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Affordable
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These days, finding an affordable place to live in the Montverde area can be challenging. Home prices in Montverde are now at a median cost of $556,692, higher than the Florida average of $396,783.
The average cost of rent is $1,672/mo in Montverde, primarily driven by the current value of real estate in the Montverde area. In Montverde, 15.94% of households rent, and 34.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montverde is $9,602 per month. Households that rent pay about 17.42% of their income on rent here. Montverde’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Minneola, FL: less expensive homes
- Oakland, FL: equally priced homes
- Clermont, FL: less expensive homes
- Winter Garden, FL: less expensive homes
- Tildenville, FL: equally priced homes
- Orange Blossom, FL: less expensive homes
- Groveland, FL: less expensive homes
- Ocoee, FL: less expensive homes
- Horizon West, FL: equally priced homes
- Gotha, FL: less expensive homes
Cities with Similar Populations
- Crisfield, MD: less expensive homes
- Dell Rapids, SD: less expensive homes
- Mexico, NY: less expensive homes
- Lakeview, GA: less expensive homes
- Hendron, KY: less expensive homes
- Harvard, MA: higher priced homes
- Greenwood Lake, NY: less expensive homes
- Farrell, PA: less expensive homes
- Dexter, NM: less expensive homes
- Cleveland, NC: less expensive homes
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