The Most Affordable Neighborhoods in Lake Frederica, Orlando, FL by Home Value

 

Lake Frederica, Orlando, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lake Frederica area can be challenging. Home prices in Lake Frederica are now at a median cost of $122,515, lower than the Orlando average of $266,466.

The average cost of rent is $1,267/mo in Lake Frederica, primarily driven by the current value of real estate in the Lake Frederica area. While nearly 53.10% of residents own their homes outright in Lake Frederica, 74.66% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lake Frederica is $3,535 per month. Households that rent pay about 35.85% of their income on rent here. Lake Frederica's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the neighborhood.


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