The Most Affordable Neighborhoods in Monterey Lakes, Largo, FL by Home Value

 

Monterey Lakes, Largo, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Monterey Lakes area can be challenging. Home prices in Monterey Lakes are now at a median cost of $102,251, lower than the Largo average of $174,984.

The average cost of rent is $1,403/mo in Monterey Lakes, primarily driven by the current value of real estate in the Monterey Lakes area. While nearly 68.91% of residents own their homes outright in Monterey Lakes, 29.35% rent.

Housing affordability isn’t just about home prices, though. The average household income in Monterey Lakes is $5,076 per month. Households that rent pay about 27.64% of their income on rent here. Monterey Lakes's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the neighborhood.


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