Expensive
Affordable
Affordable
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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 $565,840, higher than the Florida average of $396,783.
The average cost of rent is $2,113/mo in Coral Terrace, primarily driven by the current value of real estate in the Coral Terrace area. In Coral Terrace, 39.39% of households rent, and 47.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Coral Terrace is $7,444 per month. Households that rent pay about 28.39% of their income on rent here. Coral Terrace’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- West Miami, FL: less expensive homes
- Westchester, FL: equally priced homes
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- Glenvar Heights, FL: equally 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: equally priced homes
- Miami Springs, FL: equally 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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