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These days, finding an affordable place to live in the Oceanway area can be challenging. Home prices in Oceanway are now at a median cost of $315,760, lower than the Jacksonville average of $363,577.
The average cost of rent is $1,679/mo in Oceanway, primarily driven by the current value of real estate in the Oceanway area. In Oceanway, 20.87% of households rent, and 23.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oceanway is $6,921 per month. Households that rent pay about 24.27% of their income on rent here. Oceanway’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Duval, Jacksonville, FL: less expensive homes
- The Cape, Jacksonville, FL: higher priced homes
- Turtle Creek, Jacksonville, FL: less expensive homes
- Pecan Park, Jacksonville, FL: higher priced homes
- Highlands, Jacksonville, FL: less expensive homes
- Charter Point, Jacksonville, FL: equally priced homes
- Biscayne, Jacksonville, FL: equally priced homes
- Woodmere, Jacksonville, FL: higher priced homes
- Panama Park, Jacksonville, FL: less expensive homes
- University Park-Jacksonville, Jacksonville, FL: equally priced homes
Neighborhoods with Similar Populations
- Fenton Area, Fenton, MO: less expensive homes
- Beresford, San Mateo, CA: higher priced homes
- Yorkshire, Charlotte, NC: higher priced homes
- University District, Portland, OR: higher priced homes
- Union Square, Somerville, MA: higher priced homes
- Spenard, Anchorage, AK: equally priced homes
- South 48th Street, Lincoln, NE: less expensive homes
- Shawnee, Louisville, KY: less expensive homes
- Seventh Avenue, Newark, NJ: higher priced homes
- Prospect Park, Minneapolis, MN: higher priced homes
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