Forest Park, IL has a population of 14,127, while the median age is 40. The household income in Forest Park, IL is around $55,359. The homeownership rate among the residents is 50%. The median residential property value in Forest Park, IL that you should keep in mind is $229,600.
|Number Of Employees||7,855|
|Median Property Value||$229,600|
|Rent Price||Aug||vs Last Month|
|1 bed rentals||$1,747||+34.4%|
|2 bed rentals||$1,531||+1.3%|
|3 bed rentals||$2,400||+41.2%|
|4+ bed rentals||$3,500||+12.9%|
Over the Aug 2022, the average rent for an apartment in/near Forest Park, IL decreased by 1.6% to $1,930.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 34.4% to $1,747. Pricing for 2-bed apartment also increased by 1.3% and a place of this size will now cost you $1,531. 3-bed apartment rent pricing starts at $2,400, it increased by 41.2% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 12.9% and made it up to $3,500.
|Rent Type Price||Aug||vs Last Month|
Looking at the median rent price for an apartment in Forest Park, IL, you can note that it remains flat with a price tag of $1,650. Statistics show that house rent price decreased by 25.3% this month making it up to $1,942. Condos faced an upward trend these days. The median rent for a condo increased by 64.4%, it’s now available for $2,195. You can now rent a duplex for $1,325, duplex rent price increased by 1.9% this month.