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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 $113,088, lower than the South Dakota average of $268,202.
The average cost of rent is $973/mo in Forest City, primarily driven by the current value of real estate in the Forest City area. In Forest City, 19.14% of households rent, and 72.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Forest City is $6,222 per month. Households that rent pay about 15.64% of their income on rent here. Forest City’s most expensive areas are in the northwestern 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
- Sanner, SD: equally priced homes
- Cattron, SD: higher priced homes
- Gettysburg, SD: equally priced homes
- North Riverside, SD: equally priced homes
- Fayette, SD: equally priced homes
- Owattonna, SD: higher priced homes
- Agar, SD: higher priced homes
- Promise, SD: equally priced homes
- La Plant, SD: equally priced homes
- South Forest City, SD: higher priced homes
Cities with Similar Populations
- West Leipsic, OH: higher priced homes
- Limekiln, PA: higher priced homes
- Lincolnville, OH: higher priced homes
- Lippe, IN: higher priced homes
- Lisbon, LA: less expensive homes
- Lisco, NE: equally priced homes
- Lisman, KY: higher priced homes
- Little Britain, PA: higher priced homes
- Little Chicago, MN: higher priced homes
- Little Creek, DE: higher priced homes
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