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These days, finding an affordable place to live in the Hernando Beach area can be challenging. Home prices in Hernando Beach are now at a median cost of $280,320, higher than the Florida average of $278,762.
The average cost of rent is $1,049/mo in Hernando Beach, primarily driven by the current value of real estate in the Hernando Beach area. While nearly 61.84% of residents own their homes outright in Hernando Beach, 16.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hernando Beach is $4,988 per month. Households that rent pay about 21.03% of their income on rent here. Hernando Beach's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
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Cities with Similar Populations
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- Strafford, NH: higher priced homes
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- Lilly, PA: less expensive homes
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