The Most Affordable Neighborhoods in Bellair-Meadowbrook Terrace, FL by Home Value

These days, finding an affordable place to live in the Bellair-Meadowbrook Terrace area can be challenging. Home prices in Bellair-Meadowbrook Terrace are now at a median cost of $223,522, lower than the Florida average of $396,783.

The average cost of rent is $1,551/mo in Bellair-Meadowbrook Terrace, primarily driven by the current value of real estate in the Bellair-Meadowbrook Terrace area. In Bellair-Meadowbrook Terrace, 55.01% of households rent, and 51.08% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Bellair-Meadowbrook Terrace is $5,407 per month. Households that rent pay about 28.70% of their income on rent here. Bellair-Meadowbrook Terrace’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western 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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