Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the The Hammocks area can be challenging. Home prices in The Hammocks are now at a median cost of $320,687, higher than the Florida average of $278,762.
The average cost of rent is $1,951/mo in The Hammocks, primarily driven by the current value of real estate in the The Hammocks area. While nearly 32.30% of residents own their homes outright in The Hammocks, 36.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in The Hammocks is $6,659 per month. Households that rent pay about 29.30% of their income on rent here. The Hammocks's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Kendall West, FL: less expensive homes
- The Crossings, FL: equally priced homes
- Country Walk, FL: higher priced homes
- Kendale Lakes, FL: equally priced homes
- Three Lakes, FL: equally priced homes
- Richmond West, FL: equally priced homes
- Richmond Heights, FL: less expensive homes
- Kendall, FL: higher priced homes
- Westwood Lakes, FL: higher priced homes
- Sunset, FL: higher priced homes
Cities with Similar Populations
- San Gabriel, CA: higher priced homes
- Montebello, CA: higher priced homes
- Monterey Park, CA: higher priced homes
- Newport Beach, CA: higher priced homes
- North Bergen, NJ: higher priced homes
- Novato, CA: higher priced homes
- Novi, MI: higher priced homes
- Pico Rivera, CA: higher priced homes
- Pontiac, MI: less expensive homes
- Revere, MA: higher priced homes
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