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Affordable
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These days, finding an affordable place to live in the Sorrento area can be challenging. Home prices in Sorrento are now at a median cost of $447,257, higher than the Florida average of $396,783.
The average cost of rent is $1,792/mo in Sorrento, primarily driven by the current value of real estate in the Sorrento area. In Sorrento, 7.94% of households rent, and 36.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sorrento is $10,124 per month. Households that rent pay about 17.70% of their income on rent here. Sorrento’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
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Cities with Similar Populations
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