The Most Affordable Neighborhoods in Forest City, MO by Home Value

These days, finding an affordable place to live in the Forest City area can be challenging. Home prices in Forest City are now at a median cost of $123,750, lower than the Missouri average of $246,641.

The average cost of rent is $693/mo in Forest City, primarily driven by the current value of real estate in the Forest City area. In Forest City, 24.90% of households rent, and 70.88% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Forest City is $4,564 per month. Households that rent pay about 15.19% of their income on rent here. Forest City’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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