Places You Can Buy A Waterfront Home That Are Actually Affordable
A Penny For A Scenery
No, babe, owning a waterside home is not just a pipe dream. From east to west, these 41 cities prove that coastal living doesn't require a billionaire's budget—although having one would help.
Why These Waterfront Cities Call Your Name
Waterfront cities bring unique advantages that make them particularly appealing. An Environmental Health Perspectives journal mentions that mortality rates drop 12–17% when you live 250m from water. Plus, the properties enjoy a 7.2% price premium over inland homes.
The Real Scoop: What You Should Know Before Diving In
While the allure of waterfront living is strong, downsides exist. Insurance costs in these areas typically run 20-30% higher than inland properties. Then, there are added costs on increased maintenance demands due to salt air and humidity. Floods, rising tides, hurricanes, etc., are also a lingering downside.
Behind The Numbers
Our analysis draws from multiple trusted sources, primarily neighborhoodscout.com. We include metrics that consider factors like cost of living, mortgage payments, and quality of life indicators to identify genuinely affordable waterside gems. Oh, and as a bonus, we also include a little extra on the activities to expect.
Clearlake, California
Average Home Value: $256,442
Sitting pretty on California's largest natural freshwater lake, Clearlake offers affordable living with a bonus: a warm Mediterranean climate with hot summers. The city's economy and property values have grown significantly year-over-year. Residents enjoy world-class bass fishing and water sports against the backdrop of the stunning Mount Konocti.
