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Forest Hill

Learn about the people, housing, costs and businesses in Forest Hill, Montana

Median Home$607,200
Median Rent$1,174/month
Population250
Leading IndustriesEducation · Healthcare · Professional Services6% education
Home Value Growth⬆⬆⬆+61.0% over 2 years
Young Adults22% of residents
Homeowners70% of occupied units
NotableTransit82/100 · excellent transit access
Forest Hill Village
MT

Frequently Asked Questions

What are today's mortgage rates in Forest Hill?

As of today, the 30-year fixed mortgage rate for Forest Hill is approximately 6.933% (6.970% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Forest Hill?

The median home value in Forest Hill is $607k. The median monthly rent is $1,174. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Forest Hill?

Home values in Forest Hill have increased 61.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Forest Hill?

Based on a typical all-in ownership cost of $1,274/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Forest Hill is $63k/year.

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What industries drive the economy in Forest Hill?

The largest employment sectors in Forest Hill are healthcare (20%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.