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Cost of Living in Englewood, FL

Population 20,091 · Census ACS 2020–2024 5-year estimates

Median rent$1,242
Median home value$339,900
Median household income$69,222

The median rent in Englewood, FL is $1,242/month, 26% lower than the Florida median and 12% lower than the U.S. median. The median home value is $339,900, 2% higher than the national median. Households earn a median of $69,222 a year, 7% lower than the state median.

Affordability

Rent as a share of median income: 21.5%
Income needed for median rent (30% rule): $49,680/yr
Home price-to-income ratio: 4.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,719/mo

Run your own numbers: mortgage calculator · hourly to salary

Englewood vs. Florida vs. U.S.

EnglewoodFloridaU.S.
Median rent$1,242$1,669$1,413
Median home value$339,900$359,000$332,700
Median household income$69,222$74,568$80,734
Homeownership rate87.0%67.6%65.2%
Bachelor's degree or higher33.9%34.1%35.7%
Poverty rate8.5%12.6%12.5%
Unemployment rate6.0%4.8%5.2%
Work from home19.3%15.7%15.1%
Median age68.542.638.9

FAQ

What is the average rent in Englewood, FL?

The median gross rent in Englewood, FL is $1,242 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Englewood, FL?

Using the common 30% rule, renting a median-priced home takes about $49,680 a year in gross income.

Is Englewood, FL expensive to live in?

Rent there is 12% lower than the U.S. median, and the median home costs about 4.9 times the median household income.

Other cities in Florida

Jacksonville, FLRent $1,465 · Income $69,872Miami, FLRent $1,758 · Income $62,462Tampa, FLRent $1,701 · Income $75,475Orlando, FLRent $1,747 · Income $72,336St. Petersburg, FLRent $1,663 · Income $75,192Port St. Lucie, FLRent $1,937 · Income $80,648

Cities with a similar cost of living

Kansas City, MORent $1,238 · Income $69,166Springfield, ORRent $1,258 · Income $68,761Grand Rapids, MIRent $1,266 · Income $69,108Temple, TXRent $1,231 · Income $68,204Valparaiso, INRent $1,224 · Income $69,872Raytown, MORent $1,218 · Income $68,840

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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