Median home value: $408K (+1.1% YoY). Rent: $1,682/mo. Price-to-rent: 20.2x. Part of Minneapolis-St. Paul-Bloomington, MN-WI.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Minneapolis-St. Paul-Bloomington, MN-WI metro page.
Home Value$408,451
+1.1%
Rent$1,682/mo
AFFORDABILITYRenting $808/mo cheaper ($1,682 rent)6.00% 30yr, 20% down, county tax + MN ins. 28% per HUD.
Enter your income for Forest Lake.
$81,690 on $408,451
Out of reach — 39.8% of income
Need $106,714/yr to afford.
PITI$2,490
P/I39.8%
Afford$287K
Gap-$121K
P&I $1,959Tax $381Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing