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Affordable
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These days, finding an affordable place to live in the Okeechobee area can be challenging. Home prices in Okeechobee are now at a median cost of $229,375, lower than the Florida average of $396,783.
The average cost of rent is $1,032/mo in Okeechobee, primarily driven by the current value of real estate in the Okeechobee area. In Okeechobee, 24.68% of households rent, and 56.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Okeechobee is $5,260 per month. Households that rent pay about 19.62% of their income on rent here. Okeechobee’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
- Taylor Creek, FL: less expensive homes
- Port Mayaca, FL: less expensive homes
- Port St. Lucie, FL: higher priced homes
- Indian River Estates, FL: higher priced homes
- Lake Placid, FL: equally priced homes
- Palm City, FL: higher priced homes
- Ankona, FL: equally priced homes
- Venus, FL: less expensive homes
- Jensen Beach, FL: higher priced homes
- Ocean Breeze Park, FL: less expensive homes
Cities with Similar Populations
- Carlsbad, NM: equally priced homes
- Newburgh, IN: higher priced homes
- Redan, GA: equally priced homes
- Randolph, MA: higher priced homes
- Port Angeles, WA: higher priced homes
- Pleasant Hill, CA: higher priced homes
- Pleasant Grove, UT: higher priced homes
- Paragould, AR: less expensive homes
- Palmetto, FL: higher priced homes
- Oildale, CA: equally priced homes
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