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These days, finding an affordable place to live in the Ormond Beach area can be challenging. Home prices in Ormond Beach are now at a median cost of $257,284, lower than the Florida average of $278,762.
The average cost of rent is $1,261/mo in Ormond Beach, primarily driven by the current value of real estate in the Ormond Beach area. While nearly 48.69% of residents own their homes outright in Ormond Beach, 17.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ormond Beach is $5,900 per month. Households that rent pay about 21.38% of their income on rent here. Ormond Beach's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Ormond-by-the-Sea, FL: equally priced homes
- Holly Hill, FL: less expensive homes
- Daytona Beach, FL: equally priced homes
- South Daytona, FL: less expensive homes
- Daytona Highridge Estates, FL: less expensive homes
- Daytona Beach Shores, FL: higher priced homes
- Port Orange, FL: less expensive homes
- Codys Corner, FL: less expensive homes
- DeLeon Springs, FL: less expensive homes
- Barberville, FL: less expensive homes
Cities with Similar Populations
- Fountainebleau, FL: less expensive homes
- Levittown, PA: equally priced homes
- Pocatello, ID: less expensive homes
- Rosemead, CA: higher priced homes
- Howell, MI: equally priced homes
- San Gabriel, CA: higher priced homes
- Hendersonville, NC: equally priced homes
- Hamden, CT: equally priced homes
- Stuart, FL: equally priced homes
- Titusville, FL: less expensive homes
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