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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 $386,601, lower than the Florida average of $396,783.
The average cost of rent is $2,094/mo in Medley, primarily driven by the current value of real estate in the Medley area. In Medley, 39.85% of households rent, and 59.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Medley is $6,866 per month. Households that rent pay about 30.50% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hialeah Gardens, FL: less expensive homes
- Doral, FL: higher priced homes
- Hialeah, FL: equally priced homes
- Miami Springs, FL: higher priced homes
- Virginia Gardens, FL: higher priced homes
- Miami Lakes, FL: higher priced homes
- Fountainebleau, FL: less expensive homes
- Sweetwater, FL: less expensive homes
- Brownsville, FL: equally priced homes
- Country Club, FL: equally priced homes
Cities with Similar Populations
- Box Elder, MT: less expensive homes
- Doolittle, TX: less expensive homes
- Corydon, KY: less expensive homes
- Convoy, OH: less expensive homes
- Conneautville, PA: less expensive homes
- Coal City, WV: less expensive homes
- Cecil, WI: less expensive homes
- Burlington, MI: less expensive homes
- Burbank, OH: less expensive homes
- Bradford, RI: equally priced homes
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