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These days, finding an affordable place to live in the Downtown Jacksonville area can be challenging. Home prices in Downtown Jacksonville are now at a median cost of $270,775, lower than the Jacksonville average of $363,577.
The average cost of rent is $701/mo in Downtown Jacksonville, primarily driven by the current value of real estate in the Downtown Jacksonville area. In Downtown Jacksonville, 91.11% of households rent, and 59.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Jacksonville is $1,864 per month. Households that rent pay about 37.60% of their income on rent here. Downtown Jacksonville’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Springfield, Jacksonville, FL: higher priced homes
- Mid-Westside, Jacksonville, FL: less expensive homes
- Riverside, Jacksonville, FL: higher priced homes
- Spring Park, Jacksonville, FL: less expensive homes
- Brentwood, Jacksonville, FL: less expensive homes
- Moncrief Park, Jacksonville, FL: less expensive homes
- Monterey, Jacksonville, FL: less expensive homes
- Lackawanna, Jacksonville, FL: less expensive homes
- Miramar, Jacksonville, FL: higher priced homes
- Grand Park, Jacksonville, FL: less expensive homes
Neighborhoods with Similar Populations
- Abilene Heights Area, Abilene, TX: less expensive homes
- Seven Bar Ranch, Albuquerque, NM: higher priced homes
- Western Corridor, Green Bay, WI: less expensive homes
- Westgate Vecinos, Albuquerque, NM: less expensive homes
- South Valley, Syracuse, NY: less expensive homes
- Iroquois, Louisville, KY: less expensive homes
- Clawson, Emeryville, CA: higher priced homes
- Civano, Tucson, AZ: higher priced homes
- Chapel Hill Village, Indianapolis, IN: less expensive homes
- Whitehouse, Jacksonville, FL: equally priced homes
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