Most Affordable Neighborhoods in Forest Grove - 2026 Data
The median home value in Forest Grove is $438,500, 56% above nat'l avg. Median rent is $719/month. With an affordability index of 89, Forest Grove is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Forest Grove, OR area.
Key Takeaways: Affordability in Forest Grove
- 1The most affordable neighborhood in Forest Grove is Independence, with a median home value of $302,300.
- 2Forest Grove's median home value is $438,500, 56% above nat'l avg (national: $281,900).
- 3Forest Grove's affordability index is 89 (baseline 100), making it less affordable than the national average.
- 4Median rent in Forest Grove is $719/month, 38% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Forest Grove to find the most affordable areas based on home values, rent, and affordability index.
Forest Grove Affordability Overview
Median Home Value
$438,500
56% above nat'l avg
Median Rent
$719/mo
38% below nat'l avg
Median Income
$77,977
5% above nat'l avg
Affordability Index
89
11% below nat'l avg
Most Affordable Neighborhoods in Forest Grove (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | IndependenceOR | $302,300 |
| 2 | Lake OswegoOR | $825,000 |
| 3 | MonmouthOR | $343,900 |
| 4 | SilvertonOR | $406,000 |
| 5 | TigardOR | $525,100 |
| 6 | GreshamOR | $411,700 |
| 7 | HillsboroOR | $452,300 |
| 8 | CorneliusOR | $379,400 |
| 9 | SandyOR | $435,100 |
| 10 | SpringfieldOR | $293,200 |
| 11 | OntarioOR | $174,900 |
| 12 | CorvallisOR | $436,000 |
| 13 | AlbanyOR | $321,600 |
| 14 | NewportOR | $373,400 |
| 15 | TualatinOR | $548,900 |