The Most Affordable Neighborhoods in Villages of Palm Beach Lakes, West Palm Beach, FL by Home Value

 

Villages of Palm Beach Lakes, West Palm Beach, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Villages of Palm Beach Lakes area can be challenging. Home prices in Villages of Palm Beach Lakes are now at a median cost of $210,436, lower than the West Palm Beach average of $259,122.

The average cost of rent is $1,494/mo in Villages of Palm Beach Lakes, primarily driven by the current value of real estate in the Villages of Palm Beach Lakes area. While nearly 41.45% of residents own their homes outright in Villages of Palm Beach Lakes, 55.93% rent.

Housing affordability isn’t just about home prices, though. The average household income in Villages of Palm Beach Lakes is $5,402 per month. Households that rent pay about 27.66% of their income on rent here. Villages of Palm Beach Lakes's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the neighborhood.


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