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These days, finding an affordable place to live in the Forreston area can be challenging. Home prices in Forreston are now at a median cost of $159,125, lower than the Illinois average of $300,242.
The average cost of rent is $869/mo in Forreston, primarily driven by the current value of real estate in the Forreston area. In Forreston, 15.54% of households rent, and 38.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Forreston is $6,104 per month. Households that rent pay about 14.24% of their income on rent here. Forreston’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Harper, IL: higher priced homes
- Haldane, IL: higher priced homes
- Adeline, IL: equally priced homes
- Maryland, IL: higher priced homes
- Baileyville, IL: higher priced homes
- Leaf River, IL: higher priced homes
- German Valley, IL: equally priced homes
- Florence, IL: higher priced homes
- Polo, IL: less expensive homes
- Shannon, IL: higher priced homes
Cities with Similar Populations
- Hickory, LA: higher priced homes
- St. Bonaventure, NY: less expensive homes
- Leeds, ME: higher priced homes
- Julian, PA: higher priced homes
- Jeffersonville, NY: higher priced homes
- Hurley, VA: less expensive homes
- Hope, ME: higher priced homes
- Home, PA: higher priced homes
- Hollybrook, LA: less expensive homes
- Stamps, AR: less expensive homes
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