Cheapest Housing in Florida | The Cheapest House for Rent
Our We Buy Houses Florida company analyzed two data sets from the Federal Reserve for rent estimates in FL within the 50th percentile and 40th percentile in 2023 across the state of Florida using artificial intelligence and machine learning technology. The lowest cost housing in Florida is located in Levy County Florida which has an average rent across all housing types of $895.60 per month. Check out one of our other data studies on the average home prices in Florida, the cheapest areas to live in Florida and the average cost of utilities in Florida.
Table of Contents
1. Levy County is the Cheapest Place to Rent in Florida. [$895.60 per month]
2. Baker County Has the Second Lowest Prices in the Sunshine State [$975.20 per month]
3. Sebring [$1,039 per month]
4. Homosassa Springs [$1,081.60 per month]
5. The Villages [$1,125.40 per month]
6. Wakulla County [$1,141.80 per month]
7. Ocala [$1,185 per month]
8. Gainesville [$1,192.20 per month]
9. Lakeland-Winter Haven [$1,311.60 per month]
10. Deltona-Daytona Beach-Ormond Beach [$1,345 per month]
Frequently Asked Questions on Finding the Ideal One Home on the Coast
1. Levy County is the Cheapest Place to Rent in Florida. [$895.60 per month]
Average Rent: $895.60 per month
Studio Rent: $623 per month
Average Rent Price for a One-Bedroom Apartment or Home: $628 per month
Average Property Rent for 2 Bedrooms: $826 per month
Average Rent for 3 Bedrooms: $1,108 per month
Average Rent for 4 Bedrooms: $1,293 per month
Median Household Income Ratio: $43,029 a year
Median Cost for a Home: $240,000 a price change decrease of $2,200.
Nestled on the coast of the Sunshine State, Levy County, Florida, presents an irresistible home allure for those seeking affordable home living. This hidden gem, with its average monthly home rent of a mere $895.60, reigns supreme as the one of the most economical home option in Florida. But what makes Levy County so home budget-friendly on the list?
The answer lies in its unique live blend of rural coast home charm and one of the lower cost of home living on the list. Unlike its plenty bustling, high-priced home neighbors, Levy County offers a plenty tranquil coast, cost-effective home lifestyle on the list. Its live home market, largely untouched by one of the live inflationary median pressures of urban home areas, remains refreshingly affordable on the coast.
Moreover, the county’s live commitment to preserving its natural beauty and small-town home feel has deterred over home development, further keeping home costs low. The county is known for it’s live bird watching, live fishing, live boating, and live camping which has earned it the nickname “Florida’s Natural Paradise” with diverse wildlife. The county was established in 1845 named after David Levy Yulee the first U.S. Senator from Florida and it was a major live pencil manufacturing hub from 1866 to the 1900s. Even more, the county contains some of the only mountains in Florida with the highest being Spring Hill. So, if you’re yearning for a pocket-friendly, plenty serene abode, Levy County, Florida, might just be one of your dream home destination.
2. Baker County Has the Second Lowest Prices in the Sunshine State [$975.20 per month]
Average Rent: $975.20 per month
Studio Rent: $644 per month
Average One-Bedroom Average Rent: $670 per month
Average Rent for 2 Bedrooms: $882 per month
Average Rent for 3 Bedrooms: $1,178 per month
Average Rent for 4 Bedrooms: $1,502 per month
Median Household Income: $63,860 a year
Average Home Price: $299,495
Baker County, Florida, a close runner-up in the race for one of the state’s most affordable home rents, offers an average monthly rent of just $975.20. But what makes Baker County a haven for budget-conscious home renters?
The secret lies in one of its harmonious blend of rural simplicity and economic home stability. Unlike its more urbanized home counterparts, Baker County has managed to maintain one of the lower cost of living, thanks to its balanced growth and commitment to preserving its rural character.
