Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Forest Home area can be challenging. Home prices in Forest Home are now at a median cost of $99,025, lower than the Alabama average of $185,232.
The average cost of rent is $463/mo in Forest Home, primarily driven by the current value of real estate in the Forest Home area. While nearly 58.07% of residents own their homes outright in Forest Home, 17.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Forest Home is $4,014 per month. Households that rent pay about 11.53% of their income on rent here. Forest Home's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Monterey, AL: less expensive homes
- Shacklesville, AL: higher priced homes
- Manningham, AL: less expensive homes
- Awin, AL: less expensive homes
- Reddock Springs, AL: higher priced homes
- Pine Apple, AL: less expensive homes
- Furman, AL: less expensive homes
- Bolling, AL: less expensive homes
- Greenville, AL: higher priced homes
- McWilliams, AL: less expensive homes
Cities with Similar Populations
- Lewis Store, TN: higher priced homes
- Sprague, AL: higher priced homes
- Spelterville, IN: higher priced homes
- Southwest Oswego, NY: higher priced homes
- South Lincoln, VT: higher priced homes
- Smithfield, NE: higher priced homes
- Slemp, KY: less expensive homes
- Low Hampton, NY: higher priced homes
- Lookeba, OK: higher priced homes
- Logtown, NY: higher priced homes
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