Housing in Florida

A typical Florida home is worth roughly $151,000

Typical home value

$151K

IN $260K

Estimate

2-bedroom rent

$970

a month, utilities in · HUD

Median tax bill

$593

IN $1,614

What kind of housing town is Florida?

Read from the numbers below. The page puts what stands out first.

Your money goes further42% below the Indiana typical home.

★ What stands out · Affordability

A typical home costs 2.8 years of income

Less than across Indiana (3.6 years). Try your own numbers below.

You could afford about

$226,000

Typical Florida home $151K

That covers a typical Florida home, with $75K to spare.

The typical home, each month

$840

Loan $750Tax $50Insurance $40

A two-bedroom rents for about $970 a month here, $130 more than owning.

Where your budget reaches nearby

Clinton$130K Raccoon$213K Clinton$102K Wabash$109K Otter Creek$162K Adams$148K Nevins$176K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Florida’s typical property tax (0.39% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $970

Renters already here pay a median of $676, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$720

1 bedroom$740

2 bedrooms$970

3 bedrooms$1,260

4 bedrooms$1,330

12%

of households rent · IN 29%

renter households

26%

of renters spend 30%+ of income on rent · IN 48%

22%

of the median income, for a two-bedroom

$676

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Terre Haute, IN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

88% of Florida households own their home

Half of Florida’s homes were built before 1970.

Owners and renters

Own 88%Rent 12%

Indiana: 71% own.

1970

typical home built · IN 1976

$593

median property tax bill · IN $1,614

0.39%

of a home’s value, a year in tax · IN 0.74%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Florida vs. its neighbors

Florida is the 4th priciest of 8 neighboring towns. Tap one to see its housing page.

Raccoon$213K Nevins$176K Otter Creek$162K Florida$151K Adams$148K Clinton$130K Wabash$109K Clinton$102K

Compare more

Town	Typical value	1-yr change	2-bed rent	New homes 2025	Median income
Florida	$151K*	—	$970	—	$53,750
Clinton	$130K	+0.3%	$1,010	—	$57,404
Raccoon	$213K*	—	$990	—	$73,839
Clinton	$102K*	+6.6%†	$1,010	3	$42,922
Wabash	$109K*	—	$1,010	—	$75,953
Otter Creek	$162K*	+6.6%†	$1,010	—	$71,732
Adams	$148K*	+14.5%†	$960	—	$61,190
Nevins	$176K*	+5.9%†	$1,010	—	$66,131

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Florida buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Florida still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.