Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Forada area can be challenging. Home prices in Forada are now at a median cost of $274,351, higher than the Minnesota average of $269,934.
The average cost of rent is $1,051/mo in Forada, primarily driven by the current value of real estate in the Forada area. While nearly 42.95% of residents own their homes outright in Forada, 23.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in Forada is $6,200 per month. Households that rent pay about 16.95% of their income on rent here. Forada's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Alexandria, MN: equally priced homes
- Villard, MN: less expensive homes
- Holmes City, MN: higher priced homes
- Lowry, MN: equally priced homes
- Long Beach, MN: less expensive homes
- Nelson, MN: less expensive homes
- Glenwood, MN: less expensive homes
- Osakis, MN: less expensive homes
- Farwell, MN: equally priced homes
- Westport, MN: less expensive homes
Cities with Similar Populations
- South Washington, IN: less expensive homes
- Carville, LA: less expensive homes
- Cataract, WI: less expensive homes
- Cazenovia, WI: less expensive homes
- Claverack, NY: less expensive homes
- Collins, MO: less expensive homes
- Colony, AL: less expensive homes
- Coulee City, WA: less expensive homes
- Cragford, AL: less expensive homes
- Crystal Lake Park, MO: higher priced homes
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