What's the average rent in Forest Lake, MN?

Rental Market Trends in Forest Lake, MN

Search for Apartments in Forest Lake, MN

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Forest Lake, MN is $1,643 per month, which is 16% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,643

0.0%No change month over month

1.3%$21 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,514

HOUSES

$2,450

TOWNHOUSES

$2,600

As of September 2026, apartments are the most affordable rental option in Forest Lake, MN at $1,514 per month, while townhomes are the most expensive at $2,600 per month. Houses average $2,450 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,275
2 Bedrooms	$1,510
3 Bedrooms	$1,749
4 Bedrooms	$2,600
All	$1,643

As of September 2026, the average rent for a 1 bedroom rental in Forest Lake, MN is $1,275 per month, followed by $1,510 for a 2 bedroom rental, $1,749 for a 3 bedroom rental, and $2,600 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,230
3 Bedrooms	$2,150
4 Bedrooms	$2,600
All	$2,600

As of September 2026, the average rent for a 2 bedroom townhome in Forest Lake, MN is $2,230 per month, followed by $2,150 for a 3 bedroom townhome, and $2,600 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$900
2 Bedrooms	$1,695
3 Bedrooms	—
4 Bedrooms	—
All	$1,695

As of September 2026, the average rent for a 1 bedroom apartment in Forest Lake, MN is $900 per month, followed by $1,695 for a 2 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,800
3 Bedrooms	$2,495
4 Bedrooms	$2,449
All	$2,450

As of September 2026, the average rent for a 2 bedroom house in Forest Lake, MN is $1,800 per month, followed by $2,495 for a 3 bedroom house, and $2,449 for a 4 bedroom house.