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These days, finding an affordable place to live in the Florida City area can be challenging. Home prices in Florida City are now at a median cost of $354,606, lower than the Florida average of $396,783.
The average cost of rent is $1,322/mo in Florida City, primarily driven by the current value of real estate in the Florida City area. In Florida City, 62.74% of households rent, and 47.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Florida City is $4,405 per month. Households that rent pay about 30.02% of their income on rent here. Florida City’s most expensive areas are in the northwestern 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
- Homestead, FL: higher priced homes
- Redland, FL: higher priced homes
- Leisure City, FL: less expensive homes
- Naranja, FL: higher priced homes
- Princeton, FL: higher priced homes
- Goulds, FL: higher priced homes
- South Miami Heights, FL: higher priced homes
- Richmond West, FL: higher priced homes
- Perrine, FL: equally priced homes
- Cutler Bay, FL: higher priced homes
Cities with Similar Populations
- Henderson, TX: less expensive homes
- Hammonton, NJ: equally priced homes
- Hampstead, NC: higher priced homes
- Hanahan, SC: equally priced homes
- Hanover, MD: higher priced homes
- Harrison, OH: less expensive homes
- Hartford, WI: equally priced homes
- West Pensacola, FL: less expensive homes
- Hatboro, PA: equally priced homes
- Hayden, ID: higher priced homes
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