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 August 2026, the average rent in Forest Lake, MN is $1,633 per month, which is 17% lower than the national average rent of $1,965 per month.
AVERAGE RENT
$1,633
-0.6%-$10 decrease month-over-month
4.7%$74 increase year-over-year
AVAILABLE RENTALS
35
APARTMENTS
HOUSES
TOWNHOUSES
As of August 2026, apartments are the most affordable rental option in Forest Lake, MN at $1,439 per month, while townhomes are the most expensive at $2,495 per month. Houses average $2,495 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,195 |
| 2 Bedrooms | $1,531 |
| 3 Bedrooms | $1,766 |
| 4 Bedrooms | $3,328 |
| All | $1,633 |
As of August 2026, the average rent for a 1 bedroom rental in Forest Lake, MN is $1,195 per month, followed by $1,531 for a 2 bedroom rental, $1,766 for a 3 bedroom rental, and $3,328 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,495 |
| 4 Bedrooms | — |
| All | $2,495 |
As of August 2026, the average rent for a 3 bedroom townhome in Forest Lake, MN is $2,495 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,695 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,195 |
As of August 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 | $1,900 |
| 3 Bedrooms | $2,495 |
| 4 Bedrooms | $3,328 |
| All | $2,495 |
As of August 2026, the average rent for a 2 bedroom house in Forest Lake, MN is $1,900 per month, followed by $2,495 for a 3 bedroom house, and $3,328 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +4% compared to the previous year, which is a +$70 increase.
This year (2026)
Last year (2025)
Rent distribution
43% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $800 to $17,500.
