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City Report · OH

Forest Park

Pop. 20,025·51st most expensive in Ohio·Forest Park rents are up 10.4% over the past year
Median rent (all units)
$1,594/mo
Year-over-Year
+10.4%
Month-over-Month
+1.2%
vs US Median
-$368
Rising (Monthly)
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Most AffordableMost Expensive
Forest Park · $1,594
More affordable than 69% of US cities · National median $1,962/mo
Affordability
25% of income
AFFORDABLE
0%30% benchmark60%+

At $1,594/mo, rent takes about 25% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$64,000/yr
Local median income
$75,956/yr
Based on the 30%-of-income rule using Forest Park's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,020
1 BR
$1,140
2 BR
$1,480
3 BR
$1,960
4 BR+
$2,170
Fair Market Rent (HUD)
$1,480/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,594 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$19,128/yr
At $1,594/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.4% YoY, +1.2% MoM), not inventory.
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Demographics

Who lives here

Forest Park, OH is roughly split between renters and owners, 26.2% of residents hold a bachelor's degree or higher.

Population
20,025
Median income
$75,956
Median age
36.1
Renters
45.2%
Age distribution
23.7%
25.4%
26.5%
14.9%
Under 1823.7%
18–3425.4%
35–5426.5%
55–649.4%
65+14.9%
Gender
47%
53%
Male47%
Female53%
Race & ethnicity
21.4%
60.5%
White21.4%
Black60.5%
Hispanic10.8%
Asian3.6%
Other3.6%
Education (25+)
13%
30.4%
30.4%
26.2%
No HS diploma13%
HS diploma30.4%
Some college30.4%
Bachelor's+26.2%
Housing tenure
54.8%
45.2%
Owner54.8%
Renter45.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Forest Park, OH has changed in 5 years

Income
$58,257 → $75,956
up 30.4%
Population
19,940 → 20,025
up 0.4%
Renter share
44.6% → 45.2%
+0.6 pts
Bachelor's+
27.3% → 26.2%
-1.1 pts

Local incomes tracked alongside that move, going from a median of $58,257 in 2021 to $75,956 more recently.

Community

Discussions about Forest Park

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View Forest Park rent history (2015–2026) →
Salary vs rent

Can you afford rent in Forest Park on your salary?

At $1,594/mo, how Forest Park rent compares to typical pay (30% rule).

By apartment size

Forest Park rent by bedroom count

Median rent for each apartment size in Forest Park. Click any size for full breakdown.

Local insights

Tips for renters in Forest Park

About renting in Forest Park, OH

Last updated: August 17, 2026

The median rent in Forest Park is $1,594/mo as of August 2026. A studio apartment averages $1,020/mo while a 2-bedroom runs $1,480/mo. One-bedroom apartments average $1,140/mo and 3-bedroom units go for $1,960/mo.

At 25% of local median household income ($75,956/yr), Forest Park ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.4% over the past year.

FAQ

Frequently asked questions

Is Forest Park an affordable city for renters?

Forest Park is considered affordable for renters. At $1,594/mo, rent takes approximately 25% of the local median household income ($75,956/yr). The standard benchmark is 30%. Forest Park falls comfortably within that range.

How much income do you need to rent in Forest Park?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (~$31/hour full-time) to afford the median rent of $1,594/mo in Forest Park. The local median household income is $75,956/yr, meaning the typical Forest Park household meets that threshold.

Is rent going up or down in Forest Park?

Rent in Forest Park has increased 10.4% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Forest Park rent compare to other cities in Ohio?

Forest Park is middle-of-the-pack for Ohio for rent, ranking #51 out of 124 tracked cities at $1,594/mo.

Which nearby cities are cheaper to rent in than Forest Park?

Several nearby cities have lower median rents than Forest Park ($1,594/mo): Mount Healthy ($1,259/mo), Fairfield ($1,306/mo), Groesbeck ($1,333/mo).

What percentage of Forest Park residents rent vs. own?

According to Census data, approximately 45.2% of Forest Park households are renters, while 54.8% are owner-occupied. Forest Park leans toward homeownership, which can mean a smaller rental inventory.

How does Forest Park rent compare to the national average?

Forest Park's median rent of $1,594/mo is $368 (19%) below the US national median of $1,962/mo. Within Ohio, it ranks #51 out of 124 tracked cities.
Income Affordability
25%
AFFORDABLE

At $1,594/mo, rent takes ~25% of Forest Park's median household income ($75,956/yr). The standard benchmark is 30%.

Forest Park 25%Benchmark 30%
State income tax2.75–3.5%
Run the Forest Park affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Forest Park, OH

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