The Most Affordable Neighborhoods in Alafaya, FL by Home Value

These days, finding an affordable place to live in the Alafaya area can be challenging. Home prices in Alafaya are now at a median cost of $368,652, lower than the Florida average of $396,783.

The average cost of rent is $2,032/mo in Alafaya, primarily driven by the current value of real estate in the Alafaya area. In Alafaya, 35.54% of households rent, and 31.80% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Alafaya is $7,911 per month. Households that rent pay about 25.68% of their income on rent here. Alafaya’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.

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

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