Rent is higher than in 56% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $71,000 a year. That is $34 an hour at a full-time job.
Is rent cheaper than other Ohio cities?
No. Rent here is more expensive than in most of Ohio. It is number 243 of 288 cities from cheapest to most expensive.
How much do households earn in Forest Park?
Share of households by yearly income. 18.1% of households earn $100,000 or more.
Rent by apartment size in Forest Park
| Size | Forest Park | U.S. average |
|---|---|---|
| 1 bedroom | $1,111 | $1,324 |
| 2 bedrooms | $1,465 | $1,509 |
| 3 bedrooms | $1,871 | $1,698 |
| 4 bedrooms | $1,924 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Forest Park overall?
Everyday prices in Ohio overall are 7% below the U.S. average (index 92.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Forest Park, so the Ohio figure is shown.
Taxes and bills in Forest Park
Life in Forest Park
Is it cheaper to rent or buy in Forest Park?
Buying is cheaper month to month: about $454 a month less than renting.
Owning assumes a typical $190,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $19,040 for the down payment.
Frequently asked questions
What is the average rent in Forest Park, OH?
Renting in Forest Park costs a median of about $1,775 a month in 2026, including utilities. The Ohio median is $1,261.
How much do I need to make to live in Forest Park?
To keep rent under 30% of income, you need about $71,000 a year, or $34 an hour at a full-time job.
Is Forest Park cheap or expensive?
Forest Park is rated OK: rent takes 26.0% of the typical household income of $81,919. It ranks 243rd cheapest of 288 Ohio cities we track.
How much are property taxes in Forest Park?
The median homeowner in Forest Park pays $2,988 a year in property taxes, about 1.57% of the median home value.
Is Forest Park more expensive than the national average?
Overall prices in Ohio are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Forest Park?
The median home value in Forest Park is $190,400, about 2.3 times the typical yearly household income.
20,025 people live in Forest Park. Numbers are typical (middle) values.