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These days, finding an affordable place to live in the Mayo area can be challenging. Home prices in Mayo are now at a median cost of $170,685, lower than the Florida average of $396,783.
The average cost of rent is $828/mo in Mayo, primarily driven by the current value of real estate in the Mayo area. In Mayo, 26.76% of households rent, and 53.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mayo is $4,795 per month. Households that rent pay about 17.26% of their income on rent here. Mayo’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Luraville, FL: equally priced homes
- Day, FL: equally priced homes
- Townsend, FL: higher priced homes
- Cooks Hammock, FL: less expensive homes
- Mc Alpin, FL: higher priced homes
- O'Brien, FL: higher priced homes
- Branford, FL: equally priced homes
- Dekle Beach, FL: less expensive homes
- Wellborn, FL: higher priced homes
- Hildreth, FL: equally priced homes
Cities with Similar Populations
- Newfield, NY: equally priced homes
- Spring Lake Heights, NJ: higher priced homes
- Columbus, MN: higher priced homes
- Spout Springs, NC: higher priced homes
- Spiro, OK: less expensive homes
- Spirit Lake, ID: higher priced homes
- Newark, TX: higher priced homes
- Hollis Center, ME: higher priced homes
- Spicer, MN: higher priced homes
- Newcastle, WY: higher priced homes
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