Real Estate Investing in Carrabelle, Florida

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

2 ZIP codes • Population: 4,376 • Franklin

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Should you buy in Carrabelle, FL? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (45/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 48.1% of homes vacant — above national norms.
  • Elevated poverty: 22.5% poverty rate — can affect rent collection.

What’s happening in Carrabelle, FL?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.8% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $264,936
Avg Monthly Rent $1,116
ZIP Codes 2

Investing in Carrabelle Real Estate

Carrabelle, FL covers 2 ZIP codes and a population but the investment metrics here are soft — this is not a market to enter casually.

Investors considering Carrabelle, FL should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Market conditions in Carrabelle are underwhelming. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Population dynamics in Carrabelle haven't been supportive. a stretch for combined with underwhelming income growth, the demographic backdrop complicates any purely financial underwriting.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Carrabelle, FL. Anonymous, moderated, never written by AI.

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Avg Home Value
$264,936
Avg Monthly Rent
$1,116
1% Rule
✗ Below
Landlord Friendly (FL)

ZIP Codes in Carrabelle, FL

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Filter Carrabelle’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Carrabelle, FL

What is the average home sale price in Carrabelle, FL?

Expect median prices around $265K in Carrabelle, FL. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.

How deep is the rental pool in Carrabelle, FL?

The tenant pool in Carrabelle, FL is solid, supported by local employment and population fundamentals. Rents of $1,116/mo are well-absorbed by the market.

How should investors approach Carrabelle, FL?

Most investors in Carrabelle, FL run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

How does Carrabelle, FL rate as a rental market?

Carrabelle, FL scores 3.0/5 for investability. Home values sit at $265K and rents near $1,116/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

What are rental rates like in Carrabelle, FL?

Average rent in Carrabelle, FL is approximately $1,116/mo per month. Against $265K home values that yields a reasonable rent-to-price ratio.

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