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These days, finding an affordable place to live in the Spring Hill area can be challenging. Home prices in Spring Hill are now at a median cost of $288,475, lower than the Florida average of $396,783.
The average cost of rent is $1,622/mo in Spring Hill, primarily driven by the current value of real estate in the Spring Hill area. In Spring Hill, 18.79% of households rent, and 38.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spring Hill is $6,088 per month. Households that rent pay about 26.65% of their income on rent here. Spring Hill’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Weeki Wachee, FL: higher priced homes
- Shady Hills, FL: less expensive homes
- High Point, FL: less expensive homes
- North Weeki Wachee, FL: higher priced homes
- Brookridge, FL: less expensive homes
- Aripeka, FL: higher priced homes
- Hernando Beach, FL: higher priced homes
- Brooksville, FL: less expensive homes
- South Brooksville, FL: less expensive homes
- Hudson, FL: less expensive homes
Cities with Similar Populations
- Ontario, CA: higher priced homes
- Oceanside, CA: higher priced homes
- Norwalk, CA: higher priced homes
- Norwalk, CT: higher priced homes
- Oakland, CA: higher priced homes
- Ocala, FL: equally priced homes
- O'fallon, MO: equally priced homes
- North Port, FL: higher priced homes
- Olympia, WA: higher priced homes
- Fort Pierce, FL: equally priced homes
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