salaryRent is lower than in 71% of U.S. cities. A typical house costs about 4.6 years of household income. Commutes are short, about 14.3 minutes. It is a highly educated city: 77.4% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $50,880 a year. That is $24 an hour at a full-time job.
Is rent cheaper than other Pennsylvania cities?
Yes. Rent here is cheaper than in most of Pennsylvania. It is number 112 of 269 cities from cheapest to most expensive.
How much do households earn in Park Forest Village?
Share of households by yearly income. 33.3% of households earn $100,000 or more.
Rent by apartment size in Park Forest Village
| Size | Park Forest Village | U.S. average |
|---|---|---|
| Studio | $1,925 | $1,338 |
| 2 bedrooms | $1,512 | $1,509 |
| 3 bedrooms | $1,774 | $1,698 |
| 4 bedrooms | $2,087 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Park Forest Village overall?
Everyday prices in Pennsylvania overall are 2% below the U.S. average (index 97.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Park Forest Village, so the Pennsylvania figure is shown.
Taxes and bills in Park Forest Village
Life in Park Forest Village
Is it cheaper to rent or buy in Park Forest Village?
Renting is cheaper right now: about $1,431 a month less.
Owning assumes a typical $389,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $38,960 for the down payment.
Frequently asked questions
What is the average rent in Park Forest Village, PA?
Renting in Park Forest Village costs a median of about $1,272 a month in 2026, including utilities. The Pennsylvania median is $1,367.
How much do I need to make to live in Park Forest Village?
To keep rent under 30% of income, you need about $50,880 a year, or $24 an hour at a full-time job.
Is Park Forest Village cheap or expensive?
Park Forest Village is rated Cheap: rent takes 17.9% of the typical household income of $85,331. It ranks 112th cheapest of 269 Pennsylvania cities we track.
How much are property taxes in Park Forest Village?
The median homeowner in Park Forest Village pays $4,592 a year in property taxes, about 1.18% of the median home value.
Is Park Forest Village more expensive than the national average?
Overall prices in Pennsylvania are 2% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Park Forest Village?
The median home value in Park Forest Village is $389,600, about 4.6 times the typical yearly household income.
8,624 people live in Park Forest Village. Numbers are typical (middle) values.