The Most Affordable Neighborhoods in Temple Terrace, FL by Home Value

 

Temple Terrace, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Temple Terrace area can be challenging. Home prices in Temple Terrace are now at a median cost of $223,790, lower than the Florida average of $278,762.

The average cost of rent is $1,164/mo in Temple Terrace, primarily driven by the current value of real estate in the Temple Terrace area. While nearly 43.71% of residents own their homes outright in Temple Terrace, 56.06% rent.

Housing affordability isn’t just about home prices, though. The average household income in Temple Terrace is $4,732 per month. Households that rent pay about 24.59% of their income on rent here. Temple Terrace's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.


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