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These days, finding an affordable place to live in the Marco Island area can be challenging. Home prices in Marco Island are now at a median cost of $958,545, higher than the Florida average of $396,783.
The average cost of rent is $2,224/mo in Marco Island, primarily driven by the current value of real estate in the Marco Island area. In Marco Island, 10.74% of households rent, and 67.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Marco Island is $9,409 per month. Households that rent pay about 23.64% of their income on rent here. Marco Island’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
- Goodland, FL: less expensive homes
- Copeland, FL: less expensive homes
- Everglades, FL: less expensive homes
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- Plantation Island, FL: less expensive homes
- Chokoloskee, FL: less expensive homes
- Ochopee, FL: less expensive homes
- Southwest Ranches, FL: equally priced homes
- Doral, FL: less expensive homes
- Hialeah Gardens, FL: less expensive homes
Cities with Similar Populations
- Centralia, IL: less expensive homes
- Trenton, OH: less expensive homes
- Tuckerton, NJ: less expensive homes
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- Vermilion, OH: less expensive homes
- Clio, MI: less expensive homes
- Clearlake, CA: less expensive homes
- Clayton, MO: equally priced homes
- Claymont, DE: less expensive homes
- Clark, NJ: less expensive homes
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