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Affordable
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These days, finding an affordable place to live in the South Beach area can be challenging. Home prices in South Beach are now at a median cost of $658,741, higher than the Fort Pierce average of $298,233.
The average cost of rent is $2,321/mo in South Beach, primarily driven by the current value of real estate in the South Beach area. In South Beach, 13.98% of households rent, and 64.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Beach is $10,587 per month. Households that rent pay about 21.92% of their income on rent here. South Beach’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- White City, Fort Pierce, FL: less expensive homes
- River Park, Port St. Lucie, FL: less expensive homes
- St. Lucie West, Port St. Lucie, FL: less expensive homes
- The Reserve, Port St. Lucie, FL: less expensive homes
- Tradition, Port St. Lucie, FL: less expensive homes
- North River Shores, Stuart, FL: less expensive homes
- Golden Gate, Stuart, FL: less expensive homes
- Holiday Park, Palm Bay, FL: less expensive homes
- Lockmar Estates, Palm Bay, FL: less expensive homes
- Lake Marion Village, Poinciana, FL: less expensive homes
Neighborhoods with Similar Populations
- Barnaby Woods, Washington, DC: higher priced homes
- Ardenwood, Fremont, CA: higher priced homes
- Cabbage Town, Atlanta, GA: equally priced homes
- Lincoln Park, Washington, DC: higher priced homes
- Walnut Valley, Little Rock, AR: less expensive homes
- Marina, San Diego, CA: higher priced homes
- middletown, Bethlehem, PA: less expensive homes
- Miramar, San Diego, CA: higher priced homes
- Mission-Foothill, Hayward, CA: higher priced homes
- N Albuquerque Acres, Albuquerque, NM: higher priced homes
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