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Affordable
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These days, finding an affordable place to live in the Pembroke Park area can be challenging. Home prices in Pembroke Park are now at a median cost of $212,569, lower than the Florida average of $396,783.
The average cost of rent is $1,600/mo in Pembroke Park, primarily driven by the current value of real estate in the Pembroke Park area. In Pembroke Park, 64.05% of households rent, and 57.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pembroke Park is $4,030 per month. Households that rent pay about 39.70% of their income on rent here. Pembroke Park’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- West Park, FL: higher priced homes
- Ives Estates, FL: higher priced homes
- Ojus, FL: higher priced homes
- Hollywood, FL: higher priced homes
- Hallandale Beach, FL: higher priced homes
- Aventura, FL: higher priced homes
- North Miami Beach, FL: higher priced homes
- Miami Gardens, FL: higher priced homes
- Golden Beach, FL: higher priced homes
- Golden Glades, FL: higher priced homes
Cities with Similar Populations
- Goldendale, WA: higher priced homes
- Fruit Heights, UT: higher priced homes
- Fulton, MD: higher priced homes
- Gales Ferry, CT: higher priced homes
- Galesburg, MI: higher priced homes
- Gate City, VA: less expensive homes
- Genoa, IL: higher priced homes
- Gentry, AR: equally priced homes
- Georgetown, OH: less expensive homes
- Giddings, TX: equally priced homes
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