The Most Affordable Neighborhoods in Hopewell, FL by Home Value

These days, finding an affordable place to live in the Hopewell area can be challenging. Home prices in Hopewell are now at a median cost of $83,559, lower than the Florida average of $396,783.

The average cost of rent is $803/mo in Hopewell, primarily driven by the current value of real estate in the Hopewell area. In Hopewell, 12.27% of households rent, and 67.40% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Hopewell is $4,253 per month. Households that rent pay about 18.87% of their income on rent here. Hopewell’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern 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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