The Most Affordable Neighborhoods in Spring Isle, Alafaya, FL by Home Value

 

Spring Isle, Alafaya, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Spring Isle area can be challenging. Home prices in Spring Isle are now at a median cost of $402,026, higher than the Alafaya average of $368,652.

The average cost of rent is $2,387/mo in Spring Isle, primarily driven by the current value of real estate in the Spring Isle area. In Spring Isle, 21.71% of households rent, and 28.54% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Spring Isle is $9,738 per month. Households that rent pay about 24.51% of their income on rent here. Spring Isle’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the neighborhood.

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


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