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

 

Forest Hill, TX 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 $128,083, lower than the Texas average of $235,268.

The average cost of rent is $1,233/mo in Forest Hill, primarily driven by the current value of real estate in the Forest Hill area. While nearly 50.02% of residents own their homes outright in Forest Hill, 30.77% rent.

Housing affordability isn’t just about home prices, though. The average household income in Forest Hill is $4,142 per month. Households that rent pay about 29.76% of their income on rent here. Forest Hill's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.


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