Daytona Beach offers affordable home buying, particularly in Holly Hill, South Daytona, and Midtown. These areas provide coastal living without high costs. Affordable places to buy a home in Daytona Beach exist due to less development and more available land. However, rising popularity may increase future prices, making now a good time to buy.
Why Buy a Home in Daytona Beach?
People move here for the beach, the weather, and the affordability. Other Florida cities are pricing people out, but Daytona Beach still has areas where a solid home doesn’t cost you your savings.
- Coastal living without Miami or Tampa prices – You get the ocean breeze and beach lifestyle at a fraction of the price.
- Lower cost of living – Florida has no state income tax, and Daytona Beach’s cost of living is lower compared to other coastal cities.
- Great for investment– Whether you’re buying to live in or rent out, Daytona Beach has a strong real estate market.
Now, let’s talk about the most affordable areas to buy a home in Daytona Beach.
Best Affordable Neighborhoods in Daytona Beach
1. Holly Hill
Holly Hill is a small city just northwest of Daytona Beach. It’s close enough to the ocean without the steep price tags.
- Median home price: Lower than Daytona Beach itself
- Small-town feel but close to everything
- Parks, waterfront views, and plenty of local shops
If you want something affordable while still being near the action, Holly Hill should be on your list.
2. South Daytona
South Daytona is one of those underrated areas where home prices are better than most places in the city.
- Close to beaches but with lower property taxes
- Usually quieter than downtown Daytona Beach
- Great for families looking for affordable homes
Looking for an affordable home in Daytona Beach with community perks? South Daytona is a solid choice.
3. Midtown
Midtown is a more urban area but still has great deals if you know where to look.
- Close to Daytona International Speedway
- More affordable homes compared to the beachside areas
- Upcoming developments could raise future property values
If you don’t mind being a little farther from the beach for a lower price, check out Midtown.
What’s Driving Daytona Beach’s Lower Prices?
Daytona Beach is still affordable compared to other Florida coastal cities. But why?
- It’s not as developed as Miami or Tampa.
- More available land = lower prices.
- Not as many high-rise condos keeping prices down.
That won’t last forever, though. As more people move to Florida, prices will rise. Buying now might be the smartest move.
FAQs
Is Daytona Beach a good place to invest in real estate?
Yes. It’s still affordable compared to other Florida cities, and home values are increasing.
What part of Daytona Beach is the cheapest?
Holly Hill, South Daytona, and Midtown have some of the most affordable homes in the area.
What’s the average home price in Daytona Beach?
It varies by neighborhood, but you can still find homes under $300K in some areas.
Is Daytona Beach growing?
Yes. More people are moving in, which means home prices could rise in the future.
Conclusion
Daytona Beach presents a compelling opportunity for affordable homeownership, especially in neighborhoods like Holly Hill, South Daytona, and Midtown. The region’s appeal lies in its coastal lifestyle, lower cost of living, and investment potential. While current affordability is driven by less dense development and ample land, the area’s growing popularity suggests that prices may rise. Therefore, prospective buyers looking for affordable places to buy a home in Daytona Beach should consider acting promptly to capitalize on the current market conditions.
