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

 

Lake Worth, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lake Worth area can be challenging. Home prices in Lake Worth are now at a median cost of $293,332, higher than the Florida average of $278,762.

The average cost of rent is $1,643/mo in Lake Worth, primarily driven by the current value of real estate in the Lake Worth area. While nearly 40.24% of residents own their homes outright in Lake Worth, 31.42% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lake Worth is $6,146 per month. Households that rent pay about 26.72% of their income on rent here. Lake Worth's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.


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