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Affordable
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These days, finding an affordable place to live in the Payne Beach area can be challenging. Home prices in Payne Beach are now at a median cost of $242,040, lower than the New York average of $610,895.
The average cost of rent is $1,458/mo in Payne Beach, primarily driven by the current value of real estate in the Payne Beach area. In Payne Beach, 1.09% of households rent, and 40.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Payne Beach is $8,853 per month. Households that rent pay about 16.47% of their income on rent here. Payne Beach’s most expensive areas are in the central 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
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Cities with Similar Populations
- West Days, MS: equally priced homes
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- Westland, IN: higher priced homes
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