
Home Price Key
These days, finding an affordable place to live in the Longboat Key area can be challenging. Home prices in Longboat Key are now at a median cost of $711,544, higher than the Florida average of $278,762.
The average cost of rent is $2,327/mo in Longboat Key, primarily driven by the current value of real estate in the Longboat Key area. While nearly 71.69% of residents own their homes outright in Longboat Key, 6.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in Longboat Key is $8,751 per month. Households that rent pay about 26.59% of their income on rent here. Longboat Key's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Bayshore Gardens, FL: less expensive homes
- South Bradenton, FL: less expensive homes
- North Sarasota, FL: less expensive homes
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- Siesta Key, FL: higher priced homes
- South Sarasota, FL: less expensive homes
- Southgate, FL: less expensive homes
- Bradenton, FL: less expensive homes
- Sarasota, FL: less expensive homes
- Sarasota Springs, FL: less expensive homes
Cities with Similar Populations
- Somers, NY: less expensive homes
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- Snow Camp, NC: less expensive homes
- Snowflake, AZ: less expensive homes
- Snyderville, UT: higher priced homes
- Solvay, NY: less expensive homes
- Simsbury, CT: less expensive homes
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