What percentage of people rent in Forest Lake, MN?
27.1% (±3.2 points) of the occupied homes in Forest Lake, MN are rented (2020–2024 American Community Survey).
That is 2,244 renting households against 6,042 that own their home.
In Forest Lake, the share of households that rent went from 27.8% in 2015–2019 to 27.1% in 2020–2024 (−0.7 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 27.1% (±3.2 points)
- Renting households
- 2,244 (±299)
- Median renter income
- $62,385 (±$12,079)
Who rents and who owns in Forest Lake
| Forest Lake | Washington County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 27.1% (±3.2 points) | 18.7% (±1.0 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 2,244 (±299) | 19,752 (±1,050) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 6,042 (±322) | 85,825 (±1,028) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 2.2 (±0.3) | 2.0 (±0.1) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.1) | 2.7 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $62,385 (±$12,079) | $65,980 (±$4,224) | $51,080 (±$531) | $52,966 |
| Median owner household income | $112,155 (±$9,044) | $129,342 (±$2,893) | $108,214 (±$476) | $100,009 |
In Forest Lake, the renter share is higher than in Washington County (18.7%).
It is not measurably different from Minnesota (27.8%).
It is lower than the national figure (34.8%).
In Washington County, Forest Lake ranks 4 of 31 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 334 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Forest Lake has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 27.8% (±3.2 points) | 27.1% (±3.2 points) | −0.7 percentage points | Not a measurable change |
| Median gross rent | $1,117 (±$61) | $1,421 (±$74) | +27.2% | No measurable change after inflation |
| Median household income | $79,840 (±$8,430) | $92,944 (±$8,689) | +16.4% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Forest Lake
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Forest Lake | — | 27.1% (±3.2 points) | — |
| Hugo | 6.0 mi | 10.5% (±3.3 points) | Lower |
| Wyoming | 6.2 mi | 13.2% (±4.9 points) | Lower |
| Scandia | 6.5 mi | 11.3% (±8.5 points) | Lower |
| Columbus | 6.9 mi | 11.3% (±6.6 points) | Lower |
| Centerville | 7.2 mi | 10.8% (±4.5 points) | Lower |
| Chisago City | 8.7 mi | 27.5% (±6.0 points) | Not measurably different |
| May Township (Washington County) | 8.8 mi | 1.6% (±1.5 points) | Lower |
| Lino Lakes | 9.5 mi | 7.9% (±2.5 points) | Lower |
Nearby places with a measurably lower figure: Hugo, MN (10.5%), Wyoming, MN (13.2%), Scandia, MN (11.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Washington County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Oak Park Heights | 53.6% (±8.3 points) |
| 2 | Newport | 33.1% (±7.0 points) |
| 3 | Willernie | 29.9% (±15.3 points) |
| 4 | Forest Lake | 27.1% (±3.2 points) |
| 5 | St. Paul Park | 24.0% (±13.6 points) |
| 6 | Stillwater | 23.3% (±4.2 points) |
| 7 | Oakdale | 22.5% (±2.6 points) |
| 8 | Woodbury | 22.4% (±2.0 points) |
| 9 | Mahtomedi | 17.4% (±4.3 points) |
| 10 | Lakeland | 13.4% (±7.3 points) |
Showing 10 of 31 places in Washington County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Forest Lake
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Questions about Forest Lake
How many renters are there in Forest Lake?
Forest Lake has an estimated 2,244 (±299) renting households, 27.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Forest Lake?
In Forest Lake, the share of households that rent went from 27.8% in 2015–2019 to 27.1% in 2020–2024 (−0.7 percentage points), not a measurable change.
How big are renting households in Forest Lake?
A renting household in Forest Lake has 2.2 people on average, against 2.6 in an owned home.
How much do renters earn in Forest Lake?
The median renting household in Forest Lake, MN has an income of $62,385 (±$12,079) a year, against $112,155 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Forest Lake city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Forest Lake city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Forest Lake city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Forest Lake city, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Forest Lake city, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Forest Lake city, Minnesota (place:21770, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Forest Lake
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- Property taxes in Forest Lake
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- Crime reported to police in Forest Lake
- Population growth in Forest Lake
- How long people stay in Forest Lake
- Crowding and facilities in Forest Lake
- Minnesota landlord and tenant rules
- Housing across Washington County
- Minnesota places ranked by share of renters
- Housing data for every place in Minnesota