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These days, finding an affordable place to live in the Punta Gorda area can be challenging. Home prices in Punta Gorda are now at a median cost of $304,583, higher than the Florida average of $278,762.
The average cost of rent is $1,371/mo in Punta Gorda, primarily driven by the current value of real estate in the Punta Gorda area. While nearly 53.68% of residents own their homes outright in Punta Gorda, 13.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in Punta Gorda is $5,946 per month. Households that rent pay about 23.05% of their income on rent here. Punta Gorda's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- El Jobean, FL: less expensive homes
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- Platt, FL: less expensive homes
- Fort Ogden, FL: less expensive homes
- North Port, FL: less expensive homes
- Rotonda West, FL: equally priced homes
Cities with Similar Populations
- Lufkin, TX: less expensive homes
- Goshen, IN: less expensive homes
- Grand Island, NE: less expensive homes
- Westfield, IN: higher priced homes
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- Jackson, NJ: higher priced homes
- Kentwood, MI: less expensive homes
- Kernersville, NC: less expensive homes
- Kyle, TX: less expensive homes
- Glen Allen, VA: higher priced homes
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