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

 

Mexico Beach, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mexico Beach area can be challenging. Home prices in Mexico Beach are now at a median cost of $291,300, higher than the Florida average of $278,762.

The average cost of rent is $1,404/mo in Mexico Beach, primarily driven by the current value of real estate in the Mexico Beach area. While nearly 52.69% of residents own their homes outright in Mexico Beach, 27.18% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mexico Beach is $5,208 per month. Households that rent pay about 26.96% of their income on rent here. Mexico Beach's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.


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