Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cinco Bayou area can be challenging. Home prices in Cinco Bayou are now at a median cost of $338,306, higher than the Florida average of $278,762.
The average cost of rent is $1,235/mo in Cinco Bayou, primarily driven by the current value of real estate in the Cinco Bayou area. While nearly 33.75% of residents own their homes outright in Cinco Bayou, 27.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cinco Bayou is $5,621 per month. Households that rent pay about 21.97% of their income on rent here. Cinco Bayou's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Fort Walton Beach, FL: less expensive homes
- Ocean City, FL: less expensive homes
- Wright, FL: less expensive homes
- Lake Lorraine, FL: equally priced homes
- Shalimar, FL: equally priced homes
- Eglin Afb, FL: less expensive homes
- Hurlburt Field, FL: higher priced homes
- Mary Esther, FL: less expensive homes
- Destin, FL: higher priced homes
- Valparaiso, FL: less expensive homes
Cities with Similar Populations
- Sheffield, VT: less expensive homes
- Winter Harbor, ME: less expensive homes
- Revive, MS: less expensive homes
- Wise Forks, NC: less expensive homes
- Rexville, WA: higher priced homes
- Caddo, KY: less expensive homes
- Bureau, IL: less expensive homes
- Brush Valley, PA: less expensive homes
- Brookfield, NY: less expensive homes
- Rosebud, MT: less expensive homes
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