Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palatka area can be challenging. Home prices in Palatka are now at a median cost of $130,839, lower than the Florida average of $278,762.
The average cost of rent is $770/mo in Palatka, primarily driven by the current value of real estate in the Palatka area. While nearly 51.45% of residents own their homes outright in Palatka, 48.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palatka is $3,250 per month. Households that rent pay about 23.70% of their income on rent here. Palatka's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Lundy, FL: less expensive homes
- East Palatka, FL: higher priced homes
- Orange Mills, FL: higher priced homes
- San Mateo, FL: equally priced homes
- Satsuma, FL: less expensive homes
- Yelvington, FL: higher priced homes
- Hollister, FL: less expensive homes
- Bardin, FL: less expensive homes
- Saratoga, FL: less expensive homes
- Bostwick, FL: higher priced homes
Cities with Similar Populations
- Abingdon, VA: higher priced homes
- Canton, MA: higher priced homes
- Washington, IL: higher priced homes
- Bainbridge Island, WA: higher priced homes
- Avon Park, FL: equally priced homes
- Augusta, ME: higher priced homes
- Auburn, ME: higher priced homes
- Auburn Hills, MI: higher priced homes
- Arden, NC: higher priced homes
- Antioch, IL: higher priced homes
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