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These days, finding an affordable place to live in the Morriston area can be challenging. Home prices in Morriston are now at a median cost of $295,100, lower than the Florida average of $396,783.
The average cost of rent is $716/mo in Morriston, primarily driven by the current value of real estate in the Morriston area. In Morriston, 14.90% of households rent, and 67.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morriston is $5,809 per month. Households that rent pay about 12.32% of their income on rent here. Morriston’s most expensive areas are in the northeastern 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
- Montbrook, FL: less expensive homes
- Romeo, FL: higher priced homes
- Williston Highlands, FL: less expensive homes
- Williston, FL: less expensive homes
- Fellowship, FL: higher priced homes
- Fairfield, FL: higher priced homes
- Gulf Hammock, FL: less expensive homes
- Reddick, FL: less expensive homes
- Otter Creek, FL: less expensive homes
- Ocala, FL: equally priced homes
Cities with Similar Populations
- Butler, IN: less expensive homes
- Calera, OK: less expensive homes
- Caledonia, NY: less expensive homes
- Russell, KY: less expensive homes
- Lakeview, MI: less expensive homes
- Contoocook, NH: higher priced homes
- Oak Hill, OH: less expensive homes
- Cache, OK: less expensive homes
- Lake Panasoffkee, FL: less expensive homes
- Byron, MI: less expensive homes
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