Similar to its nearby areas, it's significantly less expensive compared to the entire country. It's significantly less expensive compared to the city of Kansas City.
Home prices
The price of the median home in Forest City is $69,100. In comparison to other places in this area it is roughly $1,620 (2%) lower.It is approximately $148,400 (68%) lower compared to the United States as a whole, and it is about $85,500 (55%) lower compared to the city of Kansas City.
Rents
The median rent in Forest City is $455 a month. It is roughly $68 (13%) lower compared to nearby areas.Compared to the rest of the country it is approximately $607 (57%) lower, and compared to the city of Kansas City it is approximately $486 (51%) lower.
Nearby places
Oregon
Oregon is roughly 2 miles east of Forest City. The housing prices there are somewhat more expensive. The median home value in Oregon is $78,800, which works out to $9,700 (12%) higher than Forest City. The rent there is a little more expensive. Oregon's median monthly rent is $612, which works out to $157 (25%) higher than Forest City.
White Cloud
White Cloud is approximately 5 miles west from Forest City. Housing prices there are a little less expensive. The median home value in White Cloud is $57,000, which works out to $12,100 (21%) lower than Forest City. Rent there is a bit less expensive. The median rent in White Cloud is $398 a month, which is $57 (14%) lower than Forest City.
Highland
Highland is about 9 miles southwest of Forest City. Its housing prices are a little more expensive. The median home in Highland is valued at $77,100, which is $8,000 (10%) higher than Forest City. Rent there is a bit more expensive. Highland's median monthly rent is $537, which is $82 (15%) higher than Forest City.
Fillmore
Fillmore is roughly 10 miles east of Forest City. Its real estate prices are a little less expensive. The median home in Fillmore costs $55,000, which comes out to $14,100 (25%) lower than Forest City. Its rents are somewhat more expensive. In Fillmore the median monthly rent is $621, which comes out to $166 (26%) higher than Forest City.
Mound City
Mound City is approximately 10 miles north of Forest City. The real estate prices there are somewhat more expensive. The median home price in Mound City is $85,700, which comes out to $16,600 (19%) higher than Forest City. Its rents are pretty similar. In Mound City the median rent is $448 per month, which is $7 (1%) lower than Forest City.