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Affordable
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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 $1,515,015, higher than the Tennessee average of $315,131.
The average cost of rent is $2,001/mo in Forest Hills, primarily driven by the current value of real estate in the Forest Hills area. In Forest Hills, 3.39% of households rent, and 42.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Forest Hills is $19,003 per month. Households that rent pay about 10.53% of their income on rent here. Forest Hills’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Belle Meade, TN: higher priced homes
- Oak Hill, TN: less expensive homes
- Berry Hill, TN: less expensive homes
- Nashville, TN: less expensive homes
- Brentwood, TN: less expensive homes
- Franklin, TN: less expensive homes
- Antioch, TN: less expensive homes
- Nolensville, TN: less expensive homes
- Bingham, TN: less expensive homes
- Pegram, TN: less expensive homes
Cities with Similar Populations
- East Moriches, NY: less expensive homes
- Southampton, MA: less expensive homes
- South Pasadena, FL: less expensive homes
- South Oroville, CA: less expensive homes
- Earlysville, VA: less expensive homes
- East Bend, NC: less expensive homes
- East Freetown, MA: less expensive homes
- East Greenville, PA: less expensive homes
- Sneads, FL: less expensive homes
- East Jordan, MI: less expensive homes
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