Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Boca Grande area can be challenging. Home prices in Boca Grande are now at a median cost of $1,818,732, higher than the Florida average of $278,762.
The average cost of rent is $1,285/mo in Boca Grande, primarily driven by the current value of real estate in the Boca Grande area. While nearly 72.91% of residents own their homes outright in Boca Grande, 0.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Boca Grande is $11,281 per month. Households that rent pay about 11.39% of their income on rent here. Boca Grande's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
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