Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Melrose Park area can be challenging. Home prices in Melrose Park are now at a median cost of $264,715, lower than the Fort Lauderdale average of $411,974.
The average cost of rent is $1,687/mo in Melrose Park, primarily driven by the current value of real estate in the Melrose Park area. While nearly 28.84% of residents own their homes outright in Melrose Park, 32.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Melrose Park is $4,724 per month. Households that rent pay about 35.71% of their income on rent here. Melrose Park's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Melrose Manors, Fort Lauderdale, FL: less expensive homes
- Sunset, Fort Lauderdale, FL: equally priced homes
- Broadview Park, Fort Lauderdale, FL: higher priced homes
- Riverside Park, Fort Lauderdale, FL: higher priced homes
- Durrs Homeowners, Fort Lauderdale, FL: less expensive homes
- Dorsey-Riverbend, Fort Lauderdale, FL: less expensive homes
- River Oaks, Fort Lauderdale, FL: higher priced homes
- Edgewood, Fort Lauderdale, FL: equally priced homes
- Tarpon River, Fort Lauderdale, FL: higher priced homes
- Lauderdale Manors, Fort Lauderdale, FL: equally priced homes
Neighborhoods with Similar Populations
- Adams, Huntington Beach, CA: higher priced homes
- West River, New Haven, CT: less expensive homes
- Blue Oaks, Roseville, CA: higher priced homes
- Brookside Glen, Chicago, IL: equally priced homes
- Westcott, Syracuse, NY: less expensive homes
- Bayside, Queens, NY: higher priced homes
- Bayou Oaks, Sarasota, FL: less expensive homes
- Brunswick, Gary, IN: less expensive homes
- Ventura, Orlando, FL: less expensive homes
- Barron Park, Palo Alto, CA: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood