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Affordable apartments in Forest Lake, Minnesota

5 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

5 lihtc

Buildings

KILKENNY COURT

LIHTC
1440 SE 4TH STREET, FOREST LAKE, MN, 55025
Income-restricted units
91 of 92
Year placed in service
2008
Bedroom mix
83 1BR · 9 2BR

Estimated total housing cost: $1,343 rent + $117 utilities = $1,460/mo

Contact property management for current availability. Waitlists may apply.

HEADWATERS LANDING

LIHTC
20041 FITZGERALD TRAIL NORTH, FOREST LAKE, MN, 55025
Income-restricted units
45 of 45
Year placed in service
2020
Bedroom mix
9 1BR · 22 2BR · 14 3BR

Estimated total housing cost: $1,343 rent + $117 utilities = $1,460/mo

Contact property management for current availability. Waitlists may apply.

FOREST RIDGE TOWNHOMES

LIHTC
MULTIPLE BUILDING ADDRESSES, FOREST LAKE, MN, 55025
Income-restricted units
37 of 38
Year placed in service
2007
Bedroom mix
19 2BR · 19 3BR

Estimated total housing cost: $1,343 rent + $117 utilities = $1,460/mo

Contact property management for current availability. Waitlists may apply.

FOREST OAK APARTMENTS II

LIHTC
19838 FOREST ROAD NORTH, FOREST LAKE, MN, 55025
Income-restricted units
36 of 36
Year placed in service
2016
Bedroom mix
18 2BR · 18 3BR

Estimated total housing cost: $1,343 rent + $117 utilities = $1,460/mo

Contact property management for current availability. Waitlists may apply.

FOREST OAK APARTMENTS

LIHTC
19830 FOREST ROAD NORTH, FOREST LAKE, MN, 55025
Income-restricted units
35 of 36
Year placed in service
2012
Bedroom mix
18 2BR · 18 3BR

Estimated total housing cost: $1,343 rent + $117 utilities = $1,460/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Minnesota

Residential electricity in Minnesota runs about 15.95¢/kWh, with a typical monthly residential electric bill near $117. Natural gas runs about $12.68/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Forest Lake, MN

Metro-level
BedroomsLocal FMRNational median
Studio$1,142n/a
1 bedroom$1,276n/a
2 bedroom$1,343$1,502
3 bedroom$1,746n/a
4 bedroom$2,015n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Washington County, MN

Minneapolis-St. Paul-Bloomington, MN-WI. FY2025. Area median income: $132,400.

Household size30% AMI50% AMI80% AMI
1 person$27,800$46,350$72,950
2 people$31,800$53,000$83,400
3 people$35,750$59,600$93,800
4 people$39,700$66,200$104,200
5 people$42,900$71,500$112,550
6 people$46,100$76,800$120,900
7 people$49,250$82,100$129,250
8 people$54,150$87,400$137,550

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Minnesota cities

See all affordable-rental cities in Minnesota

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Forest Lake cost-of-living and Fair Market Rent overview