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Affordable
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These days, finding an affordable place to live in the Forest area can be challenging. Home prices in Forest are now at a median cost of $166,939, lower than the North Carolina average of $323,314.
The average cost of rent is $688/mo in Forest, primarily driven by the current value of real estate in the Forest area. In Forest, 48.34% of households rent, and 78.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Forest is $5,068 per month. Households that rent pay about 13.58% of their income on rent here. Forest’s most expensive areas are in the central 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
- Bridgeton, NC: equally priced homes
- Rowes Corner, NC: equally priced homes
- Olympia, NC: less expensive homes
- New Bern, NC: higher priced homes
- Fairfield Harbour, NC: higher priced homes
- Trent Woods, NC: higher priced homes
- James City, NC: higher priced homes
- Reelsboro, NC: equally priced homes
- Ernul, NC: equally priced homes
- Cayton, NC: equally priced homes
Cities with Similar Populations
- Roy, MT: equally priced homes
- Messer, OK: equally priced homes
- Messick, IN: higher priced homes
- Michigan City, ND: less expensive homes
- Midtown, TN: higher priced homes
- Miles, WA: higher priced homes
- Millburne, WY: higher priced homes
- Milledgeville, PA: equally priced homes
- Milners Corner, IN: higher priced homes
- Milton, CA: higher priced homes
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