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 $154,298, lower than the North Dakota average of $273,535.

The average cost of rent is $518/mo in Forest River Colony, primarily driven by the current value of real estate in the Forest River Colony area. In Forest River Colony, 11.38% of households rent, and 60.00% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Forest River Colony is $7,471 per month. Households that rent pay about 6.94% of their income on rent here. Forest River Colony’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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