8 Affordable Small Cities To Retire in Florida

Some retirees dream of jet-setting across the globe to explore faraway destinations, while others envision their golden years spent somewhere warm, relaxing and affordable.

Thanks to no state income tax and zero taxes on Social Security and pensions, plus year-round sunshine, Florida continues to rank as one of the most retiree-friendly states, especially for those living on a fixed income.

Discover More: 7 Up-and-Coming Florida Neighborhoods That Retirees Can Afford Now

For You: How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, Too

But not all Florida cities offer an affordable lifestyle. For example, major cities like Miami Beach and Palm Beach may boast oceanfront views and luxurious amenities, but they come with sky-high home prices and a steep cost of living.

For a more affordable option, many retirees are migrating to Florida’s smaller cities. These quieter destinations still offer sunshine, beaches, access to parks and outdoor recreation, and senior favorites –such as golf, biking trails, arts and culture and plenty of birdwatching.

To bring you the best small cities to retire in Florida, GOBankingRates analyzed data from multiple sources on median housing prices and average rental costs from Zillow, population and median household income.

Trending Now: Suze Orman’s Secret to a Wealthy Retirement–Have You Made This Money Move?

Port Charlotte

• Population over 65: 30%

• Median home sale price: $245,667

• Average monthly rent: $1,721

• Median household income: $60,501

Pine Hills

• Population over 65: 13%

• Median home sale price: $256,500

• Average monthly rent: $1,942

• Median household income: $46,199

Find Out: 44 Best Small Towns To Retire in America

Pensacola

• Population 65+: 18%

• Median home sale price: $265,000

• Average monthly rent: $1,750

• Median household income: $72,699

Inverness

• Population over 65: 40%

• Median home sale price: $287, 500

• Average monthly rent: $1,750

• Median household income: $44,899

Ocala

• Population over 65: 19.3%

• Median home sale price: $299,000

• Average monthly rent: $1,800

• Median household income: $52,121

Spring Hill

• Population over 65: 23%

• Median home sale price: $315,000

• Average monthly rent: $2,000

• Median household income: $55,573

Kissimmee

• Population over 65: 12%

• Median home sale price: $324,500

• Average monthly rent: $2,295

• Median household income: $41,746

Melbourne

• Population over 65: 22%

• Median home sale price: $350,283

• Average monthly rent: $2,100

• Median household income: $55,543

More From GOBankingRates

• 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025

• 4 Things You Should Do if You Want To Retire Early 

• 7 Wealth-Building Shortcuts Proven To Add $1K to Your Wallet This Month

• 5 Things You Must Do When Your Savings Reach $50,000

This article originally appeared on GOBankingRates.com: 8 Affordable Small Cities To Retire in Florida