Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Bay Colony area can be challenging. Home prices in Bay Colony are now at a median cost of $442,356, higher than the Fort Lauderdale average of $411,974.
The average cost of rent is $1,741/mo in Bay Colony, primarily driven by the current value of real estate in the Bay Colony area. While nearly 43.30% of residents own their homes outright in Bay Colony, 63.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bay Colony is $5,276 per month. Households that rent pay about 33.00% of their income on rent here. Bay Colony's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Imperial Point, Fort Lauderdale, FL: less expensive homes
- Coral Ridge Isles, Fort Lauderdale, FL: equally priced homes
- Fairview, Pompano Beach, FL: less expensive homes
- Coral Ridge Country Club Estates, Fort Lauderdale, FL: higher priced homes
- Coral Ridge, Fort Lauderdale, FL: higher priced homes
- Central Beach, Fort Lauderdale, FL: higher priced homes
- Middle River Terrace, Fort Lauderdale, FL: less expensive homes
- Lake Ridge, Fort Lauderdale, FL: equally priced homes
- South Middle River, Fort Lauderdale, FL: less expensive homes
- Lauderdale Manors, Fort Lauderdale, FL: less expensive homes
Neighborhoods with Similar Populations
- Old Town, Beaumont, TX: less expensive homes
- The Palisades, Washington, DC: higher priced homes
- Kent Acres, Dover, DE: less expensive homes
- Evergreen Meadows, Evergreen, CO: higher priced homes
- A.C.T., Evansville, IN: less expensive homes
- College Grandview District, Dubuque, IA: less expensive homes
- Poinciana-Village 3, Poinciana, FL: less expensive homes
- Bonneville Hills, Salt Lake City, UT: higher priced homes
- Heron Bay, San Leandro, CA: higher priced homes
- Lockmar Estates, Palm Bay, FL: less expensive homes
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