Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Modello area can be challenging. Home prices in Modello are now at a median cost of $378,334, higher than the Leisure City average of $322,606.
The average cost of rent is $1,627/mo in Modello, primarily driven by the current value of real estate in the Modello area. In Modello, 73.42% of households rent, and 61.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Modello is $5,370 per month. Households that rent pay about 30.29% of their income on rent here. Modello’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
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- West Flagler, Miami, FL: higher priced homes
- Flagami, Miami, FL: equally priced homes
- Little Havana, Miami, FL: higher priced homes
- Allapattah, Miami, FL: less expensive homes
Neighborhoods with Similar Populations
- Timmerman West, Milwaukee, WI: less expensive homes
- Glendale, Los Angeles, CA: higher priced homes
- Glynlea-Grove Park, Jacksonville, FL: less expensive homes
- Goddard, Seabrook, MD: less expensive homes
- Goldenwest, Huntington Beach, CA: higher priced homes
- Hamlet, Woonsocket, RI: less expensive homes
- Hampden, Denver, CO: equally priced homes
- Happy Valley, Bellingham, WA: higher priced homes
- Hayhurst, Portland, OR: higher priced homes
- Highlands Historic District, State College, PA: higher priced homes
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