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These days, finding an affordable place to live in the Edgewater area can be challenging. Home prices in Edgewater are now at a median cost of $251,588, lower than the Florida average of $396,783.
The average cost of rent is $1,391/mo in Edgewater, primarily driven by the current value of real estate in the Edgewater area. In Edgewater, 9.94% of households rent, and 44.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Edgewater is $5,067 per month. Households that rent pay about 27.45% of their income on rent here. Edgewater’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- New Smyrna Beach, FL: higher priced homes
- Oak Hill, FL: higher priced homes
- Isleboro, FL: higher priced homes
- Ponce Inlet, FL: higher priced homes
- Osteen, FL: higher priced homes
- Canaan, FL: higher priced homes
- Deltona, FL: higher priced homes
- Lake Helen, FL: higher priced homes
- Orange City, FL: higher priced homes
- DeLand, FL: higher priced homes
Cities with Similar Populations
- Walker, MI: higher priced homes
- Cave Spring, VA: higher priced homes
- Chatsworth, GA: less expensive homes
- Claremore, OK: less expensive homes
- Edgewater, CO: higher priced homes
- El Dorado, AR: less expensive homes
- Ellensburg, WA: higher priced homes
- Feasterville-Trevose, PA: higher priced homes
- Glasgow, KY: less expensive homes
- Green, OH: higher priced homes
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