Forest Lake, IL rental market

What is the average rent in Forest Lake, IL?

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Last updated June 23, 2026

Rental market summary

The average rent for all bedrooms and all property types in Forest Lake, IL is $2,500.

Average rent

$2,500

Month-over-month change

+$800

Year-over-year change

-$1,000

Available rentals

5

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $2,350 to $3,950.

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Rent frequencies
Rent priceNumber of rental properties
$2,3001
$2,4002
$2,5002
$3,7001
$3,900+1

Average rent price over time

In the last year, rent has decreased by $1,000 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,300$1,700
Feb$2,890$2,400
Mar$2,500$2,650
Jul$3,500$2,650
Aug$2,360No data
Sep$3,300No data
Oct$2,600No data
Nov$2,950No data
Dec$2,400No 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.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Forest Lake, IL is 24% higher than the national average.

Forest Lake, ILvs.

$2,500

$2,009

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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 $2,500.

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

The average rent for a two-bedroom apartment in Forest Lake, IL is $2,350 per month.

3. 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 $3,750 per month.

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

The average rent for a four-bedroom apartment in Forest Lake, IL is $5,495 per month.

5. How much does it cost to rent a house in Forest Lake, IL?

Houses in Forest Lake, IL rent between $2,350 - $3,950 with an average rent of $2,500.

6. How has the rent in Forest Lake, IL changed in the last year?

In the last year, the rent in Forest Lake, IL decreased by $1,000

7. 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 $800

8. How many available rentals are there in Forest Lake, IL?

There are currently 5 rentals available in Forest Lake, IL.

9. How do rent prices in Forest Lake, IL compare with the national average?

The average rent in Forest Lake, IL is $2,500 — 24.44% higher the national average of $2,009.

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