The Most Affordable Neighborhoods in Riviera Bay, St. Petersburg, FL by Home Value

 

Riviera Bay, St. Petersburg, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Riviera Bay area can be challenging. Home prices in Riviera Bay are now at a median cost of $439,697, higher than the St. Petersburg average of $431,991.

The average cost of rent is $1,454/mo in Riviera Bay, primarily driven by the current value of real estate in the Riviera Bay area. In Riviera Bay, 34.84% of households rent, and 36.50% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Riviera Bay is $8,690 per month. Households that rent pay about 16.73% of their income on rent here. Riviera Bay’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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