Carrabelle, Franklin County, FL

Median Home Price Price

$307,144 $307.1K

Median Monthly Rent Rent

$1,850 $1.9K

14.0x

Market Snapshot

Carrabelle, Franklin County, FL is a city market with a median home price of $307,144, a median monthly rent of $1,850, a GRM of 14.0x, and a price-to-rent ratio of 13.8.

More markets to explore

Explore the data
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Apalachicola
$298K $1.3K 19.0x

Home prices

Monthly rent

GRM = home price / annual rent

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Tamarac, Broward County, FL
$305K $2.4K 10.0x
South Highpoint, Pinellas County, FL
$295K $2.0K 12.0x
Port Richey, Pasco County, FL
$224K $1.7K 11.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Houma, Terrebonne Parish, LA
$188K $1.4K 11.0x
Iron City, Seminole County, GA
$154K $950 13.0x
Chapin, Morgan County, IL
$98K $1.4K 6.0x

Home prices

Monthly rent

GRM = home price / annual rent

Carrabelle

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Benchmark comparison

Rent in Carrabelle, FL is 38.8% higher than Apalachicola, FL.

Compare to Apalachicola, FL
Carrabelle, FL
Apalachicola, FL
Delta
Median rent
$1,850
$1,333
-$517
Median price
$307,144
$297,981
-$9,163
YoY change
-$32
-$22
+$10
Price-to-rent
13.8x
18.6x
+4.8x

Key takeaways

  • Carrabelle, Franklin County, FL has a lower-grm screening profile: At 14.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent is down about $32 year over year, so use alternatives to test whether the trend is market-specific.
  • Rent in Carrabelle, FL is 38.8% higher than Apalachicola, FL.