salaryRent is higher than in 55% of U.S. cities. A typical house costs about 4.8 years of household income. It is a highly educated city: 55.3% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $70,400 a year. That is $34 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 147 of 479 cities from cheapest to most expensive.
How much do households earn in Cheval?
Share of households by yearly income. 43.8% of households earn $100,000 or more.
Rent by apartment size in Cheval
| Size | Cheval | U.S. average |
|---|---|---|
| Studio | $1,039 | $1,338 |
| 1 bedroom | $1,211 | $1,324 |
| 2 bedrooms | $1,642 | $1,509 |
| 3 bedrooms | $2,313 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Cheval overall?
Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Cheval, so the Florida figure is shown.
Taxes and bills in Cheval
Life in Cheval
Is it cheaper to rent or buy in Cheval?
Renting is cheaper right now: about $1,888 a month less.
Owning assumes a typical $525,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $52,570 for the down payment.
Frequently asked questions
What is the average rent in Cheval, FL?
Renting in Cheval costs a median of about $1,760 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Cheval?
To keep rent under 30% of income, you need about $70,400 a year, or $34 an hour at a full-time job.
Is Cheval cheap or expensive?
Cheval is rated Cheap: rent takes 19.2% of the typical household income of $109,907. It ranks 147th cheapest of 479 Florida cities we track.
How much are property taxes in Cheval?
The median homeowner in Cheval pays $5,638 a year in property taxes, about 1.07% of the median home value.
Is Cheval 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 Cheval?
The median home value in Cheval is $525,700, about 4.8 times the typical yearly household income.
13,969 people live in Cheval. Numbers are typical (middle) values.