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Affordable
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These days, finding an affordable place to live in the Perdido Key area can be challenging. Home prices in Perdido Key are now at a median cost of $278,300, lower than the Florida average of $396,783.
The average cost of rent is $1,579/mo in Perdido Key, primarily driven by the current value of real estate in the Perdido Key area. In Perdido Key, 36.60% of households rent, and 52.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Perdido Key is $6,386 per month. Households that rent pay about 24.72% of their income on rent here. Perdido Key’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
- Ocean Springs, FL: higher priced homes
- Perdido Beach, AL: higher priced homes
- Lillian, AL: less expensive homes
- Josephine, AL: higher priced homes
- Warrington, FL: less expensive homes
- Myrtle Grove, FL: less expensive homes
- Orange Beach, AL: higher priced homes
- West Pensacola, FL: less expensive homes
- Elberta, AL: less expensive homes
- Pensacola, FL: higher priced homes
Cities with Similar Populations
- Shiloh, WV: less expensive homes
- Lucerne, WV: less expensive homes
- Lucky, PA: less expensive homes
- Mahned, MS: less expensive homes
- Seaman, WV: less expensive homes
- Sentinel, AZ: less expensive homes
- Seward, NY: less expensive homes
- Shackleford, MS: less expensive homes
- Shadowland, TX: less expensive homes
- Shanty Town, NV: less expensive homes
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