The Most Affordable Neighborhoods in 34987, FL by Home Value

 

34987, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 34987 area can be challenging. Home prices in 34987 are now at a median cost of $461,734, higher than the Florida average of $396,783.

The average cost of rent is $2,042/mo in 34987, primarily driven by the current value of real estate in the 34987 area. In 34987, 18.14% of households rent, and 42.57% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in 34987 is $7,835 per month. Households that rent pay about 26.06% of their income on rent here. 34987’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the zip.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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