Home Price Key
Affordable
Average
Expensive
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 $180,184, lower than the Texas average of $235,268.
The average cost of rent is $1,189/mo in Forest Chapel, primarily driven by the current value of real estate in the Forest Chapel area. While nearly 66.46% of residents own their homes outright in Forest Chapel, 34.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Forest Chapel is $5,417 per month. Households that rent pay about 21.94% of their income on rent here. Forest Chapel's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Razor, TX: equally priced homes
- Arthur City, TX: less expensive homes
- Belk, TX: equally priced homes
- Emberson, TX: less expensive homes
- Gay, OK: less expensive homes
- Powderly, TX: less expensive homes
- Cavines, TX: less expensive homes
- Grant, OK: less expensive homes
- Goodland, OK: less expensive homes
- Sumner, TX: less expensive homes
Cities with Similar Populations
- Hillside, SD: less expensive homes
- Ingold, NC: less expensive homes
- Walnut Grove, OH: equally priced homes
- Walnut, NC: less expensive homes
- Houstonville, NC: less expensive homes
- Houcktown, OH: equally priced homes
- Horrell, PA: less expensive homes
- Holy Cross, WI: higher priced homes
- Wapping, MA: higher priced homes
- Water Valley, AL: less expensive homes
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