Florida is a vast state that attracts many people who are looking to move. Although cities like Orlando and Boca Raton are popular, they can also be quite expensive. Fortunately, there are many affordable places to live in Florida that provide the same level of safety and amenities as these more expensive cities. If you’re looking to save money, here are ten of the cheapest places to live in Florida.
Cheapest Places to Live in Florida in 2023
- Cape Coral
- Dade City
- Homosassa Springs
Jacksonville is known for being the cheapest place to live in Florida and is also one of the largest cities in the United States. Located in the northern part of the state, close to the border with Georgia, it offers a more affordable option for those looking to enjoy all that Florida has to offer.
Compared to other major cities, the median cost of a home in Jacksonville is relatively low, averaging around $260,000, which is $60,000 less than the national average. Renting a one-bedroom apartment will cost around $975, which is also less than what most places in the US charge. With an estimated monthly expense of $1,900, Jacksonville is an affordable city to live in.
Jacksonville also boasts a low unemployment rate and a variety of housing options, making it easier to find a job and a place to live. Additionally, its location provides easy access to other major cities for commuting purposes. With one of the largest total areas of any city in the US, Jacksonville has plenty of space to explore and enjoy.
Jacksonville is a city that caters to both those who love the beach and those who prefer a more urban lifestyle. It’s a great place for families, offering a range of activities such as visiting the zoo, exploring museums, or enjoying the state park. Additionally, Jacksonville is an affordable city that has something for everyone, from urban city life to the tranquility of the beach. Whether you want to spend time in the city or relax on the outskirts, Jacksonville has plenty of options to keep you entertained.
2. Cape Coral
Cape Coral is a city situated in the southwest of Florida, known for its affordability and safety. The city boasts one of the lowest crime rates in the state, making it an attractive place to live. The median home cost in Cape Coral is below the Florida and US averages at around $290,700, and a one-bedroom apartment rents for about $1,300. With fewer taxes, residents can keep more of their income.
Although transportation and groceries are the primary expenses in Cape Coral, they are still relatively affordable compared to other Florida towns. Retirees, in particular, find Cape Coral an ideal place to live, especially for those who enjoy waterfront activities. The city is often referred to as the “Waterfront Wonderland” due to its intricate canal system, which offers endless opportunities for water-related activities such as fishing.
Additionally, Cape Coral is located near Disney World and boasts several dining and entertainment options within the city. In summary, Cape Coral is an excellent place to live for those seeking a safe and affordable community with easy access to waterfront activities and nearby attractions.
Gainesville is a prominent city located in the northern central part of Florida, known for being home to two higher education institutions, the University of Florida and Santa Fe College. Despite its size, Gainesville offers the affordability of a smaller town, making it an attractive place to live.
The median home cost in Gainesville is around $210,000, which is lower than the Florida and national averages. The average rent for a one-bedroom apartment in Gainesville is approximately $1,100. However, the cost of utilities can be relatively expensive.
One of the significant advantages of living in Gainesville is its growing job market, particularly within the college system. Job seekers can expect to find employment opportunities relatively easily.
Gainesville has plenty of outdoor recreational activities to offer, such as hiking trails, public parks, and lakes. Additionally, the city has a museum that is worth exploring, providing a cultural experience for residents and visitors alike.
4. Dade City
Dade City is an affordable place to live in Florida, located near Tampa, which makes commuting to work easy for those working in the city. The median home cost in Dade City is around $179,500, which is significantly lower than the Florida and national averages. A one-bedroom apartment in the city costs approximately $1,372, offering a spacious and secure place to live.
The city has numerous employers, making the job hunt relatively straightforward. Furthermore, Dade City is situated close to several large universities, providing access to career opportunities and further education.
Residents of Dade City have plenty of recreational activities to choose from, such as national parks and trails for outdoor enthusiasts. The city is also within commuting distance of Orlando, providing easy access to the city’s attractions. Additionally, Dade City has several museums and dining options for those looking to explore beyond their immediate surroundings.
Dunedin is a charming town that offers residents a laid-back lifestyle, perfect for those seeking a more relaxed pace of life. The city boasts excellent schools and a low crime rate, making it an ideal place for families.
