The Most Affordable Neighborhoods in Ocean Ridge, FL by Home Value

 

Ocean Ridge, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ocean Ridge area can be challenging. Home prices in Ocean Ridge are now at a median cost of $908,869, higher than the Florida average of $278,762.

The average cost of rent is $2,017/mo in Ocean Ridge, primarily driven by the current value of real estate in the Ocean Ridge area. While nearly 64.00% of residents own their homes outright in Ocean Ridge, 14.60% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ocean Ridge is $10,892 per month. Households that rent pay about 18.52% of their income on rent here. Ocean Ridge's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.


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