The Most Affordable Neighborhoods in Forest River Colony, ND by Home Value

 

Forest River Colony, ND Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Forest River Colony area can be challenging. Home prices in Forest River Colony are now at a median cost of $87,603, lower than the North Dakota average of $223,566.

The average cost of rent is $464/mo in Forest River Colony, primarily driven by the current value of real estate in the Forest River Colony area. While nearly 67.52% of residents own their homes outright in Forest River Colony, 16.70% rent.

Housing affordability isn’t just about home prices, though. The average household income in Forest River Colony is $5,571 per month. Households that rent pay about 8.32% of their income on rent here. Forest River Colony's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.


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