The Most Affordable Neighborhoods in Palm City, FL by Home Value

 

Palm City, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Palm City area can be challenging. Home prices in Palm City are now at a median cost of $595,025, higher than the Florida average of $396,783.

The average cost of rent is $2,285/mo in Palm City, primarily driven by the current value of real estate in the Palm City area. In Palm City, 9.15% of households rent, and 42.35% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Palm City is $11,329 per month. Households that rent pay about 20.17% of their income on rent here. Palm City’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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