Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Forbes area can be challenging. Home prices in Forbes are now at a median cost of $122,300, lower than the Minnesota average of $269,934.
The average cost of rent is $627/mo in Forbes, primarily driven by the current value of real estate in the Forbes area. While nearly 55.52% of residents own their homes outright in Forbes, 4.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Forbes is $5,920 per month. Households that rent pay about 10.59% of their income on rent here. Forbes's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Zim, MN: equally priced homes
- Iron, MN: higher priced homes
- Iron Junction, MN: higher priced homes
- Little Swan, MN: higher priced homes
- Wilpen, MN: higher priced homes
- Kelsey, MN: higher priced homes
- Toivola, MN: higher priced homes
- Eveleth, MN: higher priced homes
- Genoa, MN: higher priced homes
- Leonidas, MN: higher priced homes
Cities with Similar Populations
- Rockton, WI: higher priced homes
- Lumber, AR: less expensive homes
- Lyra, OH: higher priced homes
- Magness, AR: equally priced homes
- Magnet, IL: higher priced homes
- Malden, WA: higher priced homes
- Manfred, AR: less expensive homes
- Manson, IN: higher priced homes
- Markhams, NY: less expensive homes
- Mason, OK: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood