10 Most Affordable Places to Live in Florida

Though most people think of Florida as a sunny paradise filled with beautiful beaches and endless miles of coastline, it is far more diverse than that. It has more than 30,000 lakes, including one of the nation’s largest (Lake Okeechobee). It is home to the world-renowned Florida Everglades (nicknamed the River of Grass) and it has the most artesian springs and spring-fed rivers on the planet.

Looking for a suitable loan program?

Choose among 20+ programs and get a detailed loan calculation

Loan Calculator Programs

So it’s no wonder that people flock to Florida to live but many of the larger metropolitan areas like Miami and Orlando can be very expensive. Check out our list of the 10 Most Affordable Places to Live in Florida to find your perfect place in the Sunshine State.

Top 10 Cities in Florida

10. Edgewater: Edgewater is a quaint little town located on Florida’s east coast, near Daytona Beach. There’s a lot to do in Edgewater, whether it’s camping at first-class campsites or visiting Orlando, which is just an hour away. It’s also a very safe community with plenty of job opportunities for those seeking work. And it is one of the cheapest places to live in the entire state.

9. Melbourne: Located near Cape Canaveral on Florida’s sunny Atlantic coast, Melbourne is a popular place for both locals and tourists, and young and old alike. Though primarily known for its pristine coastline, it also has distinguished museums and galleries, and a fashionable Arts District. If you’re looking for an affordable, medium-sized city that seems to have it all, Melbourne might be the place for you.

8. Homosassa Springs: If a more rural setting is your preference, than Homosassa Springs might be the community for you. Located just north of Tampa Bay, home and rental prices are well below the national average, making this small town an affordable place to live. And though it’s small, there’s plenty to do here, including snorkeling with manatees or visiting the exotic Wildlife State Park.

7. Bartow: Located in central Florida, about fifty miles from both Orlando and Tampa, Bartow is an affordable commuter’s paradise. Because of its location, it is an easy commute for work to these larger metropolitan areas. But there is also plenty to enjoy in Bartow proper. Known for its historical sites and exquisite architecture, Bartow also boasts museums, themed attractions, and local state parks.

6. Kissimmee: If living near Florida’s theme park hub (which is anchored by Disneyland and Universal Studios) is important to you, than Kissimmee might be your perfect choice. Its close proximity to Orlando is enviable and it is also extremely affordable, especially compared to other nearby communities. Plus, it has a thriving restaurant scene, and it’s a commuter’s dream.

5. Dunedin: Situated on Florida’s Gulf coast, just north of Clearwater, Dunedin is known for its white sand beaches, pine forests, and the ospreys that make their home at Honeymoon Island State Park. It offers a charming, laid-back lifestyle and it has excellent schools and a low crime rate. Plus, home prices and rental rates are very affordable. If that’s not enough, it hosts the annual Scottish Highland Games.

4. Dade City: Dade City is located in Pasco County and is part of the greater Tampa Bay Area. This small affordable town is home to numerous museums and there are also several universities nearby. In addition, there are national parks and hiking trails in the region. Home prices and rental rates are well below the national average, and it is a very safe place to live.

3. Gainesville: Home to the University of Florida and Santa Fe College, Gainesville is one of the largest cities in Florida, yet it is still surprisingly affordable. Big town amenities, small town prices. It offers many outdoor recreational activities, such as hiking trails, parks and lakes. It is also home to a distinguished museum. In addition, the job market in Gainesville is currently very favorable.

2. Cape Coral: Known as the “Waterfront Wonderland,” this charming town is not only one of Florida’s most affordable places but it is also one of the safest. Located in the southwestern part of the state near Fort Meyers, Cape Coral has an intricate system of canals which allow its residents to always be near the water. It is also known for its outstanding fishing if that’s something you enjoy.

1. Jacksonville: Jacksonville is the most affordable city in Florida and coincidentally, it also has the youngest population in the state. There are activities and features galore here including 22 miles of beaches, historic neighborhoods, world-class fishing, museums, parks, and a thriving restaurant and craft beer scene. It is also perfectly positioned in Northeast Florida at the intersection of I-95 and I-10, making it easy to get almost anywhere in the state conveniently.

Factors that Contribute to Affordability:

1. Cost of Housing: Affordable cities in Florida typically offer a range of housing options, from affordable rentals to reasonably priced homes, making it easier for residents to find suitable accommodation within their budget.
2. Utilities and Transportation: These cities often have lower utility costs, including electricity, water, and gas. Additionally, transportation expenses, such as fuel prices and commuting costs, are generally more affordable compared to national averages.
3. Groceries and Everyday Expenses: The cost of groceries and everyday expenses, including food, household goods, and services, is often more reasonable in these cities, allowing residents to manage their day-to-day expenses effectively.

The Importance of Quality of Life

1. Recreation: Affordable cities in Florida often offer a plethora of recreational activities, taking advantage of the state’s natural beauty and pleasant climate. From beautiful beaches to lush parks and nature trails, residents can enjoy various outdoor pursuits, such as swimming, hiking, biking, and picnicking. Additionally, many cities host community events, cultural festivals, and concerts, fostering a vibrant and engaging atmosphere.
2. Education: A strong educational system is essential for the growth and development of a community. The most affordable cities in Florida prioritize education, with well-funded schools, dedicated teachers, and access to educational resources. From top-notch public schools to renowned universities and community colleges, residents can find excellent opportunities to pursue their academic goals.
3. Healthcare: Access to quality healthcare services is paramount for residents’ well-being. Affordable cities in Florida offer a range of medical facilities, hospitals, clinics, and healthcare professionals to ensure that residents receive the care they need. Residents can access preventive care, specialized treatments, and wellness programs to maintain their health and vitality.
4. Community: A strong sense of community is essential for a fulfilling lifestyle. In Florida’s most affordable cities, residents can find a warm and welcoming atmosphere, where neighbors come together to support one another. Community events, such as farmers’ markets, cultural festivals, and charity fundraisers, provide opportunities for socializing and building connections

Conclusion

Florida’s top 10 most affordable cities offer a wealth of opportunities for individuals and families seeking a quality lifestyle without breaking the bank. From college towns with cultural vibrancy to coastal gems with stunning beaches, these cities showcase the Sunshine State’s diverse charm. The factors that contribute to affordability, such as cost of housing, utilities, and everyday expenses, make living in these cities a cost-effective and prudent choice.

Beyond affordability, the importance of education, healthcare, recreation, and community engagement enhances the overall quality of life in these cities. Residents can access top-notch educational institutions, reliable healthcare services, and a wide array of recreational activities that celebrate Florida’s natural beauty. The strong sense of community fosters a welcoming environment, where residents can forge lasting connections and thrive.

Whether you’re a young professional, a growing family, or a retiree seeking the perfect place to call home, Florida’s most affordable cities offer an inviting and enriching lifestyle. Explore these cities and discover the unique opportunities each one has to offer, making your dream of living in the Sunshine State a reality.

As a mortgage broker, your clients rely on your expertise to find them the best deals in these top 10 affordable cities. Our Quick Pricer tool can be an invaluable asset in your quest to secure the most advantageous mortgage rates. Be sure to explore our Programs section for additional resources tailored to your needs. If you have specific scenarios in mind, don’t hesitate to request them; we’re here to assist you. And if you’re interested in joining forces to provide even more value to your clients, consider becoming a partner with us. Together, we can empower individuals and families to achieve their dreams of homeownership in these thriving and budget-friendly cities.