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Editor’s Note: Recently, MoneyWise revealed its list of the 40 most frugal and friendly places to retire. In a bid to provide an idea of what housing inventory is available in these cities and towns, we’re taking a look at listings in each of the cities on the list.

Not everyone can spend $1 million or more on a second home, even if it’s with the idea that eventually you’ll retire there. So when MoneyWise’s list of 40 places to retire that are more budget-friendly came out, we were curious — what kind of homes could you find in these towns?

Last week, we looked at the 34th city on the list — Mesa, Arizona. This week, we look at Lakeland, Florida, and found three great homes — all for less than $500,000.

“Lakeland is nestled safely in the middle of Florida, far away from weather-beaten coasts,” MoneyWise said. “The climate is warm and mild all year, and the cost of living requires an income of only $39,000. This is a family-friendly town that is home to a hospital and 17 healthcare centers.”


Price: $109,900

Located in the popular Casa Loma community, which was developed around Scott Lake, this three-bedroom, two-bath condo has 1,425 square feet of living space, making it a great spot for the downsizers who still want to host family. (more…)