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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 $194,450, lower than the Pennsylvania average of $288,156.
The average cost of rent is $800/mo in Forest Park, primarily driven by the current value of real estate in the Forest Park area. In Forest Park, 7.05% of households rent, and 48.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Forest Park is $6,053 per month. Households that rent pay about 13.22% of their income on rent here. Forest Park’s most expensive areas are in the northeastern 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
- Bear Creek Village, PA: higher priced homes
- Laurel Run, PA: less expensive homes
- Fox Hill, PA: less expensive homes
- Bear Creek, PA: higher priced homes
- Penobscot, PA: equally priced homes
- Westminster, PA: less expensive homes
- Wilkes-Barre, PA: less expensive homes
- Ashley, PA: less expensive homes
- Plains, PA: less expensive homes
- Laflin, PA: higher priced homes
Cities with Similar Populations
- Hazel Run, MO: higher priced homes
- Seneca, VA: less expensive homes
- Jefferson, AL: less expensive homes
- Idledale, CO: higher priced homes
- Huntersville, WV: less expensive homes
- Hume, MO: equally priced homes
- Hood, CA: higher priced homes
- Holbrook, NE: less expensive homes
- Hindsboro, IL: less expensive homes
- Henrietta, TN: higher priced homes
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