A+
55%
Med. Home Val. NAT. AVG.
19%
Rent NAT. AVG.
16%
Owner Occ. NAT. AVG.

Forest Lake Housing Information

IndexForest LakeMinnesotaNational
Median home price$286,500$191,500$184,700
Median rent asked$1,132$873$949
Avg. people per household2.42.42.6
Owner occupied households73.6%71.4%63.6%
Renter occupied households26.4%28.6%36.4%
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Housing Quick Facts

  • The median home price in Forest Lake is 55% higher than the national average.
  • The median rent asked in Forest Lake is 19% higher than the national average.
  • The average number of people per household in Forest Lake is 8% lower than the national average.
  • The number of owner occupied households in Forest Lake is 16% higher than the national average.
  • The number of renter occupied households in Forest Lake is 27% lower than the national average.

Most Affordable Places to Live in and Around Forest Lake

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Houlton, WI105$0100%
      Stacy, MN1,960$155,00016%
      Osceola, WI2,521$158,90014%
      Shafer, MN1,155$171,1007%
      Isanti, MN6,016$190,7003%
      Forest Lake, MN20,393$286,50055%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Golden, CO20,391$541,400193%
      Elko, NV20,396$229,60024%
      Crest Hill, IL20,388$173,7006%
      Northfield, MN20,399$240,50030%
      Bayshore Gardens, FL20,380$112,30039%
      Forest Lake, MN20,393$286,50055%
      Source: The Forest Lake, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).