Expensive
Affordable
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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 $1,041,536, higher than the Florida average of $396,783.
The average cost of rent is $3,351/mo in Longboat Key, primarily driven by the current value of real estate in the Longboat Key area. In Longboat Key, 6.37% of households rent, and 69.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Longboat Key is $12,858 per month. Households that rent pay about 26.06% of their income on rent here. Longboat Key’s most expensive areas are in the southeastern 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
- Bayshore Gardens, FL: less expensive homes
- South Bradenton, FL: less expensive homes
- North Sarasota, FL: less expensive homes
- Bradenton Beach, FL: less expensive homes
- 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
- Slaton, TX: less expensive homes
- Smiths, AL: less expensive homes
- Smiths Station, AL: less expensive homes
- Smithville, NJ: less expensive homes
- 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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