Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Balm area can be challenging. Home prices in Balm are now at a median cost of $242,370, lower than the Florida average of $278,762.
The average cost of rent is $1,170/mo in Balm, primarily driven by the current value of real estate in the Balm area. While nearly 43.93% of residents own their homes outright in Balm, 12.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Balm is $7,318 per month. Households that rent pay about 15.98% of their income on rent here. Balm's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Wimauma, FL: equally priced homes
- Riverview, FL: equally priced homes
- Sun City Center, FL: less expensive homes
- Apollo Beach, FL: higher priced homes
- Gibsonton, FL: less expensive homes
- Fish Hawk, FL: higher priced homes
- Bloomingdale, FL: higher priced homes
- Gardenville, FL: less expensive homes
- Ruskin, FL: less expensive homes
- Fort Lonesome, FL: less expensive homes
Cities with Similar Populations
- Hicksville, OH: less expensive homes
- Cedarville, OH: equally priced homes
- Hauula, HI: higher priced homes
- Hawaiian Ocean View, HI: less expensive homes
- Novelty, OH: equally priced homes
- Castalian Springs, TN: equally priced homes
- Hebron, OH: less expensive homes
- Norton, VA: less expensive homes
- Hemingway, SC: less expensive homes
- Northfield, VT: equally priced homes
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