The Most Affordable Neighborhoods in Medley, FL by Home Value

 

Medley, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Medley area can be challenging. Home prices in Medley are now at a median cost of $483,602, higher than the Florida average of $278,762.

The average cost of rent is $2,313/mo in Medley, primarily driven by the current value of real estate in the Medley area. While nearly 50.44% of residents own their homes outright in Medley, 49.08% rent.

Housing affordability isn’t just about home prices, though. The average household income in Medley is $6,694 per month. Households that rent pay about 34.55% of their income on rent here. Medley's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.


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