salaryRent is higher than in 88% of U.S. cities. Household incomes are higher than in 93% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 19.7 minutes. Most homes (94%) are owned, so rentals can be hard to find. It is a highly educated city: 70.9% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $104,360 a year. That is $50 an hour at a full-time job.
Is rent cheaper than other Michigan cities?
No. Rent here is more expensive than in most of Michigan. It is number 177 of 179 cities from cheapest to most expensive.
How much do households earn in Forest Hills?
Share of households by yearly income. 60.0% of households earn $100,000 or more.
Rent by apartment size in Forest Hills
| Size | Forest Hills | U.S. average |
|---|---|---|
| 2 bedrooms | $2,315 | $1,509 |
| 3 bedrooms | $2,799 | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Forest Hills overall?
Everyday prices in Michigan overall are 4% below the U.S. average (index 96.2, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Forest Hills, so the Michigan figure is shown.
Taxes and bills in Forest Hills
Life in Forest Hills
Is it cheaper to rent or buy in Forest Hills?
Renting is cheaper right now: about $850 a month less.
Owning assumes a typical $498,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $49,850 for the down payment.
Frequently asked questions
What is the average rent in Forest Hills, MI?
Renting in Forest Hills costs a median of about $2,609 a month in 2026, including utilities. The Michigan median is $1,314.
How much do I need to make to live in Forest Hills?
To keep rent under 30% of income, you need about $104,360 a year, or $50 an hour at a full-time job.
Is Forest Hills cheap or expensive?
Forest Hills is rated Cheap: rent takes 18.4% of the typical household income of $170,408. It ranks 177th cheapest of 179 Michigan cities we track.
How much are property taxes in Forest Hills?
The median homeowner in Forest Hills pays $5,468 a year in property taxes, about 1.10% of the median home value.
Is Forest Hills more expensive than the national average?
Overall prices in Michigan are 4% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Forest Hills?
The median home value in Forest Hills is $498,500, about 2.9 times the typical yearly household income.
28,695 people live in Forest Hills. Numbers are typical (middle) values.