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These days, finding an affordable place to live in the Forsyth area can be challenging. Home prices in Forsyth are now at a median cost of $292,757, lower than the Illinois average of $300,242.
The average cost of rent is $858/mo in Forsyth, primarily driven by the current value of real estate in the Forsyth area. In Forsyth, 12.23% of households rent, and 47.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Forsyth is $11,215 per month. Households that rent pay about 7.65% of their income on rent here. Forsyth’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Warrensburg, IL: less expensive homes
- Decatur, IL: less expensive homes
- Oreana, IL: less expensive homes
- Maroa, IL: less expensive homes
- Harristown, IL: less expensive homes
- Argenta, IL: less expensive homes
- Oakley, IL: less expensive homes
- Newburg, IL: less expensive homes
- Long Creek, IL: less expensive homes
- Elwin, IL: less expensive homes
Cities with Similar Populations
- Avalon, CA: higher priced homes
- Locust Valley, NY: higher priced homes
- Marshalls Creek, PA: equally priced homes
- Brodhead, KY: less expensive homes
- Brownsville, KY: less expensive homes
- Thorndale, PA: higher priced homes
- Center Point, IA: less expensive homes
- Clarksville, VA: equally priced homes
- Evans Mills, NY: less expensive homes
- White Post, VA: higher priced homes
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