The Most Affordable Neighborhoods in Forest Hill, MS by Home Value

 

Forest Hill, MS Map of Most Affordable Neighborhoods
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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 $136,671, lower than the Mississippi average of $145,564.

The average cost of rent is $1,198/mo in Forest Hill, primarily driven by the current value of real estate in the Forest Hill area. While nearly 47.04% of residents own their homes outright in Forest Hill, 23.99% rent.

Housing affordability isn’t just about home prices, though. The average household income in Forest Hill is $5,134 per month. Households that rent pay about 23.34% of their income on rent here. Forest Hill's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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