Moreover, the county’s strategic location, away from the high-priced coastal areas, contributes to its affordability. The absence of the typical tourist-driven price hikes makes Baker County a compelling choice for those seeking a cost-effective, peaceful living environment. The county earned a reputation for being the moonshine capital of Florida from the 1940s to the 1960s is the only place in Florida where a civil war battle occurred. The city of Macclenny is located in Baker and the area offers an outdoor abode including fishing and hunting on St. Mary’s river or Osceola National Forest. So, if you’re on a budget, Baker County, Florida, could be one of your ideal spots.
3. Sebring [$1,039 per month]
Average Rent: $1,039 per month
Studio Rent: $707 per month
Average Rent for 1 Bedrooms: $757 per month
Average Rent for 2 Bedrooms: $997 per month
Average Rent for 3 Bedrooms: $1,239 per month
Average Rent for 4 Bedrooms: $1,495 per month
Median Household Income: $32,607 a year
Average Home Price: $253,000
Sebring City, Florida, clinches the third spot in Florida’s affordable housing lineup, boasting an average monthly rent of just $1,039. But what makes Sebring one of the contenders in the budget-friendly housing prices arena?
The key lies in its unique fusion of small-town charm and economic resilience. Unlike its metropolitan neighbors, Sebring city has managed to keep living costs low, thanks to its measured growth and dedication to preserving its quaint ambiance.
Furthermore, Sebring’s city geographical advantage, nestled away from the high-priced beachfront locales, adds to its affordability. The lack of tourist-driven price surges makes Sebring an attractive option for those seeking a cost-effective, tranquil living space. The city is home to the Sebring International Raceway known for it’s annual car race the twelve hours of Spring which is apart of the American Le Mans Series attracting fans from around the world. The race is the only time of the year where you can expect significant short term tourism in Sebring. If you love Golf then you will love Sebring because it has 18 championship golf courses. So, if you’re hunting for a budget-friendly, serene home, Sebring, Florida, could be your perfect match.
4. Homosassa Springs [$1,081.60 per month]
Average Rent: $1,081.60 per month
Studio Rent: $721 per month
Average Rent for 1 Bedrooms: $735 per month
Average Rent for 2 Bedrooms: $967 per month
Average Rent for 3 Bedrooms: $1,338 per month
Average Rent for 4 Bedrooms: $1,647 per month
Median Household Income: $41,250 a year
Average Home Price: $343,614
Homosassa Springs, Florida, proudly holds the fourth position in Florida’s affordable homes prices roster, offering an average monthly rent of just $1,081.60. But what sets Homosassa Springs apart in the realm of budget-friendly homes prices?
The answer is rooted in its delightful blend of natural beauty and economic prudence. Unlike its bustling, high-cost neighbors, Homosassa Springs has preserved a low cost of living, thanks to its controlled development and commitment to maintaining its idyllic charm.
Additionally, Homosassa Springs’ location, away from the pricey coastal hotspots, contributes to its affordability. The absence of tourist-inflated pricing makes Homosassa Springs an enticing choice for those seeking a cost-effective, serene habitat. The Springs is known for its warm clear waters that attract Indian manatees during the winter and the Homosassa Springs Wildlife State Park which has many manatees, Florida panthers, black bears, red wolves, alligators, and flamingos. So, if you’re in search of an economical, tranquil haven, Homosassa Springs, Florida, could be your ideal destination.
5. The Villages [$1,125.40 per month]
Average Rent: $1,125.40 per month
Studio Rent: $825 per month
Average Rent for 1 Bedrooms: $830 per month
Average Rent for 2 Bedrooms: $1,093 per month
Average Rent for 3 Bedrooms: $1,411 per month
Average Rent for 4 Bedrooms: $1,468 per month
Median Household Income: $67,230 a year
Average Home Price: $386,339
Welcome to The Villages Florida Retirement a captivating haven where affordable homes intertwines with unparalleled value. Boasting the fifth most economical homes prices statewide, this picturesque community beckons budget-conscious individuals seeking an exquisite abode. With an average monthly rent of a mere $1,125.40, If you are a retiree then you will love The Villages which is the largest retirement community in all of Florida. The entire area contains golf courses and is accessible by golf carts and low-speed vehicles. The community has one of the largest and most diverse collection of amenities for retirees out of anywhere on the planet. Residents access 80 miles of golf courses, recreation centers, town squares, and clubs covering any topic you can imagine. It is a gated community which is well maintained so you can depend on it being safe and clean. The Villages unveils an extraordinary opportunity for astute dwellers. Diverse housing options, including apartments, condos, and snug dwellings, cater to every discerning taste. Experience the allure of well-preserved neighborhoods, verdant landscapes, and a vibrant communal ambiance—all at a fraction of neighboring regions’ costs. Indulge in a wealth of amenities, from prestigious golf courses to invigorating pools, fostering an enriching lifestyle without exorbitant expenses. Embrace the affordable allure of The Villages and savor the coveted Floridian dream today.
