Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South Coconut Grove area can be challenging. Home prices in South Coconut Grove are now at a median cost of $804,221, higher than the Miami average of $345,832.
The average cost of rent is $1,669/mo in South Coconut Grove, primarily driven by the current value of real estate in the South Coconut Grove area. While nearly 42.41% of residents own their homes outright in South Coconut Grove, 43.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Coconut Grove is $7,465 per month. Households that rent pay about 22.35% of their income on rent here. South Coconut Grove's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Italian Village, Coral Gables, FL: higher priced homes
- North Coconut Grove, Miami, FL: higher priced homes
- Riviera, Coral Gables, FL: higher priced homes
- Coral Way, Miami, FL: less expensive homes
- West Flagler, Miami, FL: less expensive homes
- Little Havana, Miami, FL: less expensive homes
- Flagami, Miami, FL: less expensive homes
- Overtown, Miami, FL: less expensive homes
- Allapattah, Miami, FL: less expensive homes
- Downtown Miami, Miami, FL: less expensive homes
Neighborhoods with Similar Populations
- Willard-Hay, Minneapolis, MN: less expensive homes
- Rossville, Staten Island, NY: less expensive homes
- Plaza Terrace, Tampa, FL: less expensive homes
- Old Seminol Heights, Tampa, FL: less expensive homes
- Oakland, Pittsburgh, PA: less expensive homes
- Lincoln Village West, Stockton, CA: less expensive homes
- North Indian Trail, Spokane, WA: less expensive homes
- East English Village, Detroit, MI: less expensive homes
- Duluth Heights, Duluth, MN: less expensive homes
- Murray Hill, Jacksonville, FL: less expensive homes
All Local Stats
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