
Affordable
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These days, finding an affordable place to live in the Theressa area can be challenging. Home prices in Theressa are now at a median cost of $276,184, lower than the Florida average of $396,783.
The average cost of rent is $821/mo in Theressa, primarily driven by the current value of real estate in the Theressa area. In Theressa, 18.71% of households rent, and 46.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Theressa is $5,548 per month. Households that rent pay about 14.80% of their income on rent here. Theressa’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hampton, FL: equally priced homes
- Keystone Heights, FL: less expensive homes
- Waldo, FL: less expensive homes
- Starke, FL: less expensive homes
- Orange Heights, FL: less expensive homes
- Melrose, FL: less expensive homes
- Earleton, FL: less expensive homes
- Graham, FL: less expensive homes
- Grandin, FL: less expensive homes
- Florahome, FL: less expensive homes
Cities with Similar Populations
- Upper Lisle, NY: less expensive homes
- Dexter, KS: less expensive homes
- Dixie, MS: less expensive homes
- Easton, IL: less expensive homes
- Suwannee Valley, FL: less expensive homes
- Tovey, IL: less expensive homes
- Trevilians, VA: equally priced homes
- Tuscarora, PA: less expensive homes
- Union, TX: less expensive homes
- Union, WI: higher priced homes
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