States › Florida › Carrollwood

Is Carrollwood, FL expensive to live in?

OKRent takes 25 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8294% higher than U.S. average
💵 Families earn per year (2026)$88,393about $7,366/month · 2% higher than U.S. average
🔑 House price$384,60016% higher than U.S. average

Rent is higher than in 59% of U.S. cities. A typical house costs about 4.4 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $73,160 a year. That is $35 an hour at a full-time job.

Is rent cheaper than other Florida cities?

Yes. Rent here is cheaper than in most of Florida. It is number 170 of 479 cities from cheapest to most expensive.

Carrollwood
$1,829
Lauderdale Lakes
$1,888
Parkland
$3,322
Dunedin
$2,030
Kendall West
$2,594
Fruit Cove
$2,191
Egypt Lake-Leto
$1,934

How much do households earn in Carrollwood?

Under $25k
11.5%
$25k–50k
21.5%
$50k–100k
29.9%
$100k–150k
16.6%
$150k+
16.4%

Share of households by yearly income. 33.0% of households earn $100,000 or more.

Rent by apartment size in Carrollwood

SizeCarrollwoodU.S. average
Studio$1,261$1,338
1 bedroom$1,597$1,324
2 bedrooms$1,862$1,509
3 bedrooms$2,034$1,698
4 bedrooms$1,907$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Carrollwood overall?

Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing
122
Goods (food, clothes…)
98
Utilities
90
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Carrollwood, so the Florida figure is shown.

Taxes and bills in Carrollwood

🏛️ Property tax$3,000a year · 0.78% of home value · U.S. $3,119
⚡ Electric bill$171a month (typical) · U.S. $156

Life in Carrollwood

Commute to work26.6 minU.S.: 26.4 min
College degree44%U.S.: 35.7%
Own their home68.5%U.S.: 65.2%
Below poverty line8.4%U.S.: 12.5%
Unemployment4.5%U.S.: 5.2%

Is it cheaper to rent or buy in Carrollwood?

Renting is cheaper right now: about $840 a month less.

Renting
$1,829
Owning
$2,669

Owning assumes a typical $384,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $38,460 for the down payment.

Frequently asked questions

What is the average rent in Carrollwood, FL?

Renting in Carrollwood costs a median of about $1,829 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Carrollwood?

To keep rent under 30% of income, you need about $73,160 a year, or $35 an hour at a full-time job.

Is Carrollwood cheap or expensive?

Carrollwood is rated OK: rent takes 24.8% of the typical household income of $88,393. It ranks 170th cheapest of 479 Florida cities we track.

How much are property taxes in Carrollwood?

The median homeowner in Carrollwood pays $3,000 a year in property taxes, about 0.78% of the median home value.

Is Carrollwood more expensive than the national average?

Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Carrollwood?

The median home value in Carrollwood is $384,600, about 4.4 times the typical yearly household income.

36,725 people live in Carrollwood. Numbers are typical (middle) values.