Forest Lake, MN rental market

What is the average rent in Forest Lake, MN?

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Last updated November 8, 2026

Rental market summary

The average rent for all bedrooms and all property types in Forest Lake, MN is $1,723.

Average rent

$1,723

Month-over-monthMoM change

-$32

Year-over-yearYoY change

+$184

Available rentals

40

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $900 to $7,000.

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Rent frequencies
Rent priceNumber of rental properties
$8001
$9001
$1,2004
$1,3003
$1,4005
$1,5003
$1,6003
$1,7002
$1,8003
$1,9001
$2,0002
$2,1002
$2,2002
$2,3002
$2,4003
$2,5001
$2,9002
$3,9001
$5,000+1

Average rent price over time

In the last year, rent has increased by $184 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,644$1,574
Feb$1,558$1,595
Mar$1,562$1,580
Apr$1,768$1,613
May$1,601$1,589
Jun$1,611$1,580
Jul$1,583$1,643
Aug$1,563$1,633
Sep$1,488$1,643
Oct$1,560$1,687
Nov$1,539$1,752
Dec$1,539No 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 14% lower than the national average.

Forest Lake, MNvs.
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$1,723

$1,999

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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 $1,723.

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 $1,050 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 $1,298 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 $1,565 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 $2,000 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 $2,650 per month.

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

Houses in Forest Lake, MN rent between $900 - $7,000 with an average rent of $1,723.

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

In the last year, the rent in Forest Lake, MN increased by $184

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 decreased by $32

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

There are currently 40 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 $1,723 — 13.81% lower the national average of $1,999.

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