Last updated on November 2, 2026

Average rent in
Forest Lake, MN

Median rent

Median rent in Forest Lake

$1,808/mo

increased by9%

vs previous year

The average rent in Forest Lake is $1,808 per month as of October 2026. This is 5% below the national average rent, or $92 less per month.

$1.50

average price per square foot

Total rentals

Available rentals in Forest Lake

22

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Forest Lake rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Forest Lake, MN

Average rent prices in Forest Lake have increased by 11% over the last month and have increased by 9% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Forest Lake, MN

Rent prices in Forest Lake vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Forest Lake is $1,605, whereas a house costs $2,300. 1-bedroom apartments in Forest Lake run $1,388 on average, while 2-bedroom apartments are $1,796.

Listings

Studio

$2,400

3%

79%

1 bedroom

$1,299

1%

20%

2 bedroom

$1,845

14%

12%

3 bedroom

$1,890

11%

5%

4 bedroom

$2,700

19%

1%

Studio

Average rent

$2,400

Last 30 days

3%

Last year

79%

1 bedroom

Average rent

$1,299

Last 30 days

1%

Last year

20%

2 bedroom

Average rent

$1,845

Last 30 days

14%

Last year

12%

3 bedroom

Average rent

$1,890

Last 30 days

11%

Last year

5%

4 bedroom

Average rent

$2,700

Last 30 days

19%

Last year

1%

The table above reflects average rent prices in Forest Lake, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Forest Lake, MN compare to other cities?

Compare median rent prices in Forest Lake and Andover by all bedroom counts and property types.

Forest Lake

Median rent price$1,808
decreased by5%

lower than the national median

Median rent price$1,384
decreased by27%

lower than the national median

Takeaway

The median rent for all rentals in Forest Lake, MN is 31% higher than the median rent in Andover, MN.

Discover rentals in Forest Lake, MN

956 Place Apartments - Photo 1 of 1

3d ago

8.8

Very good

956 Place Apartments

956 12th St Sw, Forest Lake, MN 55025

2 beds

1 bath

$1,164–$1,284

Total Monthly Price. The price shown reflects a 10-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
Welcome to Pine Forest Apartments in Forest Lake, MN - Photo 1 of 1

2d ago

8.3

Very good

Welcome to Pine Forest Apartments in Forest Lake, MN

924 4th St Sw, Forest Lake, MN 55025

2 beds

1 bath

$1,237

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Springwood Apartments - Photo 1 of 1

3d ago

8.8

Very good

Springwood Apartments

912 4th St Sw, Forest Lake, MN 55025

3 beds

1 bath

$1,375–$1,510

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
Northbrook Apartments - Photo 1 of 1

3d ago

8.8

Very good

Northbrook Apartments

957 7th Ave Sw, Forest Lake, MN 55025

3 beds

1 bath

$1,381–$1,397

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Forest Lake, MN

Quick answers to common questions about the Forest Lake rental market.

How much is rent in Forest Lake?

The average rent in Forest Lake is $1,808 per month as of October 31, 2026.

Is rent up or down in Forest Lake?

Average rent prices in Forest Lake have increased by 11% over the last month and have increased by 9% since last year.

How does Forest Lake rent compare to the national average?

Rent in Forest Lake is 5% below the national average, which means renters are paying approximately $92 less per month.

What salary do I need to afford rent in Forest Lake?

To comfortably afford rent in Forest Lake, you'd need to earn approximately $72,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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