The Most Affordable Neighborhoods in Cheval, FL by Home Value

 

Cheval, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cheval area can be challenging. Home prices in Cheval are now at a median cost of $402,949, higher than the Florida average of $278,762.

The average cost of rent is $1,719/mo in Cheval, primarily driven by the current value of real estate in the Cheval area. While nearly 36.27% of residents own their homes outright in Cheval, 41.22% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cheval is $8,305 per month. Households that rent pay about 20.70% of their income on rent here. Cheval's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.


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