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Affordable
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These days, finding an affordable place to live in the Tavares area can be challenging. Home prices in Tavares are now at a median cost of $270,132, lower than the Florida average of $396,783.
The average cost of rent is $1,465/mo in Tavares, primarily driven by the current value of real estate in the Tavares area. In Tavares, 22.15% of households rent, and 53.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tavares is $5,602 per month. Households that rent pay about 26.15% of their income on rent here. Tavares’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mount Dora, FL: higher priced homes
- Sunnyside, FL: higher priced homes
- Lake Jem, FL: equally priced homes
- Astatula, FL: equally priced homes
- Orange Bend, FL: less expensive homes
- Yalaha, FL: higher priced homes
- Grand Island, FL: higher priced homes
- Eustis, FL: equally priced homes
- Leesburg, FL: less expensive homes
- Howey-in-the-Hills, FL: higher priced homes
Cities with Similar Populations
- Camuy, PR: less expensive homes
- Blackfoot, ID: equally priced homes
- Washougal, WA: higher priced homes
- Bourbonnais, IL: less expensive homes
- Brainerd, MN: equally priced homes
- Washington, MI: higher priced homes
- Washington, IL: less expensive homes
- Wahiawa, HI: higher priced homes
- Bronxville, NY: higher priced homes
- Brookings, SD: equally priced homes
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