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These days, finding an affordable place to live in the Edgewood area can be challenging. Home prices in Edgewood are now at a median cost of $524,431, higher than the Florida average of $396,783.
The average cost of rent is $1,816/mo in Edgewood, primarily driven by the current value of real estate in the Edgewood area. In Edgewood, 25.96% of households rent, and 36.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Edgewood is $8,571 per month. Households that rent pay about 21.18% of their income on rent here. Edgewood’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Orlando, FL: less expensive homes
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- Azalea Park, FL: less expensive homes
- Orlovista, FL: less expensive homes
- Doctor Phillips, FL: equally priced homes
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Cities with Similar Populations
- Bremen, OH: less expensive homes
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- Crested Butte, CO: higher priced homes
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- Williamsburg, PA: less expensive homes
- Westtown, NY: less expensive homes
- Weatherby Lake, MO: equally priced homes
- Quincy, CA: less expensive homes
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