Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
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What to Know About
Life in Forest Hills & Beyond
Forest Hills shares many of the great qualities that make New York a desirable place to live.
New York state is known for its iconic skyscrapers, cultural diversity, and history. Visit notable museums, such as the Metropolitan Museum of Art, the American Museum of Natural History, and the Museum of Modern Art, to learn about the state's cultural heritage. New York is also home to prestigious universities like Columbia University, Cornell University, and New York University. The theater and art scene also thrive in New York, with world-renowned museums and performance centers in NYC like the Metropolitan Museum of Art, Lincoln Center, and Carnegie Hall.
From the breathtaking peaks of the Adirondack and Catskill Mountains to the scenic beauty of the Finger Lakes, outdoor enthusiasts will find plenty to explore. In terms of sports, New York is home to many professional teams like the New York Giants (NFL), Buffalo Bills (NFL), New York Rangers (NHL), New York Yankees (MLB), New York Mets (MLB), the New York Knicks (NBA), and Brooklyn Nets (NBA). In addition, embrace famous attractions like the Empire State Building, Statue of Liberty, Central Park, and Niagara Falls.
New York offers a high quality of life, a strong economy, and a rich cultural heritage, making it a great place to live.
Rental Market Trends
Forest Hills, NY
As of June 2026, Forest Hills's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Forest Hills's average rent is 71.2% ($1,535) higher than the New York average of $2,155 and 105.3% ($1,893) higher than the U.S. average of $1,797.
Average Rent
$3,690
Monthly ChangeMonth Over Month Change
8.2% ($280)
Yearly ChangeYear Over Year Change
100.8% ($1852)
Avg. Days on MarketAverage Days on Market
27
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $3,280 | 15.6% ($442) | 78.8% ($1446) |
| 2 Beds | $4,155 | 7.8% ($301) | 97.7% ($2053) |
| 3 Beds | $4,919 | 4.6% ($239) | 102% ($2484) |
| Nearby Cities | Average Rent | Avg. Rent vs. Forest HillsAverage Rent vs. Forest Hills | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Ridgewood | $1,598 | 56.7% ($2092) | 27 days |
| Rego Park | $2,585 | 29.9% ($1105) | 26 days |
| Flushing | $2,805 | 24% ($885) | 26 days |
| Elmhurst | $2,344 | 36.5% ($1346) | 31 days |
| Jamaica | $2,740 | 25.7% ($950) | 27 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Forest Hills Rental Market FAQs
Explore rental prices, market trends, and availability in Forest Hills, NY.
The average rent in Forest Hills, NY is $3,690 per month.
Apartments in Forest Hills typically rent for between $2,296 and $6,395 per month, with an average of $3,690 per month.
In Forest Hills, the average rent for a 1-bedroom apartment is $3,280 per month, for a 2-bedroom apartment, $4,155 per month, and a 3-bedroom apartment is $4,919 per month.
The average rent in Forest Hills is 105.3% ($1,893) higher than the national average of $1,797 per month.
The average rent in Forest Hills has increased by 8.2% ($280) in the last month and increased by 100.8% ($1,852) over the past year.
The rental market in Forest Hills, NY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Forest Hills, NY, the average rental stays on the market for approximately 27 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 11 rental properties available in Forest Hills, NY.
Based on the current averages, a household would need an annual income of $166,200 to comfortably afford a 2-bedroom apartment in Forest Hills.
