The Most Affordable Neighborhoods in Italian Village, Coral Gables, FL by Home Value

 

Italian Village, Coral Gables, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Italian Village area can be challenging. Home prices in Italian Village are now at a median cost of $920,451, lower than the Coral Gables average of $978,499.

The average cost of rent is $2,530/mo in Italian Village, primarily driven by the current value of real estate in the Italian Village area. While nearly 30.51% of residents own their homes outright in Italian Village, 20.99% rent.

Housing affordability isn’t just about home prices, though. The average household income in Italian Village is $13,418 per month. Households that rent pay about 18.85% of their income on rent here. Italian Village's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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