Forest renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Forest is about $965 per month. This puts it in the 24th percentile compared to the city average cost of rent, which is $951. Households in Forest have a median income of $4,054 per month so the average renter in Forest is spending roughly 24% of their earnings on housing.
Nationally, and in Forest, home values are the data point most closely correlated with the cost of rent. The median price of a home in Forest is $172,714 right now, which is lower than nearby neighborhoods, meaning that rents in Forest also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southeastern parts of Forest while lower rent rates are often available in northern areas.
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