Home Price Key
Affordable
Average
Expensive
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 $115,028, lower than the Tennessee average of $218,916.
The average cost of rent is $786/mo in Forest Hill, primarily driven by the current value of real estate in the Forest Hill area. While nearly 59.04% of residents own their homes outright in Forest Hill, 25.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Forest Hill is $3,407 per month. Households that rent pay about 23.07% of their income on rent here. Forest Hill's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Waverly, TN: higher priced homes
- Denver, TN: less expensive homes
- Gorman, TN: higher priced homes
- Magnolia, TN: higher priced homes
- Plant, TN: higher priced homes
- Silvertop, TN: higher priced homes
- McEwen, TN: higher priced homes
- Eva, TN: less expensive homes
- New Johnsonville, TN: equally priced homes
- Pollard, TN: equally priced homes
Cities with Similar Populations
- Clarksville City, TX: higher priced homes
- Wiley, MI: higher priced homes
- Wilkeson, WA: higher priced homes
- Cornwell, SC: higher priced homes
- Constableville, NY: less expensive homes
- Condon, OR: equally priced homes
- Compton, MD: higher priced homes
- College Corner, OH: higher priced homes
- Cold Springs, AL: higher priced homes
- Clay Bank, VA: higher priced homes
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