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These days, finding an affordable place to live in the Spring Lake area can be challenging. Home prices in Spring Lake are now at a median cost of $364,137, lower than the Florida average of $396,783.
The average cost of rent is $894/mo in Spring Lake, primarily driven by the current value of real estate in the Spring Lake area. In Spring Lake, 4.80% of households rent, and 47.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spring Lake is $6,493 per month. Households that rent pay about 13.77% of their income on rent here. Spring Lake’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- St. Joseph, FL: higher priced homes
- Trilby, FL: less expensive homes
- South Brooksville, FL: less expensive homes
- Darby, FL: higher priced homes
- Brooksville, FL: less expensive homes
- Ridge Manor, FL: less expensive homes
- St. Leo, FL: higher priced homes
- Dade City, FL: less expensive homes
- San Antonio, FL: equally priced homes
- Richloam, FL: less expensive homes
Cities with Similar Populations
- Autaugaville, AL: less expensive homes
- Longville, MN: equally priced homes
- Roach, MO: less expensive homes
- Readlyn, IA: less expensive homes
- Pinola, MS: less expensive homes
- Niederwald, TX: less expensive homes
- New Lexington, AL: less expensive homes
- New Deal, TX: less expensive homes
- Mormon Bar, CA: higher priced homes
- Montezuma, KS: less expensive homes
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