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Affordable
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These days, finding an affordable place to live in the Hobe Sound area can be challenging. Home prices in Hobe Sound are now at a median cost of $532,550, higher than the Florida average of $396,783.
The average cost of rent is $1,437/mo in Hobe Sound, primarily driven by the current value of real estate in the Hobe Sound area. In Hobe Sound, 16.37% of households rent, and 56.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hobe Sound is $6,991 per month. Households that rent pay about 20.55% of their income on rent here. Hobe Sound’s most expensive areas are in the southwestern 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.
Nearby Cities
- Port Salerno, FL: less expensive homes
- Stuart, FL: less expensive homes
- Jupiter Island, FL: higher priced homes
- Sewalls Point, FL: higher priced homes
- Palm City, FL: higher priced homes
- Tequesta, FL: higher priced homes
- Limestone Creek, FL: less expensive homes
- Jupiter Farms, FL: higher priced homes
- Jupiter Inlet Colony, FL: higher priced homes
- Jupiter, FL: higher priced homes
Cities with Similar Populations
- Rock Springs, WY: less expensive homes
- Huntington, IN: less expensive homes
- Imperial, CA: less expensive homes
- Inglewood-Finn Hill, WA: higher priced homes
- Jasper, GA: less expensive homes
- Jesup, GA: less expensive homes
- Johns Island, SC: equally priced homes
- Joshua, TX: less expensive homes
- Lincolnia, VA: higher priced homes
- Lochearn, MD: less expensive homes
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