Home Price Key
Affordable
Average
Expensive
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 $239,722, lower than the Leisure City average of $262,090.
The average cost of rent is $1,265/mo in Modello, primarily driven by the current value of real estate in the Modello area. While nearly 41.34% of residents own their homes outright in Modello, 74.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in Modello is $3,459 per month. Households that rent pay about 36.56% of their income on rent here. Modello's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the neighborhood.
Nearby Neighborhoods
- Olympia Heights, Miami, FL: higher priced homes
- Riviera, Coral Gables, FL: higher priced homes
- Italian Village, Coral Gables, FL: higher priced homes
- South Coconut Grove, Miami, FL: higher priced homes
- North Coconut Grove, Miami, FL: higher priced homes
- Coral Way, Miami, FL: higher priced homes
- West Flagler, Miami, FL: higher priced homes
- Flagami, Miami, FL: higher priced homes
- Little Havana, Miami, FL: higher priced homes
- Allapattah, Miami, FL: equally priced 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: equally priced 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
All Local Stats
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