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Affordable
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These days, finding an affordable place to live in the Lauderdale-by-the-Sea area can be challenging. Home prices in Lauderdale-by-the-Sea are now at a median cost of $701,406, higher than the Florida average of $396,783.
The average cost of rent is $2,432/mo in Lauderdale-by-the-Sea, primarily driven by the current value of real estate in the Lauderdale-by-the-Sea area. In Lauderdale-by-the-Sea, 22.77% of households rent, and 67.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lauderdale-by-the-Sea is $7,718 per month. Households that rent pay about 31.51% of their income on rent here. Lauderdale-by-the-Sea’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sea Ranch Lakes, FL: higher priced homes
- Pompano Beach, FL: less expensive homes
- Oakland Park, FL: less expensive homes
- Wilton Manors, FL: less expensive homes
- Fort Lauderdale, FL: less expensive homes
- Lighthouse Point, FL: equally priced homes
- Hillsboro Beach, FL: equally priced homes
- Lauderdale Lakes, FL: less expensive homes
- North Lauderdale, FL: less expensive homes
- Coconut Creek, FL: less expensive homes
Cities with Similar Populations
- Ridgeville, SC: less expensive homes
- Livingston, LA: less expensive homes
- Livingston, TN: less expensive homes
- Lockwood, MT: less expensive homes
- Longboat Key, FL: higher priced homes
- Lula, GA: less expensive homes
- Luling, TX: less expensive homes
- Lumberton, MS: less expensive homes
- Prescott, WI: less expensive homes
- Ralston, NE: less expensive homes
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