Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Babson Park area can be challenging. Home prices in Babson Park are now at a median cost of $140,334, lower than the Florida average of $278,762.
The average cost of rent is $996/mo in Babson Park, primarily driven by the current value of real estate in the Babson Park area. While nearly 54.42% of residents own their homes outright in Babson Park, 11.06% rent.
Housing affordability isn’t just about home prices, though. The average household income in Babson Park is $4,775 per month. Households that rent pay about 20.87% of their income on rent here. Babson Park's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Highland Park, FL: higher priced homes
- Hillcrest Heights, FL: less expensive homes
- Nalcrest, FL: less expensive homes
- Lake Wales, FL: higher priced homes
- Frostproof, FL: less expensive homes
- Maxcy Quarters, FL: higher priced homes
- Waverly, FL: higher priced homes
- Fedhaven, FL: less expensive homes
- Alturas, FL: less expensive homes
- Indian Lake Estates, FL: equally priced homes
Cities with Similar Populations
- Freer, TX: less expensive homes
- Trenton, NC: less expensive homes
- Waterville, MN: higher priced homes
- Sebree, KY: less expensive homes
- Riverside, AL: higher priced homes
- Manawa, WI: higher priced homes
- Lame Deer, MT: less expensive homes
- Belle Center, OH: higher priced homes
- Trappe, MD: higher priced homes
- Thompson Falls, MT: higher priced homes
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