The Most Affordable Neighborhoods in Carrabelle Beach, FL by Home Value

 

Carrabelle Beach, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Carrabelle Beach area can be challenging. Home prices in Carrabelle Beach are now at a median cost of $176,292, lower than the Florida average of $396,783.

The average cost of rent is $2,116/mo in Carrabelle Beach, primarily driven by the current value of real estate in the Carrabelle Beach area. In Carrabelle Beach, 6.51% of households rent, and 64.79% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Carrabelle Beach is $4,946 per month. Households that rent pay about 42.78% of their income on rent here. Carrabelle Beach’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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