Florida is famous for its sunny weather and beautiful beaches, but it’s also known for its rising cost of living in popular cities. However, the Sunshine State is vast, and you don’t have to break the bank to enjoy everything it has to offer. There are still many hidden gems with a low cost of living, perfect for those looking for an affordable place to live or retire.
We’ve found some of the most affordable ZIP codes in Florida by looking at factors like median home prices, rent, and overall cost of living.
1. Live Oak, Florida (32060)
Located in North Florida, Live Oak offers a classic small-town feel at a fraction of the cost of living in coastal areas. The 32060 ZIP code is known for its quiet, rural atmosphere and friendly community. Median home prices here are well below the state average, making it an excellent option for those seeking a peaceful, affordable lifestyle.
2. Sebring, Florida (33870)
Sebring, in Central Florida, is famous for its auto racing history and is a popular spot for retirees. The 33870 ZIP code provides a very low cost of living, with affordable housing options and a calm environment. The area is surrounded by lakes, offering plenty of opportunities for fishing and outdoor activities without a high price tag.
3. Palatka, Florida (32177)
Situated along the St. Johns River, Palatka offers a historic charm and an incredibly low cost of living. The 32177 ZIP code features some of the most affordable real estate in the state. While it’s a bit off the beaten path, its lower prices make it a smart choice for anyone on a tight budget.
4. Lake City, Florida (32024)
As the “Gateway to Florida,” Lake City is a major hub in North Florida that provides great affordability. The 32024 ZIP code offers a blend of local amenities, a low crime rate, and some of the most competitive housing prices in the state. It’s a great option for families and individuals looking to stretch their budget.
5. Crestview, Florida (32536)
Located in the Florida Panhandle, Crestview is a rapidly growing area that’s still much more affordable than the nearby coastal cities. The 32536 ZIP code is attractive to military families (due to its proximity to Eglin Air Force Base) and others seeking a family-friendly town with a very reasonable cost of living. The schools are well-rated, and the community is known for its welcoming atmosphere.
Why These Areas Are So Affordable
These ZIP codes offer affordability for a few key reasons:
- Inland Location: Many of these affordable areas are located away from the expensive coastline, where demand for housing is lower.
- Lower Property Taxes: Some of the most affordable parts of Florida have lower property taxes, which reduces the overall cost of homeownership.
- Smaller Population: These areas generally have a smaller population and less traffic, which contributes to a more relaxed and affordable lifestyle.
Whether you’re looking to retire or start fresh, you can find a great home at a great price. Use our ZIP code search tool to find more information on these and other affordable neighborhoods across the US.
