The Most Affordable Neighborhoods in Ocean Springs, FL by Home Value

 

Ocean Springs, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ocean Springs area can be challenging. Home prices in Ocean Springs are now at a median cost of $502,900, higher than the Florida average of $278,762.

The average cost of rent is $2,000/mo in Ocean Springs, primarily driven by the current value of real estate in the Ocean Springs area. While nearly 26.77% of residents own their homes outright in Ocean Springs, 30.22% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ocean Springs is $7,278 per month. Households that rent pay about 27.48% of their income on rent here. Ocean Springs's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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