Market Summary

Lake Forest, Hennepin County, MN

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Median Home Price Price

$720,320 $720.3K

Median Monthly Rent Rent

$2,066 $2.1K

GRM

29.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Hennepin County

Region Price Rent GRM Display
$577,700 $2,254 21.0x
$801,466 $2,149 31.0x
$642,789 $1,948 27.0x
$520,988 $2,048 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MN outside of Hennepin County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets outside of MN

Region Price Rent GRM Display
$1,070,024 $1,989 44.0x
$488,068 $2,065 20.0x
$469,631 $1,422 27.0x
$602,030 $1,966 25.0x
$702,204 $1,896 31.0x
$338,875 $1,839 15.0x
$1,076,316 $2,173 41.0x
$541,390 $1,284 35.0x
$775,623 $1,974 33.0x
$484,769 $1,526 26.0x
$414,348 $2,229 15.0x
$613,303 $2,047 25.0x
$1,031,762 $2,615 33.0x
$1,187,232 $2,294 43.0x
$547,226 $1,667 27.0x
$563,067 $1,973 24.0x
$400,898 $1,400 24.0x
$961,250 $2,136 38.0x
$512,966 $1,881 23.0x
$397,202 $1,292 26.0x

Home prices

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Monthly rent

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GRM

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Lake Forest

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Trend Insights

Median Rent in Lake Forest, MN is $2,066, with MoM change +$24 and YoY change +$152 pointing to positive momentum while volatility is low (std $37).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Lake Forest, MN.

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Metric
Base market Lake Forest, MN
Compare market Select a market
Delta vs base
Median rent
$2,066
N/A
Median price
$720,320
N/A
YoY change
+$152
N/A
Price-to-rent
29.1x
Data unavailable
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