The Most Affordable Neighborhoods in Alderman Park, Jacksonville, FL by Home Value

 

Alderman Park, Jacksonville, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Alderman Park area can be challenging. Home prices in Alderman Park are now at a median cost of $195,902, lower than the Jacksonville average of $255,486.

The average cost of rent is $1,017/mo in Alderman Park, primarily driven by the current value of real estate in the Alderman Park area. While nearly 39.86% of residents own their homes outright in Alderman Park, 34.67% rent.

Housing affordability isn’t just about home prices, though. The average household income in Alderman Park is $4,958 per month. Households that rent pay about 20.50% of their income on rent here. Alderman Park's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the neighborhood.


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