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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.
Nearby Cities
- Carrabelle, FL: higher priced homes
- Lanark Village, FL: higher priced homes
- Eastpoint, FL: higher priced homes
- Apalachicola, FL: higher priced homes
- Bay City, FL: equally priced homes
- Panacea, FL: higher priced homes
- White City, FL: higher priced homes
- Ward Ridge, FL: higher priced homes
- Port St. Joe, FL: higher priced homes
- Highland View, FL: higher priced homes
Cities with Similar Populations
- Vining, IA: less expensive homes
- Van Horn, WA: higher priced homes
- Vanceville, PA: higher priced homes
- Reiffsburg, IN: less expensive homes
- Reo, IN: higher priced homes
- Henderson, IN: higher priced homes
- Rice Lake, MN: less expensive homes
- Verdella, MO: higher priced homes
- Hazard, NE: higher priced homes
- Hawk Springs, WY: higher priced homes
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