Rent Jul / 2016 Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Oct / 2019
Forest Lake, MN $922 $941 $948 $986 $995 $1,013 $1,013 $1,029 $1,056 $1,049
National $1,342 $1,350 $1,346 $1,378 $1,380 $1,383 $1,418 $1,427 $1,431 $1,466
/

Forest Lake, MN Households

  • Total Number of Households7,332
  • Family 5,349
    Non-family 1,983
  • Children 2,486
    No Children 4,846
  • Average People Per Household2.63
  • Median Household Income$74,475
  • Median Housing Costs Per Month$1,213

Forest Lake, MN Education Statistics

  • No High School1%
  • Some High School33%
  • Some College31%
  • Associate Degree11%
  • Bachelor Degree16%
  • Graduate Degree8%

Renting a 3 bedroom apartment in Forest Lake, MN

Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,042 Sqft. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Forest Lake, MN, rents on 3 bedroom apartments go up to $1,731. 3 rental properties offer 3 bedroom units in Forest Lake, MN to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

Tips on finding a cheap 3 bedroom apartment in Forest Lake, MN

For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $770 in Forest Lake, MN, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Forest Lake or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!