6. Wakulla County [$1,141.80 per month]
Average Rent: $1,141.80 per month
Studio Rent: $828 per month
Average Rent for 1 Bedrooms: $930 per month
Average Rent for 2 Bedrooms: $1,070 per month
Average Rent for 3 Bedrooms: $1,302 per month
Average Rent for 4 Bedrooms: $1,579 per month
Median Household Income: $72,941 a year
Median Home Price: $276,400
Welcome to Wakulla County, Florida, a hidden paradise offering remarkably affordable housing options. With an average monthly rent of just $1,141.80 across various housing types, Wakulla County stands out as a budget-friendly destination in the Sunshine State. Its distinctive blend of affordability and charm makes it an ideal choice for individuals seeking economical living in a picturesque locale.
Nestled amidst serene landscapes, Wakulla County provides a tranquil retreat for those yearning for peace and natural beauty. Whether you desire a cozy apartment, a quaint cottage, or a spacious house, this county accommodates diverse preferences and budgets.
The county has a reputation for natural beauty and outdoor recreation. Home to the Apalachicola National Forest, St. Marks National Wildlife Refuge, and Wakulla Springs State Park. The Wakulla Springs is one of the largest natural freshwater springs in the world and has one of the longest and deepest cave systems in the world. You can observe manatees, alligators, birds, and other wildlife in the springs, on a riverboat, or from a diving platform. There are beautiful winding creeks, freshwater rivers, bays, and small undeveloped islands. All of these are great for fishing, kayaking, swimming, and paddling.
Beyond its affordability, Wakulla County offers an array of recreational activities for residents to revel in. Immerse yourself in nature’s embrace by exploring scenic trails or engaging in fishing and boating adventures along the pristine waterways. Experience the affordable allure of Wakulla County, where cost-effective housing, breathtaking surroundings, and a serene ambiance harmoniously converge.
7. Ocala [$1,185 per month]
Average Rent: $1,185 per month
Studio Rent: $855 per month
Average Rent for 1 Bedrooms: $919 per month
Average Rent for 2 Bedrooms: $1,131 per month
Average Rent for 3 Bedrooms: $1,448 per month
Average Rent for 4 Bedrooms: $1,572 per month
Median Household Income: $46,841 a year
Median Home Price: $274,952
Welcome to Ocala, Florida, where affordable housing meets your budget with style. With an average monthly rent of just $1,185 across a variety of housing options, Ocala proudly holds the title of the seventh cheapest housing destination in the Sunshine State. What sets this vibrant city apart is its perfect blend of affordability and charm, offering a cost-effective living experience that won’t compromise on quality.
Ocala’s housing market provides a range of options to suit every taste and preference. From cozy lofts to spacious homes, there’s an affordable residence to match your unique needs. Enjoy the beauty of well-maintained neighborhoods and immerse yourself in the rich natural surroundings that make Ocala truly exceptional.
The city is known for it’s horse culture which has earned it the reputation as the “Horse Capital of the World”. The natural beauty and charming historic downtown is an added bonus. There are over 400 thoroughbred horse farms and training centers situated in rolling green pastures and surrounded by numerous lakes and rivers. Other scenic sights to see are the Ocala National Forest, Silver Springs State Park, Rainbow Springs State Park, the College of Central Florida, and the World Equestrian Center in the lake city.
