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See, advertising revenue not only depends upon the page views but also what niche the site is about. So can you tell me, is there any particular niche your forum stands in?
Then for such a site, $10/month to $20 for one 125/125 ad is enough. And trust me it is a good amount. Just think if you even sell 6 125/125 ads every month you can earn $120 jus t with these ads.
It also depends on your CTR. For example the CTR on my website is HUGE so I would charge a lot more than that simply because it will bring a lot of people to the advertiser each month.
If you sel your spots for a 3€ CPM then it would be $45/month to advertise on your forum.
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I'll gladly pay anywhere between 30 to 50 a month.
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