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Affordable
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These days, finding an affordable place to live in the Forest Chapel area can be challenging. Home prices in Forest Chapel are now at a median cost of $172,444, lower than the Texas average of $322,096.
The average cost of rent is $1,096/mo in Forest Chapel, primarily driven by the current value of real estate in the Forest Chapel area. In Forest Chapel, 24.53% of households rent, and 70.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Forest Chapel is $6,332 per month. Households that rent pay about 17.31% of their income on rent here. Forest Chapel’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Razor, TX: equally priced homes
- Arthur City, TX: higher priced homes
- Belk, TX: equally priced homes
- Emberson, TX: higher priced homes
- Gay, OK: less expensive homes
- Powderly, TX: higher priced homes
- Cavines, TX: higher priced homes
- Grant, OK: equally priced homes
- Goodland, OK: less expensive homes
- Sumner, TX: higher priced homes
Cities with Similar Populations
- Hillside, SD: higher priced homes
- Ingold, NC: less expensive homes
- Walnut Grove, OH: higher priced homes
- Walnut, NC: higher priced homes
- Houstonville, NC: less expensive homes
- Houcktown, OH: equally priced homes
- Horrell, PA: equally priced homes
- Holy Cross, WI: higher priced homes
- Wapping, MA: higher priced homes
- Water Valley, AL: less expensive homes
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