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Affordable
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These days, finding an affordable place to live in the Shalimar area can be challenging. Home prices in Shalimar are now at a median cost of $458,553, higher than the Florida average of $396,783.
The average cost of rent is $1,914/mo in Shalimar, primarily driven by the current value of real estate in the Shalimar area. In Shalimar, 33.55% of households rent, and 38.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shalimar is $8,456 per month. Households that rent pay about 22.63% of their income on rent here. Shalimar’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lake Lorraine, FL: less expensive homes
- Ocean City, FL: less expensive homes
- Eglin Afb, FL: less expensive homes
- Cinco Bayou, FL: equally priced homes
- Fort Walton Beach, FL: less expensive homes
- Wright, FL: less expensive homes
- Valparaiso, FL: less expensive homes
- Destin, FL: higher priced homes
- Hurlburt Field, FL: higher priced homes
- Niceville, FL: equally priced homes
Cities with Similar Populations
- Sebewaing, MI: less expensive homes
- Livermore Falls, ME: less expensive homes
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- Moscow, TN: less expensive homes
- Moselle, MS: less expensive homes
- Neodesha, KS: less expensive homes
- Prospect, OH: less expensive homes
- Rives Junction, MI: less expensive homes
- Scurry, TX: less expensive homes
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