Forrest, IL Real Estate

According to census data in the year 2000 there were 504 housing units in Forrest. This represents a 9.8% growth from 459 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 504 were located in what is classified as a rural area.

Homeownership rate in Forrest is about 73.8%. Forrest's vacancy rate, including seasonal lodging, is about 6.9%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Forrest were built after 1950.


Housing Size

Housing Units by Size
Studio Type2.20%
One Bedroom7.50%
Two Bedrooms36.10%
Three Bedrooms41.10%
Four Bedrooms10.70%
Five Bedrooms or more2.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1948
Median Value of occupied units$71,600
Median Price asked for vacant units$19,000

Rented Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1963
Median Monthly Rent asked for vacant units$313

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.10%
Home Equity Loan1.80%
Simple Mortgage52%
Debt Free38.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14%