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These days, finding an affordable place to live in the Ellenton area can be challenging. Home prices in Ellenton are now at a median cost of $319,707, lower than the Florida average of $396,783.
The average cost of rent is $1,596/mo in Ellenton, primarily driven by the current value of real estate in the Ellenton area. In Ellenton, 21.29% of households rent, and 49.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ellenton is $6,136 per month. Households that rent pay about 26.01% of their income on rent here. Ellenton’s most expensive areas are in the southwestern 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
- Palmetto, FL: equally priced homes
- Memphis, FL: less expensive homes
- Parrish, FL: higher priced homes
- Gillett, FL: higher priced homes
- Bradenton, FL: higher priced homes
- Terra Ceia, FL: less expensive homes
- South Bradenton, FL: less expensive homes
- West Bradenton, FL: higher priced homes
- Piney Point, FL: equally priced homes
- Bayshore Gardens, FL: less expensive homes
Cities with Similar Populations
- Boonsboro, MD: higher priced homes
- Shiloh, IL: less expensive homes
- Victor, NY: higher priced homes
- California City, CA: less expensive homes
- Brookside, DE: less expensive homes
- Weston, WI: less expensive homes
- White Hall, AR: less expensive homes
- Boulder City, NV: higher priced homes
- Boonton, NJ: higher priced homes
- South Charleston, WV: less expensive homes
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