Forest Hills renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.

Forest Hills, NY map (which includes Forest Hills) of rent costs by neighborhood

Rental Price Key

Luxury
High-end
Mid-tier
Most affordable

 


On average, the cost of rent in Forest Hills is about $1,954 per month. This puts it in the 80th percentile compared to the city average cost of rent, which is $1,818. Households in Forest Hills have a median income of $6,615 per month so the average renter in Forest Hills is spending roughly 30% of their earnings on housing.

Nationally, and in Forest Hills, home values are the data point most closely correlated with the cost of rent. The median price of a home in Forest Hills is $621,469 right now, which is lower than neighborhoods nearby, meaning that rents in Forest Hills also tend to be lower versus these nearby neighborhoods.

Higher rent prices are common in the southeastern parts of Forest Hills while lower rent rates are often available in northern areas.

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