The Most Affordable Neighborhoods in Suwannee, FL by Home Value

These days, finding an affordable place to live in the Suwannee area can be challenging. Home prices in Suwannee are now at a median cost of $170,220, lower than the Florida average of $396,783.

The average cost of rent is $810/mo in Suwannee, primarily driven by the current value of real estate in the Suwannee area. In Suwannee, 4.85% of households rent, and 93.25% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Suwannee is $3,995 per month. Households that rent pay about 20.27% of their income on rent here. Suwannee’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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