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These days, finding an affordable place to live in the Alva area can be challenging. Home prices in Alva are now at a median cost of $453,704, higher than the Florida average of $396,783.
The average cost of rent is $2,132/mo in Alva, primarily driven by the current value of real estate in the Alva area. In Alva, 10.98% of households rent, and 36.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alva is $9,393 per month. Households that rent pay about 22.69% of their income on rent here. Alva’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fort Myers Shores, FL: less expensive homes
- Lehigh Acres, FL: less expensive homes
- Labelle, FL: less expensive homes
- North Fort Myers, FL: less expensive homes
- Port Labelle, FL: less expensive homes
- Cape Coral, FL: less expensive homes
- Pioneer, FL: less expensive homes
- Bokeelia, FL: less expensive homes
- Moore Haven, FL: less expensive homes
- Pineland, FL: less expensive homes
Cities with Similar Populations
- Poplarville, MS: less expensive homes
- Old Orchard Beach, ME: less expensive homes
- Edgemere, MD: less expensive homes
- Washington, IA: less expensive homes
- Orefield, PA: equally priced homes
- Douglas, MA: equally priced homes
- Weldon Spring, MO: equally priced homes
- Wellsville, NY: less expensive homes
- Davisburg, MI: less expensive homes
- Wernersville, PA: less expensive homes
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