The Most Affordable Neighborhoods in Downtown Jacksonville, Jacksonville, FL by Home Value

 

Downtown Jacksonville, Jacksonville, FL Map of Most Affordable Neighborhoods
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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 $95,645, lower than the Jacksonville average of $255,486.

The average cost of rent is $580/mo in Downtown Jacksonville, primarily driven by the current value of real estate in the Downtown Jacksonville area. While nearly 52.96% of residents own their homes outright in Downtown Jacksonville, 93.77% rent.

Housing affordability isn’t just about home prices, though. The average household income in Downtown Jacksonville is $1,748 per month. Households that rent pay about 33.17% of their income on rent here. Downtown Jacksonville's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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