Expensive
Affordable
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These days, finding an affordable place to live in the Welaka area can be challenging. Home prices in Welaka are now at a median cost of $252,006, lower than the Florida average of $396,783.
The average cost of rent is $987/mo in Welaka, primarily driven by the current value of real estate in the Welaka area. In Welaka, 16.85% of households rent, and 71.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Welaka is $4,660 per month. Households that rent pay about 21.18% of their income on rent here. Welaka’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fruitland, FL: less expensive homes
- Pomona Park, FL: less expensive homes
- Saratoga, FL: less expensive homes
- Satsuma, FL: less expensive homes
- Lake Como, FL: less expensive homes
- Georgetown, FL: less expensive homes
- Crescent City, FL: less expensive homes
- Kerr City, FL: less expensive homes
- San Mateo, FL: less expensive homes
- Salt Springs, FL: less expensive homes
Cities with Similar Populations
- Farmington, KY: less expensive homes
- Valona, GA: less expensive homes
- Urania, LA: less expensive homes
- Tuscarawas, OH: less expensive homes
- Triana, AL: higher priced homes
- Tiltonsville, OH: less expensive homes
- Gerton, NC: higher priced homes
- Fort Washakie, WY: less expensive homes
- Forest Grove, KY: higher priced homes
- Fayetteville, TX: higher priced homes
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