The Most Affordable Neighborhoods in Grand Ridge, FL by Home Value

These days, finding an affordable place to live in the Grand Ridge area can be challenging. Home prices in Grand Ridge are now at a median cost of $121,555, lower than the Florida average of $396,783.

The average cost of rent is $892/mo in Grand Ridge, primarily driven by the current value of real estate in the Grand Ridge area. In Grand Ridge, 22.24% of households rent, and 61.34% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Grand Ridge is $4,268 per month. Households that rent pay about 20.90% of their income on rent here. Grand Ridge’s most expensive areas are in the northwestern 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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