10 Most Affordable Cities in Florida

Florida has some of the most inviting beaches, exciting theme parks, and scenic landscapes in the nation. It has about 240 days of sunshine year-round, earning it the nickname: the Sunshine State. Not only does living in Florida mean great weather, but it also means beautiful beaches and lively cities that are the best places to live in Florida.

NewHomeSource.com has done the research and found the top 10 most affordable cities in Florida to help you in your home search.

Top 10 Most Affordable Cities in Florida

1. Titusville

• Home Price to Income Ratio: 3.08%
• Average Property Tax: 1236
• Median Household Income: $46,609

Titusville, also known as the Space Coast, is the most affordable city in Florida. It is home to the site that launches rockets and satellites. From touring the Kennedy Space Center to relaxing at Canaveral National Seashore, folks who decide to live in Titusville will always have something exotic – whether nature or spacecraft – to experience.  

2. Winter Haven

• Home Price to Income Ratio: 3.30%
• Average Property Tax: 1325
• Median Household Income: $46,669

Winter Haven is located between Tampa and Orlando. This city is full of beautiful lakes allowing for many recreational activities. Those who live in Winter Haven can go boating, fishing, hiking, mountain biking, and more. Additionally, there are also many attractions locals can enjoy. Winter Haven is a perfect representation of a classic, all-American town.

3. Lauderdale Lakes

• Home Price to Income Ratio: 3.37%
• Average Property Tax: 1849
• Median Household Income: $35,532

Lauderdale Lakes is a small town that hugs the Atlantic coast of South Florida. As its name implies, Lauderdale Lakes is encircled by numerous lakes where nature and outdoor lovers can indulge themselves. A few popular spots are Hugh Taylor Birch State Park, Fern Forest Nature Center, and Hillsboro Inlet Lighthouse. Furthermore, you will find tasty restaurants, fun cafes, various shopping malls, and more in Lauderdale Lakes.

4. Daytona Beach

• Home Price to Income Ratio: 4.26%
• Average Property Tax: 1438
• Median Household Income: $35,893

Daytona Beach is an exciting city well known for its 23 miles of breathtaking beaches, lively downtown areas, and the famous Daytona International Speedway. Thanks to its climate there are plenty of year-round events and festivals, which means there is always something exciting happening in Daytona Beach. From the beautiful beaches to the countless events and restaurants, those who decide to live in Daytona will never be bored.

5. Sanford

• Home Price to Income Ratio: 3.32%
• Average Property Tax: 1378
• Median Household Income: $47,217

Sanford is one of Central Florida’s oldest cities. This city has spectacular 19^th-century architecture as well charming boutique stores, vibrant cafes and restaurants, and beautiful lake views. Sanford has an abundance of lakes, which attracts water-sports fans.     

6. Largo

• Home Price to Income Ratio: 2.81%
• Average Property Tax: 1122
• Median Household Income: $44,323

Largo is a chill, seaside city located on the Gulf of Mexico. It has some of the most beautiful beaches in the state as well as world-class golf courses. To top it all off, Largo also has a vibrant downtown area with awesome shops, unique cafes, hip bars, and tasty restaurants. Largo has an amiable, relaxed vibe that locals cherish.

7. Lakeland

• Home Price to Income Ratio: 3.15%
• Average Property Tax: 1286
• Median Household Income: $47,511

Lakeland is dotted with numerous lakes where you can find locals fishing, boating, and bird watching. Those who move to Lakeland will always find something fun to do outdoors – and even indoors on sweltering hot days. From hiking trails to museums, there is truly something for everyone in Lakeland.

8. Deltona

• Home Price to Income Ratio: 2.95%
• Average Property Tax: 1457
• Median Household Income: $52,616

Nature and outdoor lovers must visit Deltona before making their final decision. This small town offers many unique things to do and has hidden gems to discover. Folks who live in Deltona can spend their days hiking at Green Springs Park, picnicking at Mariner’s Cove Park, and/or mountain biking at Seminole State Forest. The outdoor opportunities in Deltona are endless.  

9. Jacksonville

• Home Price to Income Ratio: 3.17%
• Average Property Tax: 1628
• Median Household Income: $54,701

Jacksonville is a city that has something everyone can enjoy. From surfing and snorkeling to shopping and eating, the locals in Jacksonville always find something fun to do. Friendship Fountain, Kathryn Abbey Hanna Park, and Amelia Island are a few favorite spots amongst locals. It’s clear to see that Jacksonville is not only one of the cheapest places to live in Florida, but it’s a great city to build a new home.

10. Pinellas Park

• Home Price to Income Ratio: 3.12%
• Average Property Tax: 1392
• Median Household Income: $49,652

Pinellas Park is the perfect southern charm city. Locals in this Florida city spend their days horseback riding, shopping, visiting flea markets, and eating delicious food. Those looking to live in a city with a distinctly southern feel will love Pinellas Park.

Florida Cities with the Best Home Price-to-Income Ratio

The list above is sorted by the lowest overall cost of living index. However, the following cities have the lowest home price to income ratio, meaning you can get more home for your money. So, if you’re thinking of moving to Florida, perhaps this is a great place to start.

1. Largo
2. Deltona
3. Crestview, often referred to as the “Icebox of Florida” due to its cooler temperatures. It is located close to the Florida, Alabama border and has a strong southern charm.