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Learn about the people, housing, costs and businesses in Forrest, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Forrest.
True all-in cost — P&I, taxes, insurance & utilities for homes in Forrest.
Find and compare lenders active near Forrest.
FEMA flood zones and flood insurance estimates for Forrest.
Seismic risk and earthquake insurance estimates for Forrest.
Wildfire exposure and insurance estimates for Forrest.
As of today, the 30-year fixed mortgage rate for Forrest is approximately 6.957% (6.968% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for ForrestThe median home value in Forrest is $138k. The median monthly rent is $733. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Forrest have increased 11.2% 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.
Based on a typical all-in ownership cost of $870/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Forrest is $83k/year.
Calculate your buying powerThe largest employment sectors in Forrest are public administration (24%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.