South Forest Park 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 South Forest Park is about $1,559 per month. This puts it in the 40th percentile compared to the city average cost of rent, which is $1,538. Households in South Forest Park have a median income of $7,275 per month so the average renter in South Forest Park is spending roughly 21% of their earnings on housing.
Nationally, and in South Forest Park, home values are the data point most closely correlated with the cost of rent. The median price of a home in South Forest Park is $435,086 right now, which is higher than nearby neighborhoods, meaning that rents in South Forest Park also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the northeastern parts of South Forest Park while lower rent rates are often available in southern areas.
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