Cost of Living and Housing in Forest Hills, Michigan

Forest Hills has about 28,695 residents. Median gross rent is $1,958 per month and median household income is $158,005.

Comparison scope: “dataset median” below means the median among 1,211 cities across 10 states in this dataset. It is not presented as a nationwide Census median. The figures use 2020-2024 ACS 5-Year estimates and may lag current listings.

Median Gross Rent $1,958/mo 18% above the dataset median

Median Home Value $498,500 33% above the dataset median

Median Household Income $158,005 88% above the dataset median

Owner-Occupied Homes 94% Share of occupied housing units

Rent-to-Income Baseline 15% Annual median rent ÷ household income

Home Value-to-Income 3.2x Median value ÷ household income

How Forest Hills compares

Rent is 18% above the dataset median, while household income is 88% above the dataset median. Within Michigan, Forest Hills ranks #59 from lowest to highest rent and #1 from highest to lowest household income among 59 cities in this dataset.

The rent-to-income figure compares two citywide medians. It is useful for broad comparison, but it is not an individual household budget or a measure of renter cost burden.

Similar-size cities in Michigan

Frequently asked questions

What is the median rent in Forest Hills?

Median gross rent is $1,958 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home value in Forest Hills?

The median value of owner-occupied homes is $498,500 in the 2020-2024 ACS 5-Year estimates.

What is the median household income?

Median household income in Forest Hills is $158,005 per year.

Source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database refreshed 2026-07-11.