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 November 2026, the average rent in Forest Lake, MN is $1,752 per month, which is 9% lower than the national average rent of $1,932 per month.
AVERAGE RENT
$1,752
4.4%$74 increase month-over-month
16.8%$252 increase year-over-year
AVAILABLE RENTALS
40
APARTMENTS
HOUSES
TOWNHOUSES
As of November 2026, apartments are the most affordable rental option in Forest Lake, MN at $1,306 per month, while townhomes are the most expensive at $2,471 per month. Houses average $2,400 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 | $1,643 |
| 3 Bedrooms | $1,979 |
| 4 Bedrooms | $2,377 |
| All | $1,752 |
As of November 2026, the average rent for a 1 bedroom rental in Forest Lake, MN is $1,275 per month, followed by $1,643 for a 2 bedroom rental, $1,979 for a 3 bedroom rental, and $2,377 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,995 |
| 3 Bedrooms | $2,411 |
| 4 Bedrooms | $2,377 |
| All | $2,471 |
As of November 2026, the average rent for a 2 bedroom townhome in Forest Lake, MN is $1,995 per month, followed by $2,411 for a 3 bedroom townhome, and $2,377 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $900 |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $900 |
As of November 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 | $1,972 |
| 3 Bedrooms | $2,495 |
| 4 Bedrooms | $2,252 |
| All | $2,400 |
As of November 2026, the average rent for a 2 bedroom house in Forest Lake, MN is $1,972 per month, followed by $2,495 for a 3 bedroom house, and $2,252 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +14% compared to the previous year, which is a +$213 increase.
This year (2026)
Last year (2025)
Rent distribution
35% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $900 to $7,000.
