The Most Affordable Neighborhoods in Biscayne Park, FL by Home Value

 

Biscayne Park, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Biscayne Park area can be challenging. Home prices in Biscayne Park are now at a median cost of $513,130, higher than the Florida average of $278,762.

The average cost of rent is $1,436/mo in Biscayne Park, primarily driven by the current value of real estate in the Biscayne Park area. While nearly 22.72% of residents own their homes outright in Biscayne Park, 28.81% rent.

Housing affordability isn’t just about home prices, though. The average household income in Biscayne Park is $6,451 per month. Households that rent pay about 22.26% of their income on rent here. Biscayne Park's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.


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