Housing in Forest City, IA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$173,433
Forest City vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Forest City is highlighted.
Median Home Value
36th%ilemost expensive$136,400show rank
Median Rent
19th%ilemost expensive rent$719show rank
Rent Burden
16th%ilehighest rent burden13.7%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$136,400
Median Rent
$719
Total Housing Units
1,780
Vacancy Rate
12.1%
Owner Occupied
72.3%
Renter Occupied
27.7%
Median Property Tax
$2,363
per year
Monthly Cost (w/ Mortgage)
$940
Housing Types
Single Family75.5%
Multi-Family19.3%
Mobile Home5.3%
The median home value in Forest City, IA is $136,400. According to Zillow, the home value index for Forest City is $173,433. The median rent is $719 per month (Census ACS). About 72.3% of housing units are owner-occupied. The median year homes were built is 1968. There are 1,780 total housing units.