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These days, finding an affordable place to live in the Port Charlotte area can be challenging. Home prices in Port Charlotte are now at a median cost of $235,118, lower than the Florida average of $278,762.
The average cost of rent is $1,177/mo in Port Charlotte, primarily driven by the current value of real estate in the Port Charlotte area. While nearly 51.10% of residents own their homes outright in Port Charlotte, 13.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Port Charlotte is $5,226 per month. Households that rent pay about 22.53% of their income on rent here. Port Charlotte's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Charlotte Harbor, FL: less expensive homes
- El Jobean, FL: less expensive homes
- North Port, FL: equally priced homes
- Harbour Heights, FL: higher priced homes
- Charlotte Park, FL: equally priced homes
- Punta Gorda, FL: higher priced homes
- Cleveland, FL: less expensive homes
- Platt, FL: less expensive homes
- Warm Mineral Springs, FL: less expensive homes
- Rotonda West, FL: higher priced homes
Cities with Similar Populations
- Toms River, NJ: higher priced homes
- Traverse City, MI: higher priced homes
- Tonawanda, NY: less expensive homes
- Troy, MI: higher priced homes
- Thornton, CO: higher priced homes
- Tyler, TX: less expensive homes
- Tucson, AZ: equally priced homes
- Tuscaloosa, AL: higher priced homes
- Tracy, CA: higher priced homes
- Union City, CA: higher priced homes
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