Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Forestdale area can be challenging. Home prices in Forestdale are now at a median cost of $178,458, higher than the Hammond average of $159,417.
The average cost of rent is $1,329/mo in Forestdale, primarily driven by the current value of real estate in the Forestdale area. In Forestdale, 50.67% of households rent, and 40.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Forestdale is $6,020 per month. Households that rent pay about 22.07% of their income on rent here. Forestdale’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Turner-Meyn Park, Hammond, IN: less expensive homes
- Columbia Center, Hammond, IN: less expensive homes
- South Hammond, Hammond, IN: less expensive homes
- Central Hammond, Hammond, IN: less expensive homes
- Hollywood, Munster, IN: higher priced homes
- Fairmeadow, Munster, IN: higher priced homes
- North Hammond, Hammond, IN: less expensive homes
- Brunswick, Gary, IN: less expensive homes
- Bernice, Lansing, IL: equally priced homes
- Pulaski Park, Hammond, IN: less expensive homes
Neighborhoods with Similar Populations
- West Side, Charleston, WV: less expensive homes
- Tallulah-North Shore, Jacksonville, FL: equally priced homes
- Hobart Circle Historic District, Troy, OH: higher priced homes
- Highlands, Boise, ID: higher priced homes
- Friends of Friedrich Wilderness Park, San Antonio, TX: higher priced homes
- Forest Glen, Silver Spring, MD: higher priced homes
- Wake Forest University, Winston-Salem, NC: higher priced homes
- Wallhaven, Akron, OH: equally priced homes
- Waterfront, Boston, MA: higher priced homes
- West End Park, Rockville, MD: higher priced homes
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