Similar to its surrounding areas, it's somewhat less expensive compared to the entire country. Compared to the city of Wilmington, it is a bit less expensive.
Home prices
The price of the median home in Forestbrook is $194,700. In comparison to its nearby areas this is is very similar.It is about $22,800 (10%) lower compared to the country as a whole, and compared to the city of Wilmington is about $51,700 (20%) lower.
Rents
The median monthly rent in Forestbrook is $965. This is roughly $31 (3%) higher compared to its nearby areas.It is roughly $97 (9%) lower in comparison to the United States as a whole, and compared to the city of Wilmington is roughly $33 (3%) lower.
Nearby places
Socastee
Socastee is approximately 3 miles southwest from Forestbrook. Real estate prices there are a little less expensive. The median home in Socastee is valued at $165,400, which works out to $29,300 (17%) lower than Forestbrook. Rents there are fairly similar. The median rent in Socastee is $975 a month, which comes out to $10 (1%) higher than Forestbrook.
Myrtle Beach
Myrtle Beach is roughly 4 miles east of Forestbrook. Its housing prices are a little more expensive. The median home cost in Myrtle Beach is $216,100, which works out to $21,400 (9%) higher than Forestbrook. Rent there is a little less expensive. In Myrtle Beach the median rent is $913 a month, which comes out to $52 (5%) lower than Forestbrook.
Red Hill
Red Hill is roughly 4 miles northwest of Forestbrook. The housing prices there are a bit less expensive. Red Hill's median home price is $167,900, which works out to $26,800 (15%) lower than Forestbrook. Its rents are a little less expensive. In Red Hill the median rent is $916 a month, which is $49 (5%) lower than Forestbrook.
Surfside Beach
Surfside Beach is roughly 8 miles south of Forestbrook. The housing prices there are a bit more expensive. The value of the median home in Surfside Beach is $266,600, which works out to $71,900 (26%) higher than Forestbrook. Rent there is a little more expensive. The median monthly rent in Surfside Beach is $1,040, which comes out to $75 (7%) higher than Forestbrook.
Conway
Conway is about 9 miles northwest of Forestbrook. Its real estate prices are somewhat less expensive. The median home price in Conway is $155,000, which comes out to $39,700 (25%) lower than Forestbrook. The rent there is somewhat less expensive. Conway's median monthly rent is $825, which is $140 (16%) lower than Forestbrook.
