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These days, finding an affordable place to live in the Forest Hill area can be challenging. Home prices in Forest Hill are now at a median cost of $485,632, higher than the Maryland average of $450,578.
The average cost of rent is $2,167/mo in Forest Hill, primarily driven by the current value of real estate in the Forest Hill area. In Forest Hill, 3.60% of households rent, and 33.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Forest Hill is $12,079 per month. Households that rent pay about 17.94% of their income on rent here. Forest Hill’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bel Air North, MD: equally priced homes
- Street, MD: equally priced homes
- Jarrettsville, MD: equally priced homes
- Bel Air, MD: less expensive homes
- Fallston, MD: higher priced homes
- Pleasant Hills, MD: higher priced homes
- Bel Air South, MD: less expensive homes
- Churchville, MD: equally priced homes
- Pylesville, MD: equally priced homes
- Baldwin, MD: higher priced homes
Cities with Similar Populations
- Rawlins, WY: less expensive homes
- Milltown, NJ: equally priced homes
- Milton, WV: less expensive homes
- Monee, IL: less expensive homes
- Monona, WI: less expensive homes
- Monrovia, MD: higher priced homes
- Montecito, CA: higher priced homes
- Monticello, FL: less expensive homes
- Monticello, GA: less expensive homes
- Montvale, NJ: higher priced homes
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