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These days, finding an affordable place to live in the Forman area can be challenging. Home prices in Forman are now at a median cost of $159,196, lower than the North Dakota average of $273,535.
The average cost of rent is $755/mo in Forman, primarily driven by the current value of real estate in the Forman area. In Forman, 28.53% of households rent, and 58.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Forman is $7,044 per month. Households that rent pay about 10.72% of their income on rent here. Forman’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cayuga, ND: equally priced homes
- Rutland, ND: less expensive homes
- Cogswell, ND: equally priced homes
- Gwinner, ND: higher priced homes
- Havana, ND: less expensive homes
- Stirum, ND: higher priced homes
- Milnor, ND: equally priced homes
- Straubville, ND: less expensive homes
- Newark, SD: equally priced homes
- Kidder, SD: equally priced homes
Cities with Similar Populations
- Scotts Corners, NY: higher priced homes
- Highgate Springs, VT: higher priced homes
- Kent, AL: higher priced homes
- Kilkenny, MN: higher priced homes
- Kingscreek, OH: higher priced homes
- Kiron, IA: equally priced homes
- Lanier, GA: higher priced homes
- Lewis, CO: higher priced homes
- Lindell, NC: less expensive homes
- Linwood, NY: higher priced homes
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