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These days, finding an affordable place to live in the Cloud Lake area can be challenging. Home prices in Cloud Lake are now at a median cost of $440,500, higher than the Florida average of $396,783.
The average cost of rent is $1,758/mo in Cloud Lake, primarily driven by the current value of real estate in the Cloud Lake area. In Cloud Lake, 19.22% of households rent, and 54.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cloud Lake is $6,589 per month. Households that rent pay about 26.68% of their income on rent here. Cloud Lake’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Glen Ridge, FL: equally priced homes
- Lake Clarke Shores, FL: higher priced homes
- Westgate, FL: less expensive homes
- Palm Beach, FL: higher priced homes
- Palm Springs, FL: less expensive homes
- Acacia Villas, FL: less expensive homes
- Haverhill, FL: less expensive homes
- West Palm Beach, FL: less expensive homes
- Greenacres, FL: less expensive homes
- Mangonia Park, FL: less expensive homes
Cities with Similar Populations
- Mellow Valley, AL: less expensive homes
- Matinicus, ME: higher priced homes
- Maxie, VA: less expensive homes
- Maxville, IN: less expensive homes
- Maxwell, KY: less expensive homes
- Mayberry, IL: less expensive homes
- Mayflower, LA: less expensive homes
- Mc Clurg, MO: less expensive homes
- Mc Intosh, ND: less expensive homes
- McGuire Park, WV: less expensive homes
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