The Most Affordable Neighborhoods in Jacksonville Farms-Terrace, Jacksonville, FL by Home Value

 

Jacksonville Farms-Terrace, Jacksonville, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Jacksonville Farms-Terrace area can be challenging. Home prices in Jacksonville Farms-Terrace are now at a median cost of $246,883, lower than the Jacksonville average of $255,486.

The average cost of rent is $1,808/mo in Jacksonville Farms-Terrace, primarily driven by the current value of real estate in the Jacksonville Farms-Terrace area. While nearly 35.23% of residents own their homes outright in Jacksonville Farms-Terrace, 24.75% rent.

Housing affordability isn’t just about home prices, though. The average household income in Jacksonville Farms-Terrace is $6,823 per month. Households that rent pay about 26.49% of their income on rent here. Jacksonville Farms-Terrace's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the neighborhood.


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