The Most Affordable Neighborhoods in Pompano Beach, FL by Home Value

 

Pompano Beach, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Pompano Beach area can be challenging. Home prices in Pompano Beach are now at a median cost of $273,548, lower than the Florida average of $278,762.

The average cost of rent is $1,554/mo in Pompano Beach, primarily driven by the current value of real estate in the Pompano Beach area. While nearly 49.82% of residents own their homes outright in Pompano Beach, 40.19% rent.

Housing affordability isn’t just about home prices, though. The average household income in Pompano Beach is $5,325 per month. Households that rent pay about 29.18% of their income on rent here. Pompano Beach's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.


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