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Affordable
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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 $390,629, lower than the Florida average of $396,783.
The average cost of rent is $1,732/mo in Punta Gorda, primarily driven by the current value of real estate in the Punta Gorda area. In Punta Gorda, 16.17% of households rent, and 55.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Punta Gorda is $7,089 per month. Households that rent pay about 24.44% of their income on rent here. Punta Gorda’s most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- El Jobean, FL: less expensive homes
- Charlotte Park, FL: less expensive homes
- Cleveland, FL: less expensive homes
- Charlotte Harbor, FL: less expensive homes
- Harbour Heights, FL: equally priced homes
- Port Charlotte, FL: less expensive homes
- Platt, FL: less expensive homes
- Fort Ogden, FL: less expensive homes
- North Port, FL: less expensive homes
- Rotonda West, FL: higher 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
- West Haven, CT: less expensive homes
- 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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