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

 

Indian River Park, Mims, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Indian River Park area can be challenging. Home prices in Indian River Park are now at a median cost of $314,229, higher than the Mims average of $271,422.

The average cost of rent is $1,261/mo in Indian River Park, primarily driven by the current value of real estate in the Indian River Park area. In Indian River Park, 3.01% of households rent, and 46.18% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Indian River Park is $7,227 per month. Households that rent pay about 17.44% of their income on rent here. Indian River Park’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the neighborhood.

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


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