The Most Affordable Neighborhoods in Mayo Junction, FL by Home Value

 

Mayo Junction, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mayo Junction area can be challenging. Home prices in Mayo Junction are now at a median cost of $130,777, lower than the Florida average of $278,762.

The average cost of rent is $734/mo in Mayo Junction, primarily driven by the current value of real estate in the Mayo Junction area. While nearly 55.19% of residents own their homes outright in Mayo Junction, 10.53% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mayo Junction is $4,728 per month. Households that rent pay about 15.53% of their income on rent here. Mayo Junction's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.


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