
Home Price Key
These days, finding an affordable place to live in the Federal Point area can be challenging. Home prices in Federal Point are now at a median cost of $415,600, higher than the Florida average of $278,762.
The average cost of rent is $1,069/mo in Federal Point, primarily driven by the current value of real estate in the Federal Point area. While nearly 37.94% of residents own their homes outright in Federal Point, 9.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Federal Point is $6,588 per month. Households that rent pay about 16.23% of their income on rent here. Federal Point's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
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