4 Best Florida Cities With Home Values Under $350K

Florida has long been a popular relocation destination, thanks to the state’s tax friendliness, year-round warm weather and strong labor market. But median home values are quickly increasing to reflecting the growing influx of Americans moving to the Sunshine State.

Recently, U.S. News & World Report ranked the 250 best places to live in the United States in 2026-2027. The methodology took into consideration each major city’s quality of life, job market and desirability and value for residents. Twenty-two Florida cities received mentions within the top 250, but only four locales have median home values under $350,000.

If these options seem like slim pickings, there’s good news for relocators on a budget. In a separate list, U.S. News & World Report ranked 81 Florida cities as the best quality of life in the state for 2026-2027. Of these, 30 ranking cities have median home values of $350,000 or less.

Ranked from most to least expensive, here are the four best Florida cities to live in that have home values under $350,000, as reflected in the top 250.

1. Crestview, Florida

• Population: 28,531

• Average commute: 31 minutes

• Median home value: $320,234

• Median monthly rent: $1,159

• Median household income: $74,216

2. Pensacola, Florida

• Population: 54,393

• Average commute: 18 minutes

• Median home value: $320,128

• Median monthly rent: $1,186

• Median household income: $76,006

3. Spring Hill, Florida

• Population: 121,381

• Average commute: 23 minutes

• Median home value: $302,212

• Median monthly rent: $1,129

• Median household income: $71,158

4. Homosassa Springs, Florida

• Population: 14,891

• Average commute: 19 minutes

• Median home value: $219,352

• Median monthly rent: $864

• Median household income: $52,459

This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal or tax advice.