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 $212,046, lower than the North Dakota average of $223,566.
The average cost of rent is $1,249/mo in Forbes, primarily driven by the current value of real estate in the Forbes area. While nearly 70.69% of residents own their homes outright in Forbes, 10.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Forbes is $3,521 per month. Households that rent pay about 35.46% of their income on rent here. Forbes's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Pryor, CO: higher priced homes
- Puerto De Luna, NM: less expensive homes
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