
Home Price Key
These days, finding an affordable place to live in the Orchid area can be challenging. Home prices in Orchid are now at a median cost of $885,941, higher than the Florida average of $278,762.
The average cost of rent is $1,543/mo in Orchid, primarily driven by the current value of real estate in the Orchid area. While nearly 77.01% of residents own their homes outright in Orchid, 1.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Orchid is $11,758 per month. Households that rent pay about 13.12% of their income on rent here. Orchid's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
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