The Most Affordable Neighborhoods in Falcon Trace, Southchase, FL by Home Value

 

Falcon Trace, Southchase, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Falcon Trace area can be challenging. Home prices in Falcon Trace are now at a median cost of $327,666, higher than the Southchase average of $280,424.

The average cost of rent is $1,433/mo in Falcon Trace, primarily driven by the current value of real estate in the Falcon Trace area. While nearly 38.29% of residents own their homes outright in Falcon Trace, 25.75% rent.

Housing affordability isn’t just about home prices, though. The average household income in Falcon Trace is $8,404 per month. Households that rent pay about 17.05% of their income on rent here. Falcon Trace's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the neighborhood.


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