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Studio Apartments for Rent in Forest Lake, MN - 1 Rental available

  • Apartment in Forest Lake
    407 SW 11Th Avenue, Forest Lake, MN 55025
    $1,010 - $1,290
    • Studio-2 Beds
    • 2 Baths
    Available Today!
    (651) 464-5820

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Forest Lake, MN Demographics

  • Total Population19,170
  • Female 9,595
    Male 9,575
  • Median Age37.2

Average Rent for Studios in Forest Lake, MN

  • The average rent for studios in Forest Lake, MN, December 2018$1,013/mo
  • Studio$787
  • 1 Bedroom$870
  • 2 Bedrooms$1,085

Forest Lake, MN Studios Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Dec / 2018 $1,013 $787
Jan / 2018 $1,013 $787
Sept / 2017 $995 $746
May / 2017 $986 $747
Jan / 2017 $948 $704
Sept / 2016 $941 $688
May / 2016 $922 $717
Jan / 2016 $896 $695
Sept / 2015 $891 $701
May / 2015 $878 $685

Forest Lake, MN Households

  • Total Number of Households7,082
  • Family 5,246
    Non-family 1,836
  • Children 2,717
    No Children 4,365
  • Average People Per Household2.69
  • Median Household Income$69,315
  • Median Housing Costs Per Month$1,256

Forest Lake, MN Education Statistics

  • No High School1%
  • Some High School34%
  • Some College27%
  • Associate Degree13%
  • Bachelor Degree18%
  • Graduate Degree8%

Renting a studio apartment in Forest Lake, MN

The bad news is that the hip neighborhoods are typically not the places to look for truly affordable homes for rent, and Forest Lake, MN is no exception. That is unless you are willing to give up the (real or imagined) benefits of multiple rooms and experience the minimalist simplicity of a small apartment located smack dab in the middle of the action. Leaf through 1 listing with a total of 1 unit, and you’ll be sure to find at least a couple of cheap studios that will make you wonder whether having one or two extra rooms is really worth the difference in price and commute time. Already a fan of living small? Why don’t you check out our selection of one room apartments—there’s always a better deal out there, you just have to know where to look for it (Forest Lake is the cheapest neighborhood in town—wink wink).

They are called efficiency apartments for a reason

In case you’re still wondering, the time and effort put into finding an efficiency apartment does pay off. Literally, and pretty fast too. While the cheapest bachelor units normally have a small bath and one bigger, multifunctional space (meaning that the hall and the kitchen in the main room, basically), you don’t need to have that if it’s not your thing. You can find plenty of one-room apartments in Forest Lake, MN with a separate kitchen. These are still well under the price of an apartment with multiple rooms, but slightly more expensive than your average studio, so it’s a good idea to aim for the higher end of the price range. The currently the most expensive studio apartment in Forest Lake, MN costs a monthly $1,290.