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Forest River

Learn about the people, housing, costs and businesses in Forest River, North Dakota

Median Home$129,200
Median Rent$1,096/month
Population101
Leading IndustriesProfessional Services · Manufacturing · Agriculture & Mining4% professional services
Home Value Growth⬆⬆+13.0% over 2 years
Retirees38% of residentstop 2% nationally
Homeowners90% of occupied units
NotableHighly Educated27% hold a bachelor's degree · top 14% nationally
NotableVeteran Community9% of residents · top 22% nationally
Forest River
ND

Frequently Asked Questions

What are today's mortgage rates in Forest River?

As of today, the 30-year fixed mortgage rate for Forest River is approximately 6.864% (6.899% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Forest River?

The median home value in Forest River is $129k. The median monthly rent is $1,096. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Forest River?

Home values in Forest River have increased 13.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Forest River?

Based on a typical all-in ownership cost of $786/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Forest River is $80k/year.

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What industries drive the economy in Forest River?

The largest employment sectors in Forest River are healthcare (14%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.