Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Townsend area can be challenging. Home prices in Townsend are now at a median cost of $118,773, lower than the Florida average of $278,762.
The average cost of rent is $702/mo in Townsend, primarily driven by the current value of real estate in the Townsend area. While nearly 42.40% of residents own their homes outright in Townsend, 16.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in Townsend is $4,715 per month. Households that rent pay about 14.88% of their income on rent here. Townsend's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Mayo Junction, FL: higher priced homes
- Luraville, FL: equally priced homes
- Mayo, FL: equally priced homes
- Lancaster, FL: higher priced homes
- Dekle Beach, FL: higher priced homes
- Nutall Rise, FL: higher priced homes
- Day, FL: equally priced homes
- Newburn, FL: higher priced homes
- Perry, FL: less expensive homes
- Live Oak, FL: equally priced homes
Cities with Similar Populations
- Beach Haven, NJ: higher priced homes
- Bruce, WI: higher priced homes
- Castile, NY: less expensive homes
- Cibecue, AZ: less expensive homes
- Pomfret, MD: higher priced homes
- Shell Rock, IA: higher priced homes
- Shell Bluff, GA: less expensive homes
- Shady Point, OK: higher priced homes
- Santa Margarita, CA: higher priced homes
- Sandy Hook, VA: higher priced homes
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