Currently, the median home cost in Dunedin is around $340,000, although the housing market is continually evolving, and homes often sell for approximately $245,000. The average rent for a one-bedroom apartment in Dunedin is about $1,100, and the town offers excellent transportation and utility costs, with most expenses falling below the Florida average, making it one of the most affordable places to live in the state.
Dunedin has plenty of recreational activities to offer, including white sand beaches and extensive golf clubs. Additionally, the town hosts an annual Scottish Highland Games, providing entertainment for thrill-seekers and children alike.
Kissimmee is a highly affordable place to live in Florida, located in close proximity to the state’s theme park hub. It’s only a short distance from both Universal Studios and Disneyworld, allowing residents to enjoy living close to the attractions without having to deal with the stress of Orlando traffic on a daily basis.
The median cost of a home in Kissimmee is around $265,000, and the average rent for a one-bedroom apartment is approximately $1,050, which is affordable for the area’s proximity to other destinations.
Kissimmee is an excellent location for those commuting to work in the city, offering a combination of affordability and value. The town provides plenty of entertainment options, with easy access to Orlando attractions and nearby beaches. There are also many delicious dining options, making it an ideal place to enjoy a night out with friends or family.
Bartow, situated in Polk County, is a tranquil location in the heart of Florida, offering convenient access to both Orlando and Tampa, within a fifty-mile radius. Its peacefulness makes it a perfect place to reside while having an easy commute to work outside of the city.
The median home cost in Bartow is around $240,000, while a one-bedroom apartment rents for roughly $900, significantly below the national and state average. The city’s proximity to the airport also makes travel easily accessible.
Bartow boasts an extensive job market and a high percentage of homeownership, offering a quality standard of living for its residents.
Bartow has plenty of historical sites with stunning architecture, making it an ideal location for those who appreciate beauty. The city is also close to state parks, theme parks, and museums, making it an excellent spot for a day of family fun.
8. Homosassa Springs
Homosassa Springs, located north of Tampa Bay, offers a rural setting for those seeking a more peaceful lifestyle. Despite its secluded location, it is still an affordable and fantastic place to live.
The median cost of a home in Homosassa Springs is approximately $265,000, with one-bedroom apartments averaging around $975, well below the national and US average. This makes it a cost-effective place to call home, with a tranquil environment.
Homosassa Springs’ close proximity to other towns and cities also adds to its appeal as an affordable place to live.
There are plenty of exciting activities to enjoy in Homosassa Springs, including snorkeling with manatees or visiting Weeki Wachee Springs State Park to watch the world-famous mermaid show. As a location highly reliant on tourism, there is always something new and exciting to explore.
Melbourne, situated on the Atlantic coast near Cape Canaveral, has a diverse population of both tourists and locals. Although the city is typically home to an older demographic, it has seen an increase in younger residents over the years.
The median cost of a home in Melbourne is around $335,000, with an average rent of $1,300 per month, which is comparatively reasonable for Florida. As one of the fastest-growing cities in Florida, Melbourne has a thriving economy and plenty of opportunities.
Melbourne offers a diverse range of neighborhoods, catering to both younger and older residents, ensuring access to a variety of social groups.
There is a wealth of activities in Melbourne, including visiting the zoo, theme parks, or taking a kayak tour on the water. With plenty of entertainment options, living in Melbourne never gets dull.
Edgewater, located on the eastern coast of Florida, is a charming town close to Daytona Beach and Cape Canaveral, making it a perfect location to live for those who love the beach. It’s also one of the most affordable places to live in Florida, which makes it even more attractive.
The median cost of a home in Edgewater is around $310,000, but you can find many houses selling for about $270,000. Additionally, rental fees are quite cheap, averaging around $820, which is well below the state and national average.
Edgewater offers excellent job opportunities and has a low crime rate, making it a safe and convenient location for people looking to work or start a family. Moreover, the town offers an extensive public transportation system that is accessible to everyone.
There’s plenty to do in Edgewater, from visiting Orlando, which is only an hour away, to camping in some of the best campsites in Florida. With its proximity to the beach, you can enjoy a perfect day on the beach or take part in some fun water activities. Overall, Edgewater is a perfect town for both singles and families looking for an affordable yet enjoyable place to live.