salaryRent is higher than in 61% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $74,200 a year. That is $36 an hour at a full-time job.
Is rent cheaper than other Texas cities?
No. Rent here is more expensive than in most of Texas. It is number 310 of 426 cities from cheapest to most expensive.
How much do households earn in Forest Hill?
Share of households by yearly income. 15.6% of households earn $100,000 or more.
Rent by apartment size in Forest Hill
| Size | Forest Hill | U.S. average |
|---|---|---|
| 1 bedroom | $809 | $1,324 |
| 2 bedrooms | $1,426 | $1,509 |
| 3 bedrooms | $1,875 | $1,698 |
| 4 bedrooms | $2,157 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Forest Hill overall?
Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Forest Hill, so the Texas figure is shown.
Taxes and bills in Forest Hill
Life in Forest Hill
Is it cheaper to rent or buy in Forest Hill?
Buying is cheaper month to month: about $555 a month less than renting.
Owning assumes a typical $187,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,740 for the down payment.
Frequently asked questions
What is the average rent in Forest Hill, TX?
Renting in Forest Hill costs a median of about $1,855 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Forest Hill?
To keep rent under 30% of income, you need about $74,200 a year, or $36 an hour at a full-time job.
Is Forest Hill cheap or expensive?
Forest Hill is rated Expensive: rent takes 30.1% of the typical household income of $73,831. It ranks 310th cheapest of 426 Texas cities we track.
How much are property taxes in Forest Hill?
The median homeowner in Forest Hill pays $2,748 a year in property taxes, about 1.47% of the median home value.
Is Forest Hill more expensive than the national average?
Overall prices in Texas are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Forest Hill?
The median home value in Forest Hill is $187,400, about 2.5 times the typical yearly household income.
14,062 people live in Forest Hill. Numbers are typical (middle) values.