Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Forrest City area can be challenging. Home prices in Forrest City are now at a median cost of $76,805, lower than the Arkansas average of $160,541.
The average cost of rent is $741/mo in Forrest City, primarily driven by the current value of real estate in the Forrest City area. While nearly 52.11% of residents own their homes outright in Forrest City, 49.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in Forrest City is $2,921 per month. Households that rent pay about 25.36% of their income on rent here. Forrest City's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Madison, AR: less expensive homes
- Caldwell, AR: higher priced homes
- Haynes, AR: less expensive homes
- Widener, AR: less expensive homes
- Palestine, AR: less expensive homes
- Meadow Cliff, AR: higher priced homes
- Colt, AR: higher priced homes
- Slonikers Mill, AR: less expensive homes
- Newcastle, AR: equally priced homes
- Hicks Station, AR: less expensive homes
Cities with Similar Populations
- Marshall, MO: higher priced homes
- Pacific Grove, CA: higher priced homes
- Orland, CA: higher priced homes
- Ocean Acres, NJ: higher priced homes
- North Bend, WA: higher priced homes
- Neabsco, VA: higher priced homes
- Millersburg, OH: higher priced homes
- Midlothian, IL: higher priced homes
- Midland, GA: higher priced homes
- Melissa, TX: higher priced homes
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