How much do homeowners pay a month in Forest Park, OK?
Homeowners with a mortgage in Forest Park, OK pay a median of $1,917 (±$99) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $786 (±$67).
56.4% of owned homes carry a mortgage.
In Forest Park, the median monthly cost with a mortgage went from $1,560 in 2015–2019 to $1,917 in 2020–2024 (+22.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $1,917 (±$99)
- Without a mortgage
- $786 (±$67)
- Owned with a mortgage
- 56.4%
Monthly owner costs in Forest Park
| Forest Park | Oklahoma County | Oklahoma | United States | |
|---|---|---|---|---|
| With a mortgage | $1,917 (±$99) | $1,678 (±$18) | $1,539 (±$7) | $1,963 |
| Without a mortgage | $786 (±$67) | $601 (±$9) | $519 (±$3) | $638 |
| Owned homes with a mortgage | 56.4% (±11.7 points) | 59.3% (±1.0 points) | 53.7% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $2,526 (±$331) | $2,155 (±$42) | $1,599 (±$11) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Forest Park, the median cost with a mortgage is higher than in Oklahoma County ($1,678).
It is also higher than in Oklahoma ($1,539).
It is not measurably different from the national figure ($1,963).
In Oklahoma County, Forest Park ranks 4 of 20 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 15 of 537.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Forest Park have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,560 (±$168) | $1,917 (±$99) | +22.9% | No measurable change after inflation |
| Median real estate taxes | $2,151 (±$346) | $2,526 (±$331) | +17.4% | No measurable change after inflation |
| Median home value | $222,700 (±$54,340) | $289,000 (±$31,585) | +29.8% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Forest Park
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Forest Park | — | $1,917 (±$99) | — |
| Lake Aluma | 1.5 mi | $4,000 or more | — |
| Smith Village | 4.1 mi | $900 (±$105) | Lower |
| Spencer | 4.3 mi | $1,247 (±$476) | Lower |
| Del City | 4.3 mi | $1,163 (±$34) | Lower |
| Oklahoma City | 4.8 mi | $1,703 (±$17) | Lower |
| Midwest City | 5.4 mi | $1,360 (±$51) | Lower |
| Nichols Hills | 6.0 mi | $4,000 or more | — |
| Nicoma Park | 7.0 mi | $1,449 (±$240) | Lower |
Nearby places with a measurably lower figure: Smith Village, OK ($900), Spencer, OK ($1,247), Del City, OK ($1,163).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Oklahoma County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 (tie) | Lake Aluma | $4,000 or more |
| 1 (tie) | Nichols Hills | $4,000 or more |
| 3 | Edmond | $2,235 (±$71) |
| 4 | Forest Park | $1,917 (±$99) |
| 5 | Choctaw | $1,848 (±$143) |
| 6 | Jones | $1,762 (±$187) |
| 7 | Oklahoma City | $1,703 (±$17) |
| 8 | Harrah | $1,672 (±$101) |
| 9 | Woodlawn Park | $1,500 (±$1,162) |
| 10 | Warr Acres | $1,491 (±$169) |
Showing 10 of 20 places in Oklahoma County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Forest Park
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Forest Park beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Forest Park, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Forest Park, and send estimates and invoices from your phone.
Questions about Forest Park
What is the average mortgage payment in Forest Park?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Forest Park, OK is $1,917 (±$99) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Forest Park?
Owners without a mortgage in Forest Park pay a median of $786 (±$67) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Forest Park gone up?
In Forest Park, the median monthly cost with a mortgage went from $1,560 in 2015–2019 to $1,917 in 2020–2024 (+22.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Forest Park town, Oklahoma
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Forest Park town, Oklahoma
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Forest Park town, Oklahoma
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Forest Park town, Oklahoma
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Forest Park town, Oklahoma
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Forest Park town, Oklahoma (place:26850, in state:40).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Forest Park at a glance
- Income and affordability in Forest Park
- Home values in Forest Park
- Property taxes in Forest Park
- Types of homes in Forest Park
- Age of homes in Forest Park
- Heating fuel in Forest Park
- Commute and cars in Forest Park
- Crime reported to police in Forest Park
- Oklahoma landlord and tenant rules
- Housing across Oklahoma County
- Housing data for every place in Oklahoma