Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Forest Hills area can be challenging. Home prices in Forest Hills are now at a median cost of $646,052, higher than the Queens average of $640,998.
The average cost of rent is $1,924/mo in Forest Hills, primarily driven by the current value of real estate in the Forest Hills area. While nearly 50.45% of residents own their homes outright in Forest Hills, 46.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Forest Hills is $8,434 per month. Households that rent pay about 22.81% of their income on rent here. Forest Hills's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the neighborhood.
Nearby Neighborhoods
- Rego Park, Queens, NY: less expensive homes
- Kew Ggardens, Queens, NY: less expensive homes
- Middle Village, Queens, NY: higher priced homes
- Corona, Queens, NY: higher priced homes
- Elmhurst, Queens, NY: equally priced homes
- Woodhaven, Queens, NY: equally priced homes
- Glendale, Queens, NY: higher priced homes
- Richmond Hill, Queens, NY: equally priced homes
- Maspeth, Queens, NY: higher priced homes
- Jamaica, Queens, NY: less expensive homes
Neighborhoods with Similar Populations
- Richmond Hill, Queens, NY: equally priced homes
- Lake Highlands, Dallas, TX: less expensive homes
- Lincoln Park, Chicago, IL: higher priced homes
- Logan Square, Chicago, IL: less expensive homes
- McLane, Fresno, CA: less expensive homes
- Meyerland, Houston, TX: less expensive homes
- Midtown, Manhattan, NY: higher priced homes
- Millcreek, Salt Lake City, UT: less expensive homes
- Mira Mesa, San Diego, CA: less expensive homes
- Mott Haven, Bronx, NY: less expensive homes
All Local Stats
Home Services
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