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States / Minnesota / Forest Lake

Forest Lake, MN Housing

ACS 2020-2024

Median Home Value
$393,500 ± $19,271
Median Gross Rent
$1,421 ± $74/mo
Homeownership Rate
72.9%
Rent as Share of Income
18.3%
Price-to-Income Ratio
4.2×
Vacancy Rate
5.0%
Median Year Built
1988

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
86
Buildings
68
Single-Family Units
64
Multi-Family Units
22

Nearby Cities in Minnesota

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Forest Lake, MN Housing: Rent & Home Values | HomeDataUSA