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Affordable
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These days, finding an affordable place to live in the Park Forest Village area can be challenging. Home prices in Park Forest Village are now at a median cost of $413,363, higher than the Pennsylvania average of $288,156.
The average cost of rent is $1,256/mo in Park Forest Village, primarily driven by the current value of real estate in the Park Forest Village area. In Park Forest Village, 44.22% of households rent, and 31.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Park Forest Village is $8,002 per month. Households that rent pay about 15.70% of their income on rent here. Park Forest Village’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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