The Most Affordable Neighborhoods in University Park, FL by Home Value

 

University Park, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the University Park area can be challenging. Home prices in University Park are now at a median cost of $344,488, higher than the Florida average of $278,762.

The average cost of rent is $1,616/mo in University Park, primarily driven by the current value of real estate in the University Park area. While nearly 45.75% of residents own their homes outright in University Park, 37.64% rent.

Housing affordability isn’t just about home prices, though. The average household income in University Park is $5,400 per month. Households that rent pay about 29.92% of their income on rent here. University Park's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.


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