Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Foresman area can be challenging. Home prices in Foresman are now at a median cost of $181,413, lower than the Indiana average of $232,932.
The average cost of rent is $908/mo in Foresman, primarily driven by the current value of real estate in the Foresman area. In Foresman, 16.69% of households rent, and 40.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Foresman is $7,074 per month. Households that rent pay about 12.83% of their income on rent here. Foresman’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mount Ayr, IN: higher priced homes
- Brook, IN: less expensive homes
- Collegeville, IN: higher priced homes
- Goodland, IN: less expensive homes
- Rensselaer, IN: equally priced homes
- Remington, IN: less expensive homes
- Parr, IN: higher priced homes
- Beaver City, IN: higher priced homes
- Morocco, IN: equally priced homes
- Wadena, IN: higher priced homes
Cities with Similar Populations
- Rex, AR: less expensive homes
- Neill, OK: higher priced homes
- Newberne, WV: less expensive homes
- Newburg, TX: higher priced homes
- Prathersville, MO: higher priced homes
- Preston, NV: equally priced homes
- Preston Park, PA: higher priced homes
- Radium, CO: higher priced homes
- Razor, TX: equally priced homes
- Red Hill, NM: higher priced homes
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