Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the River Forest area can be challenging. Home prices in River Forest are now at a median cost of $718,180, higher than the Illinois average of $300,242.
The average cost of rent is $1,807/mo in River Forest, primarily driven by the current value of real estate in the River Forest area. In River Forest, 12.31% of households rent, and 38.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in River Forest is $14,109 per month. Households that rent pay about 12.80% of their income on rent here. River Forest’s most expensive areas are in the northwestern 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
- Forest Park, IL: less expensive homes
- Oak Park, IL: less expensive homes
- Maywood, IL: less expensive homes
- Elmwood Park, IL: less expensive homes
- River Grove, IL: less expensive homes
- Hines, IL: less expensive homes
- Melrose Park, IL: less expensive homes
- Broadview, IL: less expensive homes
- Bellwood, IL: less expensive homes
- Stone Park, IL: less expensive homes
Cities with Similar Populations
- Norton, OH: less expensive homes
- New Market, AL: less expensive homes
- New Prague, MN: less expensive homes
- Newalla, OK: less expensive homes
- Newark, NY: less expensive homes
- Newaygo, MI: less expensive homes
- Newcastle, OK: less expensive homes
- Newport Coast, CA: higher priced homes
- Newport East, RI: less expensive homes
- Newport, MI: less expensive homes
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