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Affordable
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These days, finding an affordable place to live in the Opa-Locka area can be challenging. Home prices in Opa-Locka are now at a median cost of $329,015, lower than the Florida average of $396,783.
The average cost of rent is $1,743/mo in Opa-Locka, primarily driven by the current value of real estate in the Opa-Locka area. In Opa-Locka, 40.19% of households rent, and 45.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Opa-Locka is $4,767 per month. Households that rent pay about 36.56% of their income on rent here. Opa-Locka’s most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Miami Gardens, FL: higher priced homes
- Country Club, FL: equally priced homes
- Westview, FL: higher priced homes
- Miami Lakes, FL: higher priced homes
- Golden Glades, FL: higher priced homes
- Hialeah, FL: higher priced homes
- Miramar, FL: higher priced homes
- Pinewood, FL: higher priced homes
- West Little River, FL: higher priced homes
- North Miami, FL: higher priced homes
Cities with Similar Populations
- Ballwin, MO: higher priced homes
- Bedford, TX: higher priced homes
- Bel Air South, MD: higher priced homes
- Bloomfield Hills, MI: higher priced homes
- Snohomish, WA: higher priced homes
- New Castle, DE: less expensive homes
- New Castle, PA: less expensive homes
- Ocoee, FL: higher priced homes
- Palm Desert, CA: higher priced homes
- Panorama City, CA: higher priced homes
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