Home prices
Forest City's median home price is $95,300. This is roughly $12,060 (14%) higher compared to its nearby areas.Compared to the rest of the nation it is roughly $122,200 (56%) lower, and in comparison to the city of Ames is roughly $110,600 (53%) lower.
Rents
Forest City's median monthly rent is $579. Compared to the surrounding areas this is approximately $64 (9%) lower.It is roughly $483 (45%) lower in comparison to the rest of the nation, and is about $351 (37%) lower in comparison to the city of Ames.
Nearby places
Leland
Leland is roughly 4 miles north from Forest City. Its housing prices are somewhat less expensive. The median home in Leland costs $87,500, which comes out to $7,800 (8%) lower than Forest City. The rent there is pretty similar. The median monthly rent in Leland is $606, which is $27 (4%) higher than Forest City.
Crystal Lake
Crystal Lake is roughly 7 miles west from Forest City. Its real estate prices are significantly less expensive. Crystal Lake's median home price is $50,800, which comes out to $44,500 (87%) lower than Forest City. Rent there is a bit more expensive. In Crystal Lake the median rent is $660 per month, which is $81 (12%) higher than Forest City.
Fertile
Fertile is about 9 miles east from Forest City. Its housing prices are a bit less expensive. The price of the median home in Fertile is $83,800, which is $11,500 (13%) lower than Forest City. Rents there are fairly similar. In Fertile the median rent is $575 per month, which is very similar to Forest City.
Thompson
Thompson is roughly 9 miles northwest of Forest City. The real estate prices there are significantly less expensive. The price of the median home in Thompson is $68,300, which is $27,000 (39%) lower than Forest City. Rent there is somewhat more expensive. Thompson's median monthly rent is $689, which works out to $110 (15%) higher than Forest City.
Garner
Garner is roughly 10 miles south from Forest City. Its real estate prices are a bit more expensive. The median home cost in Garner is $125,800, which is $30,500 (24%) higher than Forest City. Its rents are a bit more expensive. The median monthly rent in Garner is $683, which works out to $104 (15%) higher than Forest City.