States › Florida › Forest City

Is Forest City, FL expensive to live in?

OKRent takes 28 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,13021% higher than U.S. average
💵 Families earn per year (2026)$92,326about $7,694/month · 6% higher than U.S. average
🔑 House price$369,90011% higher than U.S. average

Rent is higher than in 74% of U.S. cities. A typical house costs about 4.0 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $85,200 a year. That is $41 an hour at a full-time job.

Is rent cheaper than other Florida cities?

No. Rent here is more expensive than in most of Florida. It is number 299 of 479 cities from cheapest to most expensive.

Forest City
$2,130
$1,456
$1,948
$2,850

How much do households earn in Forest City?

Under $25k
8.4%
$25k–50k
19.1%
$50k–100k
40.7%
$100k–150k
11.8%
$150k+
16.9%

Share of households by yearly income. 28.7% of households earn $100,000 or more.

Rent by apartment size in Forest City

SizeForest CityU.S. average
1 bedroom$1,878$1,324
2 bedrooms$1,845$1,509
3 bedrooms$2,043$1,698
4 bedrooms$1,831$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Forest City overall?

Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing
122
Goods (food, clothes…)
98
Utilities
90
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Forest City, so the Florida figure is shown.

Taxes and bills in Forest City

🏛️ Property tax$2,613a year · 0.71% of home value · U.S. $3,119
⚡ Electric bill$193a month (typical) · U.S. $156

Life in Forest City

Commute to work27.3 minU.S.: 26.4 min
College degree39.4%U.S.: 35.7%
Own their home62%U.S.: 65.2%
Below poverty line9.5%U.S.: 12.5%
Unemployment3.9%U.S.: 5.2%

Is it cheaper to rent or buy in Forest City?

Renting is cheaper right now: about $437 a month less.

Renting
$2,130
Owning
$2,567

Owning assumes a typical $369,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $36,990 for the down payment.

Frequently asked questions

What is the average rent in Forest City, FL?

Renting in Forest City costs a median of about $2,130 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Forest City?

To keep rent under 30% of income, you need about $85,200 a year, or $41 an hour at a full-time job.

Is Forest City cheap or expensive?

Forest City is rated OK: rent takes 27.7% of the typical household income of $92,326. It ranks 299th cheapest of 479 Florida cities we track.

How much are property taxes in Forest City?

The median homeowner in Forest City pays $2,613 a year in property taxes, about 0.71% of the median home value.

Is Forest City more expensive than the national average?

Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Forest City?

The median home value in Forest City is $369,900, about 4.0 times the typical yearly household income.

15,312 people live in Forest City. Numbers are typical (middle) values.