
Affordable
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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.
Nearby Cities
- Stuart, FL: less expensive homes
- Jensen Beach, FL: less expensive homes
- Ocean Breeze Park, FL: less expensive homes
- Sewalls Point, FL: higher priced homes
- Port Salerno, FL: less expensive homes
- Hobe Sound, FL: less expensive homes
- Port St. Lucie, FL: less expensive homes
- Hutchinson Island South, FL: less expensive homes
- Jupiter Island, FL: higher priced homes
- Indiantown, FL: less expensive homes
Cities with Similar Populations
- Livingston, NJ: higher priced homes
- Raytown, MO: less expensive homes
- Quakertown, PA: less expensive homes
- Poulsbo, WA: equally priced homes
- Port Chester, NY: equally priced homes
- Poplar Bluff, MO: less expensive homes
- Ponchatoula, LA: less expensive homes
- Ozark, MO: less expensive homes
- Mercedes, TX: less expensive homes
- Mebane, NC: less expensive homes
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