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Carrabelle, FL Home Values and Rents
The typical home value in Carrabelle is $299,624, 618th highest of 768 cities and towns in Florida. Median rent is $914 a month.
- Typical home value
- $299,624
- 618th of 768 in FL
- Median rent
- $914/mo
- ACS 2020-2024
- Price change, 1 year
- -2.8%
- Sep 2026
- Homeownership
- 67.4%
- FL: 67.6%
Typical home value in Carrabelle
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Carrabelle |
|---|---|
| Sep 2026 | $299,624 |
| Dec 2025 | $296,755 |
| Dec 2024 | $324,734 |
| Dec 2023 | $320,349 |
| Dec 2022 | $300,008 |
| Dec 2021 | $270,112 |
| Dec 2020 | $221,857 |
| Dec 2019 | $197,330 |
| Dec 2018 | $181,912 |
| Dec 2017 | $166,881 |
| Dec 2016 | $159,961 |
| Dec 2015 | $151,045 |
| Dec 2014 | $138,543 |
| Dec 2013 | $133,533 |
| Dec 2012 | $125,451 |
Over five years, Carrabelle prices changed +16.3%.
Source: Zillow Research · Last updated 09/01/2026
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Fair Market Rents, FY2027
HUD rent standard for Franklin County, FL
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $930 | -10.0% |
| 1 bedroom | $953 | -9.9% |
| 2 bedrooms | $1,068 | -9.9% |
| 3 bedrooms | $1,408 | -10.0% |
| 4 bedrooms | $1,413 | -10.0% |
Frequently asked questions
- What is the typical home value in Carrabelle, FL?
- The typical home value in Carrabelle is $299,624 (Zillow Home Value Index, Sep 2026). The Florida median is $359,000.
- How much is rent in Carrabelle?
- The median rent in Carrabelle is $914 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,068.
- Are home prices going up in Carrabelle?
- The typical home value in Carrabelle changed -2.8% over one year and +16.3% over five years, as of Sep 2026.
- How does Carrabelle compare with the rest of Florida?
- Carrabelle has the 618th highest median home value of 768 cities and towns with 1,000+ residents in Florida.