What's the average rent in Forest Lake, MN?
Rental Market Trends in Forest Lake, MN
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SOURCE: TRULIA DATA
Rental market highlights
As of June 2026, the average rent in Forest Lake, MN is $1,621 per month, which is 17% lower than the national average rent of $1,951 per month.
AVERAGE RENT
$1,621
-2.0%-$32 decrease month-over-month
-1.5%-$24 decrease year-over-year
AVAILABLE RENTALS
28
APARTMENTS
HOUSES
TOWNHOUSES
As of June 2026, apartments are the most affordable rental option in Forest Lake, MN at $1,431 per month, while houses are the most expensive at $2,999 per month. Townhomes average $2,500 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,264 |
| 2 Bedrooms | $1,538 |
| 3 Bedrooms | $1,789 |
| 4 Bedrooms | $2,999 |
| All | $1,621 |
As of June 2026, the average rent for a 1 bedroom rental in Forest Lake, MN is $1,264 per month, followed by $1,538 for a 2 bedroom rental, $1,789 for a 3 bedroom rental, and $2,999 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,500 |
| 4 Bedrooms | — |
| All | $2,500 |
As of June 2026, the average rent for a 3 bedroom townhome in Forest Lake, MN is $2,500 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,695 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,100 |
As of June 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 | $1,400 |
| 3 Bedrooms | $2,595 |
| 4 Bedrooms | $2,999 |
| All | $2,999 |
As of June 2026, the average rent for a 2 bedroom house in Forest Lake, MN is $1,400 per month, followed by $2,595 for a 3 bedroom house, and $2,999 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -2% compared to the previous year, which is a $31 decrease.
This year (2026)
Last year (2025)
Rent distribution
45% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $900 to $2,999.
