The Most Affordable Neighborhoods in Gandy-Sun Bay South, Tampa, FL by Home Value

 

Gandy-Sun Bay South, Tampa, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Gandy-Sun Bay South area can be challenging. Home prices in Gandy-Sun Bay South are now at a median cost of $469,488, higher than the Tampa average of $371,982.

The average cost of rent is $1,936/mo in Gandy-Sun Bay South, primarily driven by the current value of real estate in the Gandy-Sun Bay South area. In Gandy-Sun Bay South, 56.59% of households rent, and 43.26% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Gandy-Sun Bay South is $6,939 per month. Households that rent pay about 27.90% of their income on rent here. Gandy-Sun Bay South’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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