List of the Top 10 Cheapest Places to Live in Florida in 2023

When moving to Florida, many people are drawn to big cities like Orlando and Boca Raton. However, these cities can be pretty expensive to live in. Luckily, Florida has many other affordable options that offer the same safety and amenities as these more expensive locations. If you’re looking for a cost-effective place to live in the Sunshine State, keep reading to discover the top ten cheapest places to settle down.

Cheapest Places to Live in Florida

Jacksonville

If you’re looking for a budget-friendly place to live in Florida, Jacksonville should be on your radar. Not only is it one of the largest cities in the country, but it’s also the cheapest place to live in the state. Situated near the border between Florida and Georgia, Jacksonville stands out as an affordable option for those who want to experience all Florida offers without breaking the bank.

In Jacksonville, the average cost of a home is approximately $260,000, which is significantly lower than the national average of $60,000. For those seeking a one-bedroom apartment, the average cost is around $975, making it a budget-friendly option. Jacksonville’s prices are notably lower compared to other cities in the United States. With a monthly budget of around $1,900, you can lead a comfortable life in this city, making it one of the most affordable cities in Florida.

Cape Coral

Cape Coral, a city in the southwestern part of Florida, is the second most inexpensive place to live in the state. It’s known for being a very affordable place to reside and is also considered one of the safest cities in Florida, boasting one of the lowest crime rates in the state.

According to recent reports, Cape Coral boasts a median cost of around $290,700, below the Florida and US averages. For those seeking a one-bedroom apartment, expect to pay approximately $1300. Moreover, Cape Coral is known for having lower taxes, allowing you to keep more of your hard-earned money. This makes it an excellent choice for retirees looking to stretch their budgets.

Cape Coral has earned the nickname “Waterfront Wonderland” thanks to its remarkable network of canals, which means that you can always be near the water. In addition, the city is near Disney and boasts many dining and leisure options. If you love fishing, you can also spend your days indulging in this activity.

Gainesville

Located in the northern central part of Florida, Gainesville is a city that offers affordable living. It’s known for being home to two schools – the University of Florida and Santa Fe College – and is among the larger cities in Central Florida. With Gainesville, you get the best of both worlds: the perks of living in a big town and the affordability of a smaller one.

In Gainesville, the median cost for housing is around $210,000, which is lower than the Florida and national averages. For a one-bedroom apartment, the average price is approximately $1,100. However, the cost of utilities can be a bit steep.

Living in Gainesville has become even more appealing due to its growing job market, particularly within the college system. The city’s job market has been rising exponentially lately, making it easier than ever to find employment opportunities in Gainesville. So, if you’re looking for a job in the area, you can rest assured that plenty of options are available.

Dade City

If you’re looking for an affordable place to live in Florida, Dade City may be the perfect choice. This small city is located near Tampa, which makes commuting to work a breeze if your workplace is in the town. Dade City is known for being one of the most affordable places to live in Florida, so you can enjoy all the perks of living in the Sunshine State without breaking the bank.

Living in Dade City is affordable, with a median cost of around $179,500, which is lower than the state and national averages. If you’re looking for a one-bedroom apartment, you can expect to pay approximately $1,372, which is reasonable. Despite the low cost of living, Dade City offers plenty of space and a safe environment to call home.

Dade City is a great place to look for job opportunities, as numerous employers are available. In addition, the city’s proximity to several prominent universities provides easy access to career and educational advancement.

Dunedin

Dunedin is a town unlike any other in Florida, and it is one of the most budget-friendly places to reside in. If you’re looking for a relaxed and tranquil lifestyle, you’ll fall in love with the lovely ambience that this city offers to its inhabitants. Families will appreciate the superior quality of schools and the low crime rate in the area.

The average cost of a home in Dunedin is approximately $340,000, although this figure is subject to frequent fluctuations. Most homes sell for roughly $245,000, making it quite an affordable market. If you are looking for a one-bedroom apartment, you should expect to pay around $1,100 in Dunedin.

