The Most Affordable Neighborhoods in Old Town, FL by Home Value

 

Old Town, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Old Town area can be challenging. Home prices in Old Town are now at a median cost of $86,118, lower than the Florida average of $278,762.

The average cost of rent is $515/mo in Old Town, primarily driven by the current value of real estate in the Old Town area. While nearly 75.50% of residents own their homes outright in Old Town, 8.65% rent.

Housing affordability isn’t just about home prices, though. The average household income in Old Town is $3,792 per month. Households that rent pay about 13.58% of their income on rent here. Old Town's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.


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