It sounds impossible in today’s market, but there’s still one beach town in the U.S. where you can score an oceanfront condo for less than $150,000. While prices in Florida and California have skyrocketed, this quiet coastal spot has stayed surprisingly affordable—and it’s starting to draw attention from smart buyers and early retirees.
Gulfport, Mississippi
Located on the Gulf Coast, Gulfport is one of the few remaining towns where you can buy a condo with water views without blowing your budget. Units in well-kept buildings along the beachfront still list for $130K–$150K—some even furnished and ready to rent out or move into.
The area offers a relaxed vibe, warm weather, and easy access to nearby Biloxi, which has casinos, dining, and entertainment. It’s not Miami, but that’s part of the appeal—lower costs, less traffic, and a slower pace.
HOA Fees Are Manageable—and Rentals Are Allowed
One of the standout features of Gulfport’s condo market is that many buildings allow short-term rentals, which opens the door to Airbnb income. Combined with relatively low HOA fees (often $200–$400/month), this makes it a legit option for part-time landlords or snowbirds.
Just be sure to double-check building rules, since some condos have minimum rental periods or owner-occupancy requirements. Still, the flexibility here is far better than what you’ll find in more regulated coastal markets.
The Town Is Quiet—But That’s What Buyers Want
Gulfport isn’t packed with tourists, which keeps the vibe calm and the beaches uncrowded. It’s a draw for retirees, digital nomads, and people looking for a second home that won’t drain their savings. The cost of living is well below the national average, and property taxes are low by coastal standards.
If you’re looking for nightlife and nonstop activity, this isn’t the place. But if you’re after affordability, ocean views, and room to breathe—it checks all the boxes.
Insurance Costs Are Rising—but Still Beatable
Coastal insurance is a growing issue everywhere, and Mississippi is no exception. That said, premiums in Gulfport are still manageable compared to Florida. Buyers should budget a bit more for wind and flood coverage, but many condo buildings have master policies that help keep costs predictable.
Working with a local agent who knows the area can help you avoid surprises—and make sure your coverage matches the property’s risk profile.
Inventory Moves Fast—But It’s Still Out There
Because prices are so low for oceanfront, listings in Gulfport don’t sit around long. Many buyers come from out of state, especially when they realize what $150K won’t buy in most other beach towns. Watching local MLS listings or platforms like Zillow or Realtor.com can help you move quickly when the right deal pops up.
The Bottom Line
If you thought oceanfront property was out of reach, Gulfport proves otherwise. It’s one of the last remaining beach towns where $150K still goes a long way. Whether you’re looking for a laid-back retirement spot or a low-maintenance rental with a view, this little stretch of coastline might be your best-kept secret.
Alexander Clark is a financial writer with a knack for breaking down complex market trends and economic shifts. As a contributor to The Daily Overview, he offers readers clear, insightful analysis on everything from market movements to personal finance strategies. With a keen eye for detail and a passion for keeping up with the fast-paced world of finance, Alexander strives to make financial news accessible and engaging for everyone.
