Forrest City 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 Forrest City is about $741 per month. This puts it in the 69th percentile compared to the state average cost of rent, which is $847. Households in Forrest City have a median income of $2,921 per month so the average renter in Forrest City is spending roughly 25% of their earnings on housing.
Nationally, and in Forrest City, home values are the data point most closely correlated with the cost of rent. The median price of a home in Forrest City is $76,805 right now, which is lower than nearby cities, meaning that rents in Forrest City also tend to be lower versus these nearby cities.
Higher rent prices are common in the southwestern parts of Forrest City while lower rent rates are often available in western areas.
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