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These days, finding an affordable place to live in the Sebastian area can be challenging. Home prices in Sebastian are now at a median cost of $313,640, lower than the Florida average of $396,783.
The average cost of rent is $1,701/mo in Sebastian, primarily driven by the current value of real estate in the Sebastian area. In Sebastian, 15.04% of households rent, and 49.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sebastian is $5,582 per month. Households that rent pay about 30.47% of their income on rent here. Sebastian’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Roseland, FL: equally priced homes
- Wabasso, FL: higher priced homes
- Orchid, FL: higher priced homes
- Micco, FL: less expensive homes
- Fellsmere, FL: equally priced homes
- Indian River Shores, FL: higher priced homes
- Gifford, FL: higher priced homes
- Vero Beach, FL: higher priced homes
- West Vero Corridor, FL: less expensive homes
- Vero Beach South, FL: equally priced homes
Cities with Similar Populations
- Parrish, FL: higher priced homes
- Muscatine, IA: less expensive homes
- Naranjito, PR: less expensive homes
- Natchez, MS: less expensive homes
- Nazareth, PA: higher priced homes
- New London, CT: less expensive homes
- North Attleboro, MA: higher priced homes
- North Platte, NE: less expensive homes
- Oxford, MI: higher priced homes
- Pacific Palisades, CA: higher priced homes
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