8. Daytona Beach, Florida
If you’re looking for a cheap place to retire near the beach, consider Daytona Beach. The median home price among retirees is just $160,200. Homeowners age 60 and older pay a median of $1,173 per month with a mortgage or $433 monthly for a paid-off house. The median rent is $910 per month. But this is not a sleepy seaside community. The headquarters for NASCAR is home to several large motorsports events each year. Located on Florida’s Atlantic Coast, cars can be driven onto some of the hard-packed sandy beaches. You can take a look at mortgage rates in Florida and choose between 30-year fixed mortgage rate, 15-year fixed mortgage rate, 5/1 ARM mortgage rate, and 30-year fixed refinance rate. Here is a list of 10 best Florida mortgage lenders of 2020.
Population: 70,902
Median House Value at Daytona Beach, Florida: $160,200
Median Monthly Rent at Daytona Beach, Florida: $910
According to the most recent ACS, the racial composition of Daytona Beach Fl was:
- White: 56.87%
- Black or African American: 35.04%
- Other race: 2.71%
- Asian: 2.60%
- Two or more races: 2.53%
- Native American: 0.19%
- Native Hawaiian or Pacific Islander: 0.05%