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 $269,507, higher than the Illinois average of $242,002.
The average cost of rent is $1,196/mo in Forest Park, primarily driven by the current value of real estate in the Forest Park area. While nearly 32.53% of residents own their homes outright in Forest Park, 47.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Forest Park is $5,568 per month. Households that rent pay about 21.47% of their income on rent here. Forest Park's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Oak Park, IL: higher priced homes
- River Forest, IL: higher priced homes
- Hines, IL: less expensive homes
- Maywood, IL: less expensive homes
- North Riverside, IL: equally priced homes
- Berwyn, IL: equally priced homes
- Broadview, IL: less expensive homes
- Riverside, IL: higher priced homes
- Cicero, IL: less expensive homes
- Elmwood Park, IL: equally priced homes
Cities with Similar Populations
- Ottawa, KS: less expensive homes
- Port Washington, WI: equally priced homes
- Port Washington, NY: higher priced homes
- Port Royal, SC: equally priced homes
- Port Neches, TX: less expensive homes
- Port Lavaca, TX: less expensive homes
- Port Jervis, NY: less expensive homes
- Pontotoc, MS: less expensive homes
- Plymouth, WI: less expensive homes
- Plover, WI: less expensive homes
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