The Most Affordable Neighborhoods in Pinewood, FL by Home Value

 

Pinewood, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Pinewood area can be challenging. Home prices in Pinewood are now at a median cost of $239,032, lower than the Florida average of $278,762.

The average cost of rent is $1,296/mo in Pinewood, primarily driven by the current value of real estate in the Pinewood area. While nearly 37.91% of residents own their homes outright in Pinewood, 71.78% rent.

Housing affordability isn’t just about home prices, though. The average household income in Pinewood is $3,980 per month. Households that rent pay about 32.58% of their income on rent here. Pinewood's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.


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