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These days, finding an affordable place to live in the Palm Valley area can be challenging. Home prices in Palm Valley are now at a median cost of $758,001, higher than the Florida average of $396,783.
The average cost of rent is $2,360/mo in Palm Valley, primarily driven by the current value of real estate in the Palm Valley area. In Palm Valley, 18.89% of households rent, and 39.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Palm Valley is $11,816 per month. Households that rent pay about 19.98% of their income on rent here. Palm Valley’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Jacksonville Beach, FL: less expensive homes
- Ponte Vedra Beach, FL: higher priced homes
- Ponte Vedra, FL: less expensive homes
- Neptune Beach, FL: less expensive homes
- Atlantic Beach, FL: less expensive homes
- Fruit Cove, FL: less expensive homes
- Jacksonville, FL: less expensive homes
- Bellair-Meadowbrook Terrace, FL: less expensive homes
- Orange Park, FL: less expensive homes
- Lakeside, FL: less expensive homes
Cities with Similar Populations
- Salem, OH: less expensive homes
- Ottawa, IL: less expensive homes
- Oxon Hill, MD: less expensive homes
- Parma Heights, OH: less expensive homes
- Rancho San Diego, CA: higher priced homes
- Republic, MO: less expensive homes
- River Falls, WI: less expensive homes
- Rocky Hill, CT: less expensive homes
- Rocky River, OH: less expensive homes
- Rosamond, CA: less expensive homes
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