Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lower Grand Lagoon area can be challenging. Home prices in Lower Grand Lagoon are now at a median cost of $263,907, lower than the Florida average of $278,762.
The average cost of rent is $1,157/mo in Lower Grand Lagoon, primarily driven by the current value of real estate in the Lower Grand Lagoon area. While nearly 49.01% of residents own their homes outright in Lower Grand Lagoon, 33.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lower Grand Lagoon is $5,425 per month. Households that rent pay about 21.32% of their income on rent here. Lower Grand Lagoon's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Upper Grand Lagoon, FL: equally priced homes
- West Bay, FL: higher priced homes
- Pretty Bayou, FL: equally priced homes
- Panama City Beach, FL: higher priced homes
- Panama City, FL: less expensive homes
- Lynn Haven, FL: less expensive homes
- Springfield, FL: less expensive homes
- Tyndall AFB, FL: less expensive homes
- Parker, FL: less expensive homes
- Callaway, FL: less expensive homes
Cities with Similar Populations
- Six Mile, SC: equally priced homes
- Big Pine Key, FL: higher priced homes
- Otisville, MI: less expensive homes
- Minster, OH: equally priced homes
- Marmora, NJ: higher priced homes
- Atoka, OK: less expensive homes
- Westby, WI: less expensive homes
- Sandusky, MI: less expensive homes
- Nassau, NY: less expensive homes
- French Camp, CA: higher priced homes
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