The Most Affordable Neighborhoods in Lake Jem, FL by Home Value

 

Lake Jem, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lake Jem area can be challenging. Home prices in Lake Jem are now at a median cost of $267,273, lower than the Florida average of $278,762.

The average cost of rent is $1,094/mo in Lake Jem, primarily driven by the current value of real estate in the Lake Jem area. While nearly 25.76% of residents own their homes outright in Lake Jem, 11.53% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lake Jem is $6,762 per month. Households that rent pay about 16.19% of their income on rent here. Lake Jem's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.


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