The Most Affordable Neighborhoods in Sherwood Forest, FL by Home Value

 

Sherwood Forest, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Sherwood Forest area can be challenging. Home prices in Sherwood Forest are now at a median cost of $517,121, higher than the Florida average of $396,783.

The average cost of rent is $2,163/mo in Sherwood Forest, primarily driven by the current value of real estate in the Sherwood Forest area. In Sherwood Forest, 28.08% of households rent, and 25.65% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Sherwood Forest is $13,040 per month. Households that rent pay about 16.59% of their income on rent here. Sherwood Forest’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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