The Most Affordable Neighborhoods in Madeira Beach, FL by Home Value

 

Madeira Beach, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Madeira Beach area can be challenging. Home prices in Madeira Beach are now at a median cost of $710,533, higher than the Florida average of $396,783.

The average cost of rent is $2,390/mo in Madeira Beach, primarily driven by the current value of real estate in the Madeira Beach area. In Madeira Beach, 33.96% of households rent, and 55.77% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Madeira Beach is $6,810 per month. Households that rent pay about 35.09% of their income on rent here. Madeira Beach’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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