The Most Affordable Neighborhoods in Bal Bay, Orlando, FL by Home Value

 

Bal Bay, Orlando, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Bal Bay area can be challenging. Home prices in Bal Bay are now at a median cost of $339,599, higher than the Orlando average of $266,466.

The average cost of rent is $1,693/mo in Bal Bay, primarily driven by the current value of real estate in the Bal Bay area. While nearly 22.45% of residents own their homes outright in Bal Bay, 30.41% rent.

Housing affordability isn’t just about home prices, though. The average household income in Bal Bay is $10,485 per month. Households that rent pay about 16.15% of their income on rent here. Bal Bay's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.


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