Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Valparaiso area can be challenging. Home prices in Valparaiso are now at a median cost of $253,675, lower than the Florida average of $278,762.
The average cost of rent is $1,258/mo in Valparaiso, primarily driven by the current value of real estate in the Valparaiso area. While nearly 30.93% of residents own their homes outright in Valparaiso, 42.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in Valparaiso is $5,766 per month. Households that rent pay about 21.81% of their income on rent here. Valparaiso's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Niceville, FL: higher priced homes
- Eglin Afb, FL: equally priced homes
- Lake Lorraine, FL: higher priced homes
- Shalimar, FL: higher priced homes
- Destin, FL: higher priced homes
- Ocean City, FL: higher priced homes
- Cinco Bayou, FL: higher priced homes
- Fort Walton Beach, FL: equally priced homes
- Wright, FL: less expensive homes
- Hurlburt Field, FL: higher priced homes
Cities with Similar Populations
- Chapmansboro, TN: less expensive homes
- Charlotte Hall, MD: higher priced homes
- Colorado City, AZ: less expensive homes
- Crum Lynne, PA: less expensive homes
- San Joaquin, CA: less expensive homes
- Ovid, MI: less expensive homes
- Pekin, IN: less expensive homes
- Pell Lake, WI: less expensive homes
- Plains, PA: less expensive homes
- Plainview, MN: less expensive homes
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