Home prices
The value of the median home in Forest Park is $234,100. In comparison to its nearby areas it is roughly $74,660 (24%) lower.In comparison to the country as a whole it is roughly $16,600 (7%) higher, and in comparison to the city of Chicago is approximately $23,900 (9%) lower.
Rents
Forest Park's median rent is $1,079 per month. It is is very similar compared to the surrounding areas.It is roughly $17 (1%) higher compared to the rest of the nation, and compared to the city of Chicago is about $33 (2%) lower.
Nearby places
Maywood
Maywood is Forest Park's neighbor to the northwest. The real estate prices there are substantially less expensive. Maywood's median home price is $151,300, which is $82,800 (54%) lower than Forest Park. Rent there is a bit less expensive. In Maywood the median monthly rent is $965, which works out to $114 (11%) lower than Forest Park.
North Riverside
North Riverside is Forest Park's neighbor to the south. Real estate prices there are a little more expensive. North Riverside's median home value is $249,400, which comes out to $15,300 (6%) higher than Forest Park. The rent there is fairly similar. The median monthly rent in North Riverside is $1,034, which is $45 (4%) lower than Forest Park.
Oak Park
Oak Park is Forest Park's neighbor to the northeast. Real estate prices there are significantly more expensive. The cost of the median home in Oak Park is $387,300, which works out to $153,200 (39%) higher than Forest Park. Its rents are somewhat more expensive. The median monthly rent in Oak Park is $1,175, which comes out to $96 (8%) higher than Forest Park.
River Forest
River Forest is Forest Park's neighbor to the north. Its housing prices are substantially more expensive. The median home in River Forest is valued at $596,900, which comes out to $362,800 (60%) higher than Forest Park. Rent there is a bit more expensive. River Forest's median monthly rent is $1,143, which is $64 (5%) higher than Forest Park.
Broadview
Broadview is approximately 1 mile west of Forest Park. Its real estate prices are substantially less expensive. The median home in Broadview is valued at $158,900, which works out to $75,200 (47%) lower than Forest Park. Rents there are pretty similar. In Broadview the median monthly rent is $1,069, which is very similar to Forest Park.
