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These days, finding an affordable place to live in the Pembroke area can be challenging. Home prices in Pembroke are now at a median cost of $166,837, lower than the Florida average of $396,783.
The average cost of rent is $942/mo in Pembroke, primarily driven by the current value of real estate in the Pembroke area. In Pembroke, 23.91% of households rent, and 50.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pembroke is $6,059 per month. Households that rent pay about 15.54% of their income on rent here. Pembroke’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fort Meade, FL: equally priced homes
- Homeland, FL: equally priced homes
- Lake Garfield, FL: equally priced homes
- Alturas, FL: higher priced homes
- Torrey, FL: higher priced homes
- Pierce, FL: higher priced homes
- Bowling Green, FL: less expensive homes
- Bradley, FL: equally priced homes
- South Mulberry, FL: higher priced homes
- Hillcrest Heights, FL: less expensive homes
Cities with Similar Populations
- Gem, IN: higher priced homes
- Goshen, MA: higher priced homes
- Goodsprings, AL: less expensive homes
- Glencairn, NY: less expensive homes
- Glen Springs, KY: less expensive homes
- Gilman, MN: higher priced homes
- Gilead, MI: higher priced homes
- Gideon, OK: higher priced homes
- Germantown, PA: higher priced homes
- Georgetown, CT: higher priced homes
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