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Affordable
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These days, finding an affordable place to live in the Shady Rest area can be challenging. Home prices in Shady Rest are now at a median cost of $214,793, lower than the Florida average of $396,783.
The average cost of rent is $1,168/mo in Shady Rest, primarily driven by the current value of real estate in the Shady Rest area. In Shady Rest, 13.42% of households rent, and 33.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shady Rest is $4,161 per month. Households that rent pay about 28.08% of their income on rent here. Shady Rest’s most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Scotland, FL: higher priced homes
- Quincy, FL: less expensive homes
- Douglas City, FL: less expensive homes
- Hinson, FL: less expensive homes
- Havana, FL: equally priced homes
- Midway, FL: less expensive homes
- Gretna, FL: less expensive homes
- Mount Pleasant, FL: less expensive homes
- Gibson, FL: equally priced homes
- Sawdust, FL: less expensive homes
Cities with Similar Populations
- Bethany, LA: equally priced homes
- Boling, TX: equally priced homes
- Bonneauville, PA: equally priced homes
- Boydton, VA: higher priced homes
- Bridgewater, CT: higher priced homes
- Colerain, NC: less expensive homes
- Cleveland, MN: higher priced homes
- Randolph, ME: less expensive homes
- Port Royal, TN: higher priced homes
- Port Tobacco, MD: higher priced homes
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