The Most Affordable Neighborhoods in Gulf Gate Estates, FL by Home Value

 

Gulf Gate Estates, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Gulf Gate Estates area can be challenging. Home prices in Gulf Gate Estates are now at a median cost of $336,570, lower than the Florida average of $396,783.

The average cost of rent is $2,007/mo in Gulf Gate Estates, primarily driven by the current value of real estate in the Gulf Gate Estates area. In Gulf Gate Estates, 49.56% of households rent, and 49.95% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Gulf Gate Estates is $5,125 per month. Households that rent pay about 39.17% of their income on rent here. Gulf Gate Estates’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern 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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