Average Rent in Forest Lake, MN

Apartments & Houses by Size

Rentometer, Inc. | Data as of 09/09/2026

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Current rent in Forest Lake (all property types)

  • $1,370 1 Bedroom
  • $1,587 2 Bedroom
  • $1,844 3 Bedroom

Forest Lake, Minnesota, offers a welcoming blend of small‑city charm and natural beauty, making it a sought‑after destination for renters seeking both convenience and recreation. Nestled alongside the expansive Forest Lake itself, the community benefits from easy access to water sports, scenic trails, and a vibrant downtown area filled with boutique shops, cafés, and local eateries. The city’s proximity to the Twin Cities provides commuters with a manageable drive to major employment hubs while still enjoying the relaxed pace of lakeside living.

The rental market in Forest Lake is anchored by a diverse mix of housing options, from modern apartment complexes to charming single‑family homes. Apartment seekers can choose from studios that typically fall in the $1,200 range, cozy one‑bedroom units commonly priced in the $1,300–$1,400 bracket, spacious two‑bedroom apartments around the $1,600 level, and larger three‑bedroom layouts that approach the $1,800 tier. Many of these rentals feature updated interiors, on‑site amenities such as fitness centers and community lounges, and convenient parking options, catering to a variety of lifestyle needs.

Beyond the walls of any rental, Forest Lake’s appeal is amplified by its well‑maintained parks, popular fishing spots, and a calendar of community events that foster a tight‑knit atmosphere. Neighborhoods like the historic Oak Grove and the newer Lakeshore development each bring distinct character, while schools, medical facilities, and shopping centers are easily reachable. Whether you’re a young professional, a growing family, or a retiree looking for serene surroundings, Forest Lake delivers a balanced rental experience that blends affordability, quality of life, and the natural allure of Minnesota’s great outdoors.

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Partial Data Available: We have sufficient data for 1 Bedroom, 2 Bedroom, 3 Bedroom listings. Other bedroom types need more data for reliable statistics.

Forest Lake Rent by Property Type & Bedroom Count

Averages, medians, and ranges across recent rental listings

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Overall average rents for this area are always free — see the summary just below.

Current rent in Forest Lake (all property types)

  • $1,370 1 Bedroom
  • $1,587 2 Bedroom
  • $1,844 3 Bedroom

Note: This analysis includes only bedroom types with sufficient data.

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About this data

Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.

If you cite, share, or republish data from this report, please credit Rentometer.

About this data