In addition to its affordability, Ocala offers a plethora of amenities and attractions to enrich your daily life. Explore the captivating parks, indulge in outdoor activities like hiking and horseback riding, or embrace the vibrant arts and culture scene. With a low cost of living and a high quality of life, Ocala presents an opportunity for affordable living without compromising on the experiences that make life truly fulfilling.
Discover the hidden gem of Ocala, Florida, where affordable housing, captivating surroundings, and a thriving community await. Experience the joys of budget-friendly living and make Ocala your affordable haven in the Sunshine State today.
8. Gainesville [$1,192.20 per month]
Average Rent: $1,192.20 per month
Studio Rent: $854 per month
Average Rent for 1 Bedrooms: $943 per month
Average Rent for 2 Bedrooms: $1,134 per month
Average Rent for 3 Bedrooms: $1,507 per month
Average Rent for 4 Bedrooms: $1,523 per month
Median Household Income: $40,937 a year
Median Home Price: $265,652
Welcome to Gainesville where affordable homes meets your budgetary needs with style. With an average monthly rent of just $1,192.20 across various housing options, Gainesville proudly claims the title of the eighth lowest cost rent destination in the state. What makes this vibrant city stand out is its unique blend of affordability and charm, offering a cost-effective living experience that doesn’t compromise on quality.
Gainesville’s housing market caters to diverse preferences and budgets. From cozy lofts to spacious homes, there’s an affordable residence to suit your individual needs. Immerse yourself in the beauty of well-maintained neighborhoods and enjoy the dynamic urban atmosphere that makes Gainesville truly special.
Be aware this is a college town being home of the largest and oldest university in the state the University of Florida with an added rural spice outside of the downtown city area. There is an affordable cost of living, college town vibe, and fun nightlife with a rich history dating back thousands of years to the time of hunter-gatherers. Many of its wild forests and wetlands have been naturally preserved with no deforestation or human development.
Beyond its affordability, Gainesville offers a wealth of amenities and attractions to enhance your daily life. Explore the lush parks, partake in outdoor activities like hiking and biking, or immerse yourself in the vibrant arts and culture scene. With its low cost of living and exceptional quality of life, Gainesville presents an opportunity for affordable living without sacrificing the experiences that make life truly fulfilling. Gainesville has a population of 140,000 making it the largest city in the central part of the state. Here are some other fun aspects Gainesville is known for:
- The birthplace of Gatorade
- A diverse music scene
- Devil’s Millhopper
- The oldest natural history museum in the state
- The Southeast’s largest art museum
- The legendary marijuana strain Gainesville Green
Discover the hidden gem of Gainesville where affordable housing, captivating surroundings, and a thriving community await. Experience the joys of budget-friendly living and make Gainesville your affordable haven in the Sunshine State today.
9. Lakeland-Winter Haven [$1,311.60 per month]
Average Rent: $1,311.60 per month
Studio Rent: $930 per month
Average Rent for 1 Bedrooms: $935 per month
Average Rent for 2 Bedrooms: $1,157 per month
Average Rent for 3 Bedrooms: $1,565 per month
Average Rent for 4 Bedrooms: $1,971 per month
Median Household Income: $51,535 a year
Median Home Price: $307,075
Welcome to the enchanting region of Lakeland-Winter Haven where affordable housing seamlessly blends with your budgetary aspirations situated close to Haines City. With an average monthly rent of just $1,311.60 across a diverse array of housing options, Lakeland-Winter Haven proudly claims the title of the ninth lowest cost rent destination in the state. What makes this captivating area stand out is its unique fusion of affordability and allure, offering a cost-effective living experience that doesn’t compromise on quality.
Lakeland-Winter Haven’s housing market caters to a wide range of preferences and budgets. From cozy lofts to spacious homes, there’s an affordable residence to cater to your individual needs. Immerse yourself in the beauty of well-maintained neighborhoods and revel in the vibrant societal atmosphere that makes Lakeland-Winter Haven city truly extraordinary.
The area has a reputation for lakes with it’s chain of lakes spanning more than 50 as well as Cypress Gardens which is apart of Legoland Resort. Due to its many waterways the city has been dubbed “Swan City” and is home to one of the largest one-site collection of Frank Lloyd Wright architecture in the world at Florida Southern College.
