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These days, finding an affordable place to live in the Inverness Highlands South area can be challenging. Home prices in Inverness Highlands South are now at a median cost of $222,039, lower than the Florida average of $396,783.
The average cost of rent is $1,205/mo in Inverness Highlands South, primarily driven by the current value of real estate in the Inverness Highlands South area. In Inverness Highlands South, 12.72% of households rent, and 45.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Inverness Highlands South is $5,260 per month. Households that rent pay about 22.91% of their income on rent here. Inverness Highlands South’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Inverness, FL: higher priced homes
- Inverness Highlands North, FL: less expensive homes
- Floral City, FL: equally priced homes
- Rutland, FL: higher priced homes
- Citrus Hills, FL: higher priced homes
- Hernando, FL: equally priced homes
- Bevilles Corner, FL: equally priced homes
- Lecanto, FL: higher priced homes
- Panacoochee Retreats, FL: less expensive homes
- Beverly Hills, FL: less expensive homes
Cities with Similar Populations
- Haverford, PA: higher priced homes
- Strathmore, NJ: higher priced homes
- Stratham, NH: higher priced homes
- Strafford, MO: higher priced homes
- Stoneville, NC: less expensive homes
- Stewartville, MN: higher priced homes
- St. James, MO: less expensive homes
- St. Helena Island, SC: higher priced homes
- St. Helena, CA: higher priced homes
- St. Francisville, LA: higher priced homes
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