The Most Affordable Neighborhoods in River Oaks, Fort Lauderdale, FL by Home Value

 

River Oaks, Fort Lauderdale, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the River Oaks area can be challenging. Home prices in River Oaks are now at a median cost of $417,150, higher than the Fort Lauderdale average of $411,974.

The average cost of rent is $2,004/mo in River Oaks, primarily driven by the current value of real estate in the River Oaks area. While nearly 36.29% of residents own their homes outright in River Oaks, 32.24% rent.

Housing affordability isn’t just about home prices, though. The average household income in River Oaks is $6,828 per month. Households that rent pay about 29.36% of their income on rent here. River Oaks's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the neighborhood.


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