The Most Affordable Neighborhoods in Middle River Terrace, Fort Lauderdale, FL by Home Value

 

Middle River Terrace, Fort Lauderdale, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Middle River Terrace area can be challenging. Home prices in Middle River Terrace are now at a median cost of $372,105, lower than the Fort Lauderdale average of $411,974.

The average cost of rent is $1,273/mo in Middle River Terrace, primarily driven by the current value of real estate in the Middle River Terrace area. While nearly 28.42% of residents own their homes outright in Middle River Terrace, 72.00% rent.

Housing affordability isn’t just about home prices, though. The average household income in Middle River Terrace is $5,034 per month. Households that rent pay about 25.29% of their income on rent here. Middle River Terrace's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.


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