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Forest Park, IL

Full City Profile · Illinois · Cook County County

3.8 /5.0
B+ Good
14,000 Population 5,833/sq mi density
$81,323 Median Income $55,165 per capita
$293,800 Home Value $269,282 Zillow
$1,352 Median Rent 26.3% income on rent
52°F Avg Temperature 275 sunny days/yr
436 Violent Crime/100K 4,149 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$81,323 median income, 3.5% unemployment
A+
Affordability
4.6 / 5.0
$293,800 home value, $1,352/mo rent
F
Safety
1.0 / 5.0
436 violent crimes/100K (15% above avg)
A+
Education
5.0 / 5.0
49.8% bachelor's degree or higher

Housing Overview

Median Home Value
$293,800
4% above
US avg: $281,900
Median Rent
$1,352/mo
16% above
US avg: $1,163/mo
Homeownership Rate
53.6%
18% below US avg (65.4%)
Total Housing Units
8,094
Median year built: 1953

Home Value by Source

Census Median
$293,800
Zillow (ZHVI)
$269,282
Median Sale Price
$375,000
Median List Price
$324,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

53.6%
Owner-Occupied
46.4%
Renter-Occupied
54%
46%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,352/mo · Zillow rent: $1,633/mo

Market Indicators (Redfin)

Median Days on Market
68 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
15
Price Drops
12.2%
of listings with price reduction
Price Per Sq Ft
$243
Active Inventory
49
homes for sale

Affordability & Housing Stock

Rent Burden
26.3%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
53.6%

Complete Housing Data

Home Values

Census Median Value$293,800
Zillow Home Value (ZHVI)$269,282
Median Sale Price$375,000
Median List Price$324,500
Price Per Sq Ft$243

Rent

Census Median Rent$1,352
Zillow Rent (ZORI)$1,633
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market68
Sale-to-List Ratio1.0%
Price Drops12.2%
Homes Sold15
Active Inventory49
Price Per Sq Ft$243

Ownership & Stock

Owner-Occupied53.6%
Renter-Occupied46.4%
Homeownership Rate53.6%
Total Housing Units8,094
Median Year Built1953
Rent Burden26.3%