
Expensive
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off
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 $435,737, higher than the Florida average of $396,783.
The average cost of rent is $2,069/mo in Balm, primarily driven by the current value of real estate in the Balm area. In Balm, 9.82% of households rent, and 31.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Balm is $9,558 per month. Households that rent pay about 21.65% of their income on rent here. Balm’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wimauma, FL: less expensive homes
- Riverview, FL: less expensive homes
- Sun City Center, FL: less expensive homes
- Apollo Beach, FL: equally priced homes
- Gibsonton, FL: less expensive homes
- Fish Hawk, FL: higher priced homes
- Bloomingdale, FL: equally priced homes
- Gardenville, FL: less expensive homes
- Ruskin, FL: less expensive homes
- Fort Lonesome, FL: equally priced homes
Cities with Similar Populations
- Hicksville, OH: less expensive homes
- Cedarville, OH: less expensive homes
- Hauula, HI: higher priced homes
- Hawaiian Ocean View, HI: less expensive homes
- Novelty, OH: less expensive homes
- Castalian Springs, TN: less expensive homes
- Hebron, OH: less expensive homes
- Norton, VA: less expensive homes
- Hemingway, SC: less expensive homes
- Northfield, VT: less expensive homes
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