Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Lake Forest area can be challenging. Home prices in Lake Forest are now at a median cost of $813,569, lower than the Lake Oswego average of $939,253.
The average cost of rent is $2,361/mo in Lake Forest, primarily driven by the current value of real estate in the Lake Forest area. In Lake Forest, 42.12% of households rent, and 26.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake Forest is $12,249 per month. Households that rent pay about 19.27% of their income on rent here. Lake Forest’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Mt. Park, Lake Oswego, OR: equally priced homes
- Metzger, Tigard, OR: less expensive homes
- Palisades, Lake Oswego, OR: higher priced homes
- Far Southwest, Portland, OR: equally priced homes
- Stafford-Tualatin Valley, West Linn, OR: higher priced homes
- Bull Mountain, Tigard, OR: less expensive homes
- Maplewood-Ashcreek, Portland, OR: less expensive homes
- Sherwood-Tualatin South, Tualatin, OR: less expensive homes
- Greenway, Beaverton, OR: less expensive homes
- Denny Whitford, Beaverton, OR: less expensive homes
Neighborhoods with Similar Populations
- Braun Station West, San Antonio, TX: less expensive homes
- North Town Fork Creek, Kansas City, MO: less expensive homes
- Miller Park, Lynchburg, VA: less expensive homes
- Millview East, San Marcos, TX: less expensive homes
- Montlake, Seattle, WA: higher priced homes
- Mornngside, Knoxville, TN: less expensive homes
- Mount Vernon, San Bernardino, CA: less expensive homes
- Newell, Charlotte, NC: less expensive homes
- Newmarket South, Newport News, VA: less expensive homes
- North Growth Area, Fresno, CA: less expensive homes
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