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

 

University Park-Jacksonville, Jacksonville, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the University Park-Jacksonville area can be challenging. Home prices in University Park-Jacksonville are now at a median cost of $294,051, lower than the Jacksonville average of $363,577.

The average cost of rent is $1,349/mo in University Park-Jacksonville, primarily driven by the current value of real estate in the University Park-Jacksonville area. In University Park-Jacksonville, 60.40% of households rent, and 49.21% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in University Park-Jacksonville is $5,042 per month. Households that rent pay about 26.75% of their income on rent here. University Park-Jacksonville’s most expensive areas are in the northwestern 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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