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Affordable
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These days, finding an affordable place to live in the Bonifay area can be challenging. Home prices in Bonifay are now at a median cost of $135,765, lower than the Florida average of $396,783.
The average cost of rent is $862/mo in Bonifay, primarily driven by the current value of real estate in the Bonifay area. In Bonifay, 27.71% of households rent, and 63.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bonifay is $3,992 per month. Households that rent pay about 21.59% of their income on rent here. Bonifay’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Noma, FL: less expensive homes
- Caryville, FL: less expensive homes
- Whitehead Crossroads, FL: equally priced homes
- Izagora, FL: less expensive homes
- Holland Crossroads, FL: less expensive homes
- New Hope, FL: higher priced homes
- Cerrogordo, FL: less expensive homes
- Esto, FL: less expensive homes
- Chipley, FL: higher priced homes
- Graceville, FL: equally priced homes
Cities with Similar Populations
- Bellefontaine Neighbors, MO: less expensive homes
- Willits, CA: higher priced homes
- Whiting, IN: higher priced homes
- Westwood, MI: higher priced homes
- Bath, PA: higher priced homes
- Baxley, GA: less expensive homes
- Weston, MA: higher priced homes
- West Point, UT: higher priced homes
- West Olive, MI: higher priced homes
- Waynesboro, GA: higher priced homes
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