Forest Lake, MN rental market

What is the average rent in Forest Lake, MN?

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Last updated November 11, 2025

Rental market summary

The average rent for all bedrooms and all property types in Forest Lake, MN is $1,574.

Average rent

$1,574

Month-over-month change

+$37

Year-over-year change

-$205

Available rentals

27

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $900 to $3,300.

Rent frequencies
Rent priceNumber of rental properties
$1,1001
$1,2003
$1,3006
$1,4003
$1,5003
$1,6003
$1,7004
$1,8001
$2,1001
$2,2002
$2,3001
$2,4001
$2,5001
$3,2001
$3,300+1

Average rent price over time

In the last year, rent has decreased by $205 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,793$1,644
Feb$1,647$1,558
Mar$1,589$1,562
Apr$1,596$1,768
May$1,626$1,601
Jun$1,642$1,611
Jul$1,647$1,583
Aug$1,691$1,563
Sep$1,711$1,488
Oct$1,670$1,560
Nov$1,718$1,539
Dec$1,762No data

Market temperature

The Forest Lake, MN 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.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Forest Lake, MN is 21% lower than the national average.

Forest Lake, MNvs.

$1,574

$2,000

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Frequently asked questions

1. What is the average rent in Forest Lake, MN?

The average rent in Forest Lake, MN is $1,574.

2. What is the average rent for a studio apartment in Forest Lake, MN?

The average rent for a studio apartment in Forest Lake, MN is $1,115 per month.

3. What is the average rent for a one-bedroom apartment in Forest Lake, MN?

The average rent for a one-bedroom apartment in Forest Lake, MN is $1,212 per month.

4. What is the average rent for a two-bedroom apartment in Forest Lake, MN?

The average rent for a two-bedroom apartment in Forest Lake, MN is $1,531 per month.

5. What is the average rent for a three-bedroom apartment in Forest Lake, MN?

The average rent for a three-bedroom apartment in Forest Lake, MN is $1,650 per month.

6. What is the average rent for a four-bedroom apartment in Forest Lake, MN?

The average rent for a four-bedroom apartment in Forest Lake, MN is $2,400 per month.

7. How much does it cost to rent a house in Forest Lake, MN?

Houses in Forest Lake, MN rent between $900 - $3,300 with an average rent of $1,574.

8. How has the rent in Forest Lake, MN changed in the last year?

In the last year, the rent in Forest Lake, MN decreased by $205

9. How much has the rent in Forest Lake, MN increased/decreased in the last month?

In the last month, the rent in Forest Lake, MN increased by $37

10. How many available rentals are there in Forest Lake, MN?

There are currently 27 rentals available in Forest Lake, MN.

11. How do rent prices in Forest Lake, MN compare with the national average?

The average rent in Forest Lake, MN is $1,574 — 21.3% lower the national average of $2,000.