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These days, finding an affordable place to live in the Forestburg area can be challenging. Home prices in Forestburg are now at a median cost of $181,382, lower than the South Dakota average of $268,202.
The average cost of rent is $818/mo in Forestburg, primarily driven by the current value of real estate in the Forestburg area. In Forestburg, 20.87% of households rent, and 69.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Forestburg is $7,920 per month. Households that rent pay about 10.33% of their income on rent here. Forestburg’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Artesian, SD: equally priced homes
- Woonsocket, SD: less expensive homes
- Letcher, SD: equally priced homes
- Alpena, SD: equally priced homes
- Fedora, SD: higher priced homes
- Lane, SD: equally priced homes
- Plano, SD: higher priced homes
- Cavour, SD: higher priced homes
- Morningside, SD: higher priced homes
- Storla, SD: equally priced homes
Cities with Similar Populations
- Rago, KS: less expensive homes
- Mountain Fork, AR: higher priced homes
- Mudville, LA: less expensive homes
- Munday, WV: less expensive homes
- Nashaquitsa, MA: higher priced homes
- Nashville, NY: less expensive homes
- Nebo, WV: less expensive homes
- Needmore, NC: higher priced homes
- Neelysville, OH: equally priced homes
- Nekoma, ND: less expensive homes
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