The Most Affordable Neighborhoods in Polk City, FL by Home Value

 

Polk City, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Polk City area can be challenging. Home prices in Polk City are now at a median cost of $164,771, lower than the Florida average of $278,762.

The average cost of rent is $940/mo in Polk City, primarily driven by the current value of real estate in the Polk City area. While nearly 47.62% of residents own their homes outright in Polk City, 10.69% rent.

Housing affordability isn’t just about home prices, though. The average household income in Polk City is $4,772 per month. Households that rent pay about 19.70% of their income on rent here. Polk City's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.


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