The Most Affordable Neighborhoods in Indian River Estates, FL by Home Value

 

Indian River Estates, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Indian River Estates area can be challenging. Home prices in Indian River Estates are now at a median cost of $154,355, lower than the Florida average of $278,762.

The average cost of rent is $1,553/mo in Indian River Estates, primarily driven by the current value of real estate in the Indian River Estates area. While nearly 57.26% of residents own their homes outright in Indian River Estates, 7.24% rent.

Housing affordability isn’t just about home prices, though. The average household income in Indian River Estates is $3,724 per month. Households that rent pay about 41.71% of their income on rent here. Indian River Estates's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.


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