Florida is a dream destination for many. Families will come to visit, and then start planning their move to the Sunshine State. Can you blame them? There are many perks of living in Florida like the no income tax, gorgeous beaches, and endless recreational activities. When looking for the cheapest places to live in Florida, you’re likely going to be directed to the smaller inland cities. But let’s be real, you’re probably making this move to be closer to the water. So we found a list of the cheapest places to live in Florida and condensed that list to focus on the places near the beach.
We found our list of the most affordable places to live in Florida from Property Club. They factored their list based on median housing prices, and other costs of living like groceries, utilities, transportation, and healthcare. For the housing prices, they compared average rents and median prices sold between January 2023 and January 2024. They drew their data from the U.S. Census, Zillow, Rent Café, and more.
Florida Housing Market Overview
With so many people relocating to Florida, it’s made the housing market extremely competitive. Locals who are hoping to become first-time home buyers are stuck renting because they can’t combat the cash offers from the transplants. According to Redfin, home prices were up 4.5% from 2023, with the median selling price at $404,100. In January 2024, 10.2% of homes in Florida sold above the list price.
More Affordable Beach Towns
Keep in mind when looking for cheap places to live near the beach, you won’t ever be directly on the water. Nothing about living ocean-front is cheap. Keep in mind the cost of living in Florida is 1% higher than the national average. Another realtor blog, Norada, listed more affordable beach towns including Pensacola, Port St. Lucie, Tarpon Springs, and Bradenton. You can check out their full list here.
Here Are The Top 5 Cheapest Places To Live Near The Beach In Florida
Jacksonville
According to our source, the median cost of a home in Jacksonville is about $293,000, which is well below the national average. You can even find 1-bedrooom apartments for around $1,200/month. Jacksonville was also named one of the best cities to live in the south. Plus, there are plenty of job opportunities.
Cape Coral
Cape Coral is going to be one of the most affordable cities in southwest Florida. Bonus perk is that it has one of the lowest crime rates in the state. It’s also known for its many canals and gorgeous landscapes. According to Property Club, the median home price here is $391,000, which is just below the national average.
