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These days, finding an affordable place to live in the Pedro area can be challenging. Home prices in Pedro are now at a median cost of $426,800, higher than the Florida average of $396,783.
The average cost of rent is $1,439/mo in Pedro, primarily driven by the current value of real estate in the Pedro area. In Pedro, 30.65% of households rent, and 37.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pedro is $7,450 per month. Households that rent pay about 19.32% of their income on rent here. Pedro’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Oxford, FL: higher priced homes
- Royal, FL: less expensive homes
- Summerfield, FL: less expensive homes
- The Villages, FL: equally priced homes
- Wildwood, FL: equally priced homes
- Belleview, FL: less expensive homes
- Rutland, FL: less expensive homes
- Panacoochee Retreats, FL: less expensive homes
- Lady Lake, FL: less expensive homes
- Weirsdale, FL: less expensive homes
Cities with Similar Populations
- Spuds, FL: higher priced homes
- Humphreys, MO: less expensive homes
- Huntsville, IL: less expensive homes
- Huntsville, KY: less expensive homes
- Hutchinson, WV: less expensive homes
- Hylton, TX: less expensive homes
- Ibapah, UT: less expensive homes
- Idanha, OR: equally priced homes
- Sparks Hill, IL: less expensive homes
- Spruce, MO: less expensive homes
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