Home Price Key
Affordable
Average
Expensive
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 $95,057, lower than the Florida average of $278,762.
The average cost of rent is $848/mo in South Bay, primarily driven by the current value of real estate in the South Bay area. While nearly 60.29% of residents own their homes outright in South Bay, 42.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Bay is $4,015 per month. Households that rent pay about 21.12% of their income on rent here. South Bay's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
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: equally priced homes
- Loxahatchee, FL: higher priced homes
- Montura, FL: equally 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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