Forest Lake, IL rental market
Last updated August 29, 2025
Rental market summary
The average rent for all bedrooms and all property types in Forest Lake, IL is $2,950.
$2,950
+$570
+$2,950
2
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $2,950 to $3,300.
| Rent price | Number of rental properties |
|---|---|
| $2,900 | 1 |
| $3,200 | 1 |
| $3,300+ | 1 |
Average rent price over time
In the last year, rent has increased by $2,950 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 | No data |
| Nov | $2,400 | No data |
| Dec | $2,400 | No data |
Market temperature
The Forest Lake, IL rental market temperature is WARM. 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 40% higher than the national average.
$2,950
$2,100
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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. How much does it cost to rent a house in Forest Lake, IL?
Houses in Forest Lake, IL rent between $2,950 - $3,300 with an average rent of $2,950.
3. 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 $2,950
4. 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 $570
5. How many available rentals are there in Forest Lake, IL?
There are currently 2 rentals available in Forest Lake, IL.
6. How do rent prices in Forest Lake, IL compare with the national average?
The average rent in Forest Lake, IL is $2,950 — 40.48% higher the national average of $2,100.