In Florida, the lowest prices on average, for rentals or sales, are most likely to be in rural areas, far from any major city, and far from the coast as well. People are usually willing to pay more to live in a more desirable area or property.
That being said, you can usually find good buys anywhere, especially if you're flexible as to what you want. You may want to check out the website referenced below. Good luck in your search.
Maggie Hawk, REALTOR
Watson Realty Corp.
With over 50% of the state under water on mortgages renting becomes a good option for lot of sellers that are looking for a secure good long term tenant.
Given the savings over property taxes, insurance , cost of upkeep ( maintenance) it is a trend that is hard to beat.
When you can rent a one or two bedroom condo on the ocean in places like Fort Lauderdale to Deerfield Beach for under a $1500 a month or rent a three bedroom pool home in a good school district like Coral Springs
Why would you settle for less ? For many retirees Century Village provides affordable lifestyle in Deerfield, Boca Raton Delray Beach where some units sell as low as $35,000 for a two bedroom unit.
It is logical that areas of Florida that offer little or no opportunities for employment are the areas that are the hardest hit and values will reflect that. If you need to keep working that may be a priority in your search of areas to live.
I have found your question most interesting as compelling. In essence the phrase I focused on was â€œ Place to Liveâ€ You have already made that decision and came to a conclusion â€œFLoridaâ€ As to where? Let your heart and soul be your guide and your pocket the grounding force. Paradise is everywhere where you make it your own. Affordability is just an other word for choice that tends to confuse us when we are calculating the value of life and the freedoms that come with it. If the roar of the ocean and the swings of the palm trees frame a picture of sunshine and your in it. Send it to a friend with the words "wish you were hereâ€?
I am â€¦ I have found paradise.
where is the most affordable place to live in Florida?
Can I ask, wouldn't that be based on your own personal financial situation? As an example: a $50,000 auto is easily affordable to a person making a million + a year where it could be totally out of reach for the person making substantially less.
Perhaps, you are concerned about the ability to pay or perhaps equity growth or price per sqaure foot.
Maggie, below is correct...the farther out you go from the metro areas the cheaper dirt becoemes.
If you are going to rent a property be sure to know Florida's Landlord/Tenant Law. You can find information on this at http://www.800helpfla.com/landlord_text.html.