The Most Affordable Neighborhoods in Mount Dora, FL by Home Value

 

Mount Dora, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mount Dora area can be challenging. Home prices in Mount Dora are now at a median cost of $265,046, lower than the Florida average of $278,762.

The average cost of rent is $1,402/mo in Mount Dora, primarily driven by the current value of real estate in the Mount Dora area. While nearly 34.40% of residents own their homes outright in Mount Dora, 21.75% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mount Dora is $5,944 per month. Households that rent pay about 23.59% of their income on rent here. Mount Dora's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.


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