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Affordable
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These days, finding an affordable place to live in the Placida area can be challenging. Home prices in Placida are now at a median cost of $623,653, higher than the Florida average of $396,783.
The average cost of rent is $1,300/mo in Placida, primarily driven by the current value of real estate in the Placida area. In Placida, 13.14% of households rent, and 69.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Placida is $6,385 per month. Households that rent pay about 20.36% of their income on rent here. Placida’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rotonda, FL: less expensive homes
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- Manasota Key, FL: equally priced homes
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- Charlotte Park, FL: less expensive homes
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Cities with Similar Populations
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- Quartzsite, AZ: less expensive homes
- Purdy, MO: less expensive homes
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