Dunedin is a town that offers a plethora of activities for visitors. Whether you’re looking for a day at the beach or a round of golf at one of their many clubs, Dunedin has something for everyone. For those looking for an adrenaline rush, the annual Scottish Highland Games will satisfy your craving for adventure. And if you’re travelling with kids, this event is perfect for them too!

Kissimmee

Located in Florida, Kissimmee is among the most affordable places to live. Its strategic location also makes it an ideal choice for those who love the theme park experience., It is near the hub of Florida’s theme parks, including Universal Studios and Disneyworld. With Kissimmee, you can enjoy proximity to these attractions without worrying about navigating the heavy Orlando traffic daily.

With a median price of around $265,000, owning a home in Kissimmee won’t break the bank. Even renting a one-bedroom apartment here is relatively affordable, costing approximately $1,050. That’s a pretty good deal considering the city’s convenient location near other popular destinations.

Kissimmee is a beautiful place to explore, with abundant activities to indulge in. While you can always drive to the famous Orlando attractions, the town offers an array of enjoyable experiences. Located near the beach, this town is perfect for those looking to bask in the sun and enjoy delicious cuisine. With a vibrant nightlife, spending time with friends or family is always a great time in Kissimmee.

Bartow

Located in the heart of central Florida and just fifty miles from both Orlando and Tampa, Bartow offers a peaceful setting that is both convenient and accessible. Situated in Polk County, it is an ideal location for those who work outside the city but still want to enjoy a quiet lifestyle. Whether looking for a place to call home or just passing through, Bartow offers a comfortable and welcoming environment.

In Bartow, the median price of a home is approximately $240,000, which is a reasonable amount compared to other areas. If you plan to rent, a one-bedroom apartment will cost you around $900, significantly lower than the national and Florida averages. Moreover, Bartow’s location near the airport provides easy access to travel, making it a convenient place to live.

Bartow is a city where most residents own their homes, and the extensive job market makes it a highly commutable place. The town offers the average person a high standard of living, making it an ideal place to settle down.

Homosassa Springs

Homosassa Springs, situated just north of Tampa Bay, is a peaceful and serene town, making it an ideal choice for those seeking a tranquil lifestyle. Although it is a more rural area, it is still a great and budget-friendly place to call home for those who relish solitude.

Homosassa Springs boasts a median home cost of around $265,000, making it a budget-friendly option for settling down. Additionally, the cost of living for a one-bedroom apartment is approximately $975, lower than the US and national averages. It’s safe to say that Homosassa Springs is an affordable place to call home.

Homosassa Springs is a serene and peaceful town located closein Florida. Due to its tranquil atmosphere and convenient location, it is considered one of the most affordable places to reside in Florida.

Melbourne

Located on the Atlantic coast and near Cape Canaveral, Melbourne is a popular destination for tourists and locals alike. While the city has traditionally had an older population, in recent years, younger groups have begun to call it home. Whether you’re a year-round resident or just passing through, Melbourne offers a unique blend of coastal charm and community spirit.

In Melbourne, the median cost of a home is approximately $335,000, and the average cost of living is relatively low for Florida at around $1,300. This bustling city is situated at the southernmost tip of Florida and offers an excellent location for those seeking a vibrant lifestyle.

Edgewater

It is moving on to Edgewater, a charming town on the eastern coast of Florida. Itsmity to Daytona Beach and Cape Canaveral, it os residents a perfect blend of peaceful living and nearby entertainment options. Not to mention, it’s also one of the most affordable places to live in Florida.

In Edgewater, the median cost for a home is approximately $310,000, but it’s worth noting that many homes sell for around $270,000. Moreover, if you’re looking for a rental property, you can expect to pay a relatively low monthly fee of around $820, one of the most affordable rental rates in the state and across the country.

Whether you’re an individual or a family of five, Edgewater offers many activities to entertain you. With Orlando just an hour away and the beach nearby, you won’t run out of options for fun. Plus, Edgewater is surrounded by some of the best campsites in Florida for those who love camping, adding an extra element of excitement to your stay.