2026 Affordability Data
Most Affordable Neighborhoods in Cedar Key - 2026 Data
The median home value in Cedar Key is $183,800, 35% below nat'l avg. Median rent is $857/month. With an affordability index of 114, Cedar Key is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Cedar Key, FL area.
Key Takeaways: Affordability in Cedar Key
- 1The most affordable neighborhood in Cedar Key is Sanford, with a median home value of $77,800.
- 2Cedar Key's median home value is $183,800, 35% below nat'l avg (national: $281,900).
- 3Cedar Key's affordability index is 114 (baseline 100), making it more affordable than the national average.
- 4Median rent in Cedar Key is $857/month, 26% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Cedar Key to find the most affordable areas based on home values, rent, and affordability index.
Cedar Key Affordability Overview
Median Home Value
$183,800
35% below nat'l avg
Median Rent
$857/mo
26% below nat'l avg
Median Income
$41,957
44% below nat'l avg
Affordability Index
114
14% above nat'l avg
Most Affordable Neighborhoods in Cedar Key (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | SanfordFL | $77,800 |
| 2 | AuburndaleFL | $229,400 |
| 3 | North Palm Beach villageFL | $418,100 |
| 4 | Haines CityFL | $222,100 |
| 5 | SeminoleFL | $279,000 |
| 6 | BartowFL | $195,200 |
| 7 | Belle GladeFL | $136,500 |
| 8 | SebringFL | $152,000 |
| 9 | LakelandFL | $207,800 |
| 10 | MinneolaFL | $348,700 |
| 11 | Holly HillFL | $155,600 |
| 12 | North LauderdaleFL | $234,300 |
| 13 | West ParkFL | $305,400 |
| 14 | Wellington villageFL | $492,300 |
| 15 | Lake WalesFL | $208,500 |
Detailed Neighborhood Profiles
Home Value: $77,800
Rent: $1,233/mo
Affordability: 258
Population: 1,397
Walk Score: 68/100
Home Value: $229,400
Rent: $776/mo
Affordability: 214
Population: 16,432
Home Value: $418,100
Rent: $776/mo
Affordability: 214
Population: 13,092
4
Home Value: $222,100
Rent: $776/mo
Affordability: 214
Population: 28,922
5
Home Value: $279,000
Rent: $776/mo
Affordability: 214
Population: 19,287
6
Home Value: $195,200
Rent: $776/mo
Affordability: 214
Population: 19,424
7
Home Value: $136,500
Rent: $776/mo
Affordability: 214
Population: 16,896
8
Home Value: $152,000
Rent: $776/mo
Affordability: 214
Population: 11,006
9
Home Value: $207,800
Rent: $776/mo
Affordability: 214
Population: 114,404
10
Home Value: $348,700
Rent: $776/mo
Affordability: 214
Population: 14,406
11
Home Value: $155,600
Rent: $776/mo
Affordability: 214
Population: 12,919
12
Home Value: $234,300
Rent: $776/mo
Affordability: 214
Population: 44,635
13
Home Value: $305,400
Rent: $776/mo
Affordability: 214
Population: 15,074
14
Home Value: $492,300
Rent: $776/mo
Affordability: 214
Population: 61,373
15
Home Value: $208,500
Rent: $776/mo
Affordability: 214
Population: 16,455
Frequently Asked Questions About Affordability in Cedar Key
What is the most affordable neighborhood in Cedar Key, FL?▾
Based on 2026 data, Sanford is the most affordable neighborhood in Cedar Key with a median home value of $77,800. Kurby analyzed 15 neighborhoods in the Cedar Key area to compile these rankings.
What is the median home price in Cedar Key, FL?▾
The median home price in Cedar Key is $183,800, which is 35% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Cedar Key affordable compared to the national average?▾
Cedar Key has an affordability index of 114, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Cedar Key, FL?▾
The median monthly rent in Cedar Key is $857. This is 26% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Cedar Key?▾
The median household income in Cedar Key is $41,957 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Cedar Key are below the national average home price?▾
11 out of 15 ranked neighborhoods in Cedar Key have a median home value below the national average of $281,900. The most affordable is Sanford at $77,800 (Source: Kurby, 2026).