Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Forest Park area can be challenging. Home prices in Forest Park are now at a median cost of $323,504, higher than the Birmingham average of $216,642.
The average cost of rent is $916/mo in Forest Park, primarily driven by the current value of real estate in the Forest Park area. While nearly 29.76% of residents own their homes outright in Forest Park, 54.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in Forest Park is $6,359 per month. Households that rent pay about 14.40% of their income on rent here. Forest Park's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Highland Park, Birmingham, AL: equally priced homes
- Southside, Birmingham, AL: equally priced homes
- Redmont Park, Birmingham, AL: higher priced homes
- Crestline, Birmingham, AL: higher priced homes
- Norwood, Birmingham, AL: less expensive homes
- Five Points South, Birmingham, AL: less expensive homes
- Glen Iris, Birmingham, AL: less expensive homes
- South East Lake, Birmingham, AL: less expensive homes
- Arlington, Birmingham, AL: less expensive homes
- Crossgate, Vestavia Hills, AL: equally priced homes
Neighborhoods with Similar Populations
- Doylestown Historic District, Doylestown, PA: higher priced homes
- Loma Linda, San Jose, CA: higher priced homes
- Verplanck, Manchester, CT: less expensive homes
- Trinity Park, Durham, NC: higher priced homes
- Tall Grass, Naperville, IL: higher priced homes
- Southdale, Edina, MN: less expensive homes
- Mohican Regent, Detroit, MI: less expensive homes
- Gorgas, Mobile, AL: less expensive homes
- Fry Springs, Charlottesville, VA: higher priced homes
- Fisher-Mill Plain-Fisher's Village, Vancouver, WA: higher priced homes
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