The Most Affordable Neighborhoods in Siesta Key, FL by Home Value

 

Siesta Key, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Siesta Key area can be challenging. Home prices in Siesta Key are now at a median cost of $978,002, higher than the Florida average of $278,762.

The average cost of rent is $1,897/mo in Siesta Key, primarily driven by the current value of real estate in the Siesta Key area. While nearly 64.81% of residents own their homes outright in Siesta Key, 10.02% rent.

Housing affordability isn’t just about home prices, though. The average household income in Siesta Key is $9,436 per month. Households that rent pay about 20.10% of their income on rent here. Siesta Key's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.


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