Forest Lake, IL rental market
What is the average rent in Forest Lake, IL?
Last updated October 30, 2025
Rental market summary
The average rent for all bedrooms and all property types in Forest Lake, IL is $2,950.
$2,950
+$350
+$550
3
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $2,600 to $3,299.
| Rent price | Number of rental properties |
|---|---|
| $2,500 | 1 |
| $2,600 | 1 |
| $2,900 | 1 |
| $3,200+ | 1 |
Average rent price over time
In the last year, rent has increased by $550 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $2,609 | $2,300 |
| Apr | $3,590 | $2,890 |
| May | $2,450 | $2,500 |
| Aug | $2,300 | $3,500 |
| Sep | $2,350 | $2,360 |
| Oct | $1,995 | $3,300 |
| Nov | $2,400 | $2,600 |
| Dec | $2,400 | No data |
Market temperature
The Forest Lake, IL rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Forest Lake, IL is 48% higher than the national average.
$2,950
$2,000
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Frequently asked questions
1. What is the average rent in Forest Lake, IL?
The average rent in Forest Lake, IL is $2,950.
2. What is the average rent for a three-bedroom apartment in Forest Lake, IL?
The average rent for a three-bedroom apartment in Forest Lake, IL is $2,950 per month.
3. How much does it cost to rent a house in Forest Lake, IL?
Houses in Forest Lake, IL rent between $2,600 - $3,299 with an average rent of $2,950.
4. How has the rent in Forest Lake, IL changed in the last year?
In the last year, the rent in Forest Lake, IL increased by $550
5. How much has the rent in Forest Lake, IL increased/decreased in the last month?
In the last month, the rent in Forest Lake, IL increased by $350
6. How many available rentals are there in Forest Lake, IL?
There are currently 3 rentals available in Forest Lake, IL.
7. How do rent prices in Forest Lake, IL compare with the national average?
The average rent in Forest Lake, IL is $2,950 — 47.5% higher the national average of $2,000.