Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Coral Terrace area can be challenging. Home prices in Coral Terrace are now at a median cost of $387,689, higher than the Florida average of $278,762.
The average cost of rent is $1,766/mo in Coral Terrace, primarily driven by the current value of real estate in the Coral Terrace area. While nearly 39.41% of residents own their homes outright in Coral Terrace, 35.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Coral Terrace is $5,981 per month. Households that rent pay about 29.52% of their income on rent here. Coral Terrace's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- West Miami, FL: equally priced homes
- Westchester, FL: equally priced homes
- Coral Gables, FL: higher priced homes
- South Miami, FL: higher priced homes
- Glenvar Heights, FL: higher priced homes
- Fountainebleau, FL: less expensive homes
- Miami, FL: less expensive homes
- University Park, FL: less expensive homes
- Sunset, FL: higher priced homes
- Westwood Lakes, FL: equally priced homes
Cities with Similar Populations
- Natchitoches, LA: less expensive homes
- Medford, NJ: equally priced homes
- Menomonie, WI: less expensive homes
- Mequon, WI: higher priced homes
- Miami Springs, FL: higher priced homes
- Milford Mill, MD: less expensive homes
- Mocksville, NC: less expensive homes
- Mont Belvieu, TX: less expensive homes
- Moss Point, MS: less expensive homes
- Mount Holly, NJ: less expensive homes
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