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 May 2026, the average rent in Forest Lake, MN is $1,592 per month, which is 17% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$1,592
-1.3%-$21 decrease month-over-month
1.5%$24 increase year-over-year
AVAILABLE RENTALS
25
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Forest Lake, MN at $1,398 per month, while houses are the most expensive at $3,000 per month. Townhomes average $2,250 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,338 |
| 2 Bedrooms | $1,547 |
| 3 Bedrooms | $1,750 |
| 4 Bedrooms | $3,000 |
| All | $1,592 |
As of May 2026, the average rent for a 1 bedroom rental in Forest Lake, MN is $1,338 per month, followed by $1,547 for a 2 bedroom rental, $1,750 for a 3 bedroom rental, and $3,000 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,250 |
| 4 Bedrooms | — |
| All | $2,250 |
As of May 2026, the average rent for a 3 bedroom townhome in Forest Lake, MN is $2,250 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $900 |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $900 |
As of May 2026, the average rent for a 1 bedroom apartment in Forest Lake, MN is $900 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,400 |
| 3 Bedrooms | $1,745 |
| 4 Bedrooms | $3,000 |
| All | $3,000 |
As of May 2026, the average rent for a 2 bedroom house in Forest Lake, MN is $1,400 per month, followed by $1,745 for a 3 bedroom house, and $3,000 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -9% compared to the previous year, which is a $155 decrease.
This year (2026)
Last year (2025)
Rent distribution
50% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $900 to $3,750.
