Home prices
The price of the median home in Forest Grove is $319,200. It is approximately $18,800 (6%) higher compared to its surrounding areas.It is approximately $101,700 (46%) higher in comparison to the rest of the country, and compared to the city of Portland it is approximately $92,800 (22%) lower.
Rents
The median monthly rent in Forest Grove is $1,081. It is roughly $59 (5%) lower in comparison to other places in this area.It is about $19 (1%) higher compared to the rest of the country, and compared to the city of Portland is about $167 (13%) lower.
Nearby places
Cornelius
Cornelius is Forest Grove's neighbor to the east. Its housing prices are somewhat less expensive. The median home in Cornelius costs $263,000, which is $56,200 (21%) lower than Forest Grove. Rent there is fairly similar. In Cornelius the median rent is $1,102 per month, which works out to $21 (1%) higher than Forest Grove.
Banks
Banks is approximately 5 miles north from Forest Grove. The real estate prices there are a little less expensive. The median home in Banks is valued at $300,900, which is $18,300 (6%) lower than Forest Grove. Rents there are somewhat more expensive. The median monthly rent in Banks is $1,239, which comes out to $158 (12%) higher than Forest Grove.
Gaston
Gaston is about 5 miles south of Forest Grove. The housing prices there are substantially less expensive. The median home value in Gaston is $237,000, which comes out to $82,200 (34%) lower than Forest Grove. Rent there is a lot less expensive. In Gaston the median rent is $792 per month, which comes out to $289 (36%) lower than Forest Grove.
North Plains
North Plains is about 6 miles northeast of Forest Grove. The real estate prices there are a little more expensive. The cost of the median home in North Plains is $358,600, which works out to $39,400 (10%) higher than Forest Grove. Rents there are fairly similar. The median rent in North Plains is $1,112 a month, which is $31 (2%) higher than Forest Grove.
Hillsboro
Hillsboro is about 7 miles east from Forest Grove. Real estate prices there are a little more expensive. The median home in Hillsboro is valued at $342,500, which is $23,300 (6%) higher than Forest Grove. The rent there is a bit more expensive. The median rent in Hillsboro is $1,453 per month, which comes out to $372 (25%) higher than Forest Grove.