
Affordable
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These days, finding an affordable place to live in the Forest area can be challenging. Home prices in Forest are now at a median cost of $376,137, lower than the Virginia average of $443,089.
The average cost of rent is $1,182/mo in Forest, primarily driven by the current value of real estate in the Forest area. In Forest, 18.77% of households rent, and 35.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Forest is $7,710 per month. Households that rent pay about 15.33% of their income on rent here. Forest’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Timberlake, VA: less expensive homes
- Goode, VA: equally priced homes
- Lynchburg, VA: less expensive homes
- Evington, VA: less expensive homes
- Charlemont, VA: less expensive homes
- Lowry, VA: less expensive homes
- Otter Hill, VA: equally priced homes
- Coleman Falls, VA: equally priced homes
- Waugh, VA: equally priced homes
- East Brook, VA: less expensive homes
Cities with Similar Populations
- Port Hueneme, CA: higher priced homes
- Hudson, NH: higher priced homes
- Huntington, IN: less expensive homes
- Imperial, CA: equally priced homes
- Jasper, GA: equally priced homes
- Jesup, GA: less expensive homes
- Johns Island, SC: higher priced homes
- Joshua, TX: less expensive homes
- Juneau, AK: higher priced homes
- Kaukauna, WI: less expensive homes
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