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Forest Lakes, AZ
Full City Profile · Arizona · Gila County County
3.7
/5.0
B+
Good
217
Population
21/sq mi density
$85,242
Median Income
$69,095 per capita
$412,500
Home Value
$541,584 Zillow
50°F
Avg Temperature
330 sunny days/yr
361
Violent Crime/100K
2,468 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$85,242 median income, 0.0% unemployment
B+
Affordability
3.9 / 5.0
$412,500 home value, /mo rent
F
Safety
1.0 / 5.0
361 violent crimes/100K
A+
Education
5.0 / 5.0
54.4% bachelor's degree or higher
Housing Overview
Median Home Value
$412,500
46% above
US avg: $281,900
Homeownership Rate
91.2%
39% above US avg (65.4%)
Total Housing Units
1,009
Median year built: 1989
Home Value by Source
Census Median
$412,500
Zillow (ZHVI)
$541,584
Median Sale Price
$399,900
Median List Price
$1,150,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
91.2%
Owner-Occupied
8.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,053/mo
1 Bedroom
$1,151/mo
2 Bedroom
$1,419/mo
3 Bedroom
$1,889/mo
4 Bedroom
$2,158/mo
Market Indicators (Redfin)
Median Days on Market
25 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$397
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
27.9%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
91.2%
Complete Housing Data
Home Values
| Census Median Value | $412,500 |
| Zillow Home Value (ZHVI) | $541,584 |
| Median Sale Price | $399,900 |
| Median List Price | $1,150,000 |
| Price Per Sq Ft | $397 |
Rent
| FMR Studio | $1,053 |
| FMR 1-Bedroom | $1,151 |
| FMR 2-Bedroom | $1,419 |
| FMR 3-Bedroom | $1,889 |
| FMR 4-Bedroom | $2,158 |
Market
| Days on Market | 25 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 1 |
| Active Inventory | 5 |
| Price Per Sq Ft | $397 |
Ownership & Stock
| Owner-Occupied | 91.2% |
| Renter-Occupied | 8.8% |
| Homeownership Rate | 91.2% |
| Total Housing Units | 1,009 |
| Median Year Built | 1989 |
| Rent Burden | 27.9% |