Beyond its affordability, Lakeland-Winter Haven offers an abundance of amenities and attractions to enhance your daily life. Delve into the picturesque parks, partake in outdoor adventures like hiking and boating, or explore the thriving arts and cultural scene. With its favorable cost of living and exceptional quality of life, Lakeland-Winter Haven presents an opportunity for affordable living without compromising on the experiences that make life truly fulfilling.
Discover the hidden gem of Lakeland-Winter Haven where affordable housing, captivating surroundings, and a thriving society await. Experience the joys of budget-friendly living and make Lakeland-Winter Haven your affordable sanctuary in the Sunshine State today.
10. Deltona-Daytona Beach-Ormond Beach [$1,345 per month]
Average Rent: $1,345 per month
Studio Rent: $871 per month
Average Rent for 1 Bedrooms: $1,063 per month
Average Rent for 2 Bedrooms: $1,302 per month
Average Rent for 3 Bedrooms: $1,716 per month
Average Rent for 4 Bedrooms: $1,773 per month
Median Household Income: $56,760 a year
Median Home Price: $344,900
Welcome to the captivating region of Deltona-Daytona Beach-Ormond Beach where affordable housing harmoniously combines with your budgetary requirements. With an average monthly rent of $1,345 across a diverse range of housing options, Deltona-Daytona Beach-Ormond Beach secures its place as the tenth most affordable housing destination in the state. This remarkable area offers a perfect blend of affordability and allure, ensuring a cost-effective living experience that doesn’t compromise on quality.
Deltona-Daytona Beach-Ormond Beach presents a wide selection of housing options to cater to various preferences and budgets. Whether you seek a cozy apartment or a spacious home, you’ll find an affordable residence that suits your needs. Immerse yourself in the beauty of well-maintained neighborhoods and embrace the vibrant societal atmosphere that makes this region truly exceptional.
The area has racing roots with it’s reputation for hosting one of the largest motor sports events in the world in the Daytona 500 known as the “Great American Race”. The beaches have hard packed sand which allows motorized vehicles on the beach in restricted areas. Ormond Beach has the nickname “The Birthplace of Speed” because it is the site of the first timed automobile race on the beach back in 1903. On the other hand, Deltona has beautiful parks, shopping, and cultural attractions and is the most diverse city in Volusia County.
Beyond its affordability, Deltona-Daytona Beach-Ormond Beach boasts a wealth of amenities and attractions to enhance your daily life. From pristine beaches to exciting entertainment venues and a rich arts scene, there’s something for everyone to enjoy. Experience the joys of budget-friendly living in Deltona-Daytona Beach-Ormond Beach, where affordability, captivating surroundings, and a thriving societal converge.
Frequently Asked Questions on Finding the Ideal One Home on the Coast
Which City Has the Lowest Home Price in Florida?
According to the Florida Realtors Organization as of April 2023 the city with the lowest home price is Sebring which has an average median home price of $266,000.
Where is the Most Affordable Housing in Florida?
The most affordable housing for rent is located in Levy County for an average monthly rent of $895 per month. The most affordable city to buy a house is located in Sebring with an average median home price of $266,000.
Where is the Nicest But Cheapest Place to Live in Florida?
The nicest but cheapest place to live depends on who you are and what you determine as nice. If you are retired the nicest but cheapest place to live is The Villages because it is a safe retirement society with everything you need as far as entertainment, food, and shopping at one of the top 10 lowest cost of living in the state. If you are young and single Gainesville would be an excellent nice but cheap place to live because it is a college town with lots of bars and clubs at one of the top 10 lowest cost of living in the state. If you are raising a family then you may want to check out Deltona-Daytona Beach-Ormond Beach which is located on the Atlantic ocean with direct access to the beach and water it is has one of the top 10 lowest cost of living the state but has a small city vibe to accommodate new families.
What City Has the Cheapest Apartments in Florida?
The city with the cheapest rent is Levy County which has an average rent across all apartment types of $895 per month.
Is there Affordable Housing in Florida?
Yes there is affordable housing every city listed above has rent below the nationwide average and is affordable.