Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Forest Lakes area can be challenging. Home prices in Forest Lakes are now at a median cost of $425,814, lower than the Monument average of $506,355.
The average cost of rent is $1,452/mo in Forest Lakes, primarily driven by the current value of real estate in the Forest Lakes area. While nearly 27.65% of residents own their homes outright in Forest Lakes, 12.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Forest Lakes is $7,890 per month. Households that rent pay about 18.40% of their income on rent here. Forest Lakes's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Tri-Lakes, Woodmoor, CO: higher priced homes
- Northgate, Colorado Springs, CO: higher priced homes
- Flying Horse, Colorado Springs, CO: higher priced homes
- Black Forest, Colorado Springs, CO: higher priced homes
- Briargate, Colorado Springs, CO: equally priced homes
- Northwest Colorado Springs, Colorado Springs, CO: equally priced homes
- Fairfax, Colorado Springs, CO: less expensive homes
- Northeast Colorado Springs, Colorado Springs, CO: less expensive homes
- Stetson Hills, Colorado Springs, CO: less expensive homes
- West Colorado Springs, Colorado Springs, CO: less expensive homes
Neighborhoods with Similar Populations
- Glacier View, Everett, WA: equally priced homes
- Bridgeton, Portland, OR: less expensive homes
- Browncroft, Rochester, NY: less expensive homes
- Camp Lake, Trevor, WI: less expensive homes
- Capitol Hill, Oklahoma City, OK: less expensive homes
- Crooked River Ranch, Terrebonne, OR: less expensive homes
- Westwood, Pittsburgh, PA: less expensive homes
- West Downtown Dearborn, Dearborn, MI: less expensive homes
- West del Paso Heights, Sacramento, CA: less expensive homes
- East Hills, Pittsburgh, PA: less expensive homes
All Local Stats
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