The Most Affordable Neighborhoods in Cottondale, FL by Home Value

These days, finding an affordable place to live in the Cottondale area can be challenging. Home prices in Cottondale are now at a median cost of $134,608, lower than the Florida average of $396,783.

The average cost of rent is $1,084/mo in Cottondale, primarily driven by the current value of real estate in the Cottondale area. In Cottondale, 21.34% of households rent, and 60.46% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cottondale is $4,069 per month. Households that rent pay about 26.64% of their income on rent here. Cottondale’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern 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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