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These days, finding an affordable place to live in the Niceville area can be challenging. Home prices in Niceville are now at a median cost of $456,270, higher than the Florida average of $396,783.
The average cost of rent is $1,828/mo in Niceville, primarily driven by the current value of real estate in the Niceville area. In Niceville, 21.33% of households rent, and 40.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Niceville is $10,203 per month. Households that rent pay about 17.92% of their income on rent here. Niceville’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Valparaiso, FL: less expensive homes
- Destin, FL: higher priced homes
- Eglin Afb, FL: less expensive homes
- Lake Lorraine, FL: less expensive homes
- Shalimar, FL: equally priced homes
- Miramar Beach, FL: higher priced homes
- Ocean City, FL: less expensive homes
- Cinco Bayou, FL: equally priced homes
- Fort Walton Beach, FL: less expensive homes
- Wright, FL: less expensive homes
Cities with Similar Populations
- West Chicago, IL: less expensive homes
- Ambler, PA: higher priced homes
- American Fork, UT: higher priced homes
- Westlake, OH: less expensive homes
- Bel Air North, MD: equally priced homes
- Bell, CA: higher priced homes
- Bethel Park, PA: less expensive homes
- Cottonwood Heights, UT: higher priced homes
- Boone, NC: less expensive homes
- Brooklyn Center, MN: less expensive homes
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