Home prices
The median home value in Forrest is $94,100. In comparison to the surrounding areas it is approximately $15,840 (20%) higher.It is about $123,400 (56%) lower compared to the US as a whole, and compared to the city of Chicago is about $163,900 (63%) lower.
Rents
In Forrest the median monthly rent is $625. In comparison to its surrounding areas this is roughly $70 (10%) lower.In comparison to the entire country it is approximately $437 (41%) lower, and compared to the city of Chicago is about $487 (43%) lower.
Nearby places
Fairbury
Fairbury is about 4 miles west of Forrest. The real estate prices there are a bit more expensive. The median home price in Fairbury is $105,600, which works out to $11,500 (10%) higher than Forrest. Rents there are a little more expensive. Fairbury's median monthly rent is $698, which comes out to $73 (10%) higher than Forrest.
Chatsworth
Chatsworth is roughly 5 miles east from Forrest. Its real estate prices are substantially less expensive. Chatsworth's median home price is $65,300, which comes out to $28,800 (44%) lower than Forrest. Rents there are a bit less expensive. Chatsworth's median monthly rent is $550, which is $75 (13%) lower than Forrest.
Saunemin
Saunemin is roughly 9 miles north of Forrest. The real estate prices there are a bit less expensive. The median home in Saunemin is valued at $76,900, which is $17,200 (22%) lower than Forrest. Rent there is somewhat more expensive. The median rent in Saunemin is $817 per month, which comes out to $192 (23%) higher than Forrest.
Piper City
Piper City is about 9 miles east from Forrest. The real estate prices there are a little less expensive. The cost of the median home in Piper City is $72,000, which comes out to $22,100 (30%) lower than Forrest. Its rents are a little more expensive. In Piper City the median rent is $740 per month, which works out to $115 (15%) higher than Forrest.
Cullom
Cullom is approximately 10 miles northeast of Forrest. Housing prices there are a bit less expensive. The median home in Cullom costs $71,500, which comes out to $22,600 (31%) lower than Forrest. Rent there is a little more expensive. Cullom's median monthly rent is $672, which works out to $47 (6%) higher than Forrest.