Expensive
Affordable
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These days, finding an affordable place to live in the South Bay area can be challenging. Home prices in South Bay are now at a median cost of $126,052, lower than the Florida average of $396,783.
The average cost of rent is $1,005/mo in South Bay, primarily driven by the current value of real estate in the South Bay area. In South Bay, 40.88% of households rent, and 60.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Bay is $4,468 per month. Households that rent pay about 22.49% of their income on rent here. South Bay’s most expensive areas are in the central 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
- Lake Harbor, FL: higher priced homes
- Belle Glade, FL: higher priced homes
- Belle Glade Camp, FL: higher priced homes
- South Clewiston, FL: higher priced homes
- Clewiston, FL: higher priced homes
- Harlem, FL: higher priced homes
- Loxahatchee, FL: higher priced homes
- Montura, FL: higher priced homes
- Loxahatchee Groves, FL: higher priced homes
- The Acreage, FL: higher priced homes
Cities with Similar Populations
- East Walpole, MA: higher priced homes
- Newton, AL: higher priced homes
- East Bernard, TX: higher priced homes
- Newport, MN: higher priced homes
- East Granby, CT: higher priced homes
- East Haddam, CT: higher priced homes
- East Helena, MT: higher priced homes
- East Kingston, NH: higher priced homes
- East Merrimack, NH: higher priced homes
- East Palatka, FL: higher priced homes
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