The Most Affordable Neighborhoods in Ormond-by-the-Sea, FL by Home Value

 

Ormond-by-the-Sea, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ormond-by-the-Sea area can be challenging. Home prices in Ormond-by-the-Sea are now at a median cost of $259,325, lower than the Florida average of $278,762.

The average cost of rent is $1,359/mo in Ormond-by-the-Sea, primarily driven by the current value of real estate in the Ormond-by-the-Sea area. While nearly 54.49% of residents own their homes outright in Ormond-by-the-Sea, 17.93% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ormond-by-the-Sea is $4,396 per month. Households that rent pay about 30.92% of their income on rent here. Ormond-by-the-Sea's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.


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