The Most Affordable Neighborhoods in Grove Park, FL by Home Value

 

Grove Park, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Grove Park area can be challenging. Home prices in Grove Park are now at a median cost of $192,737, lower than the Florida average of $396,783.

The average cost of rent is $927/mo in Grove Park, primarily driven by the current value of real estate in the Grove Park area. In Grove Park, 18.24% of households rent, and 61.70% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Grove Park is $4,382 per month. Households that rent pay about 21.16% of their income on rent here. Grove Park’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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