States › Florida › Coral Springs

Is Coral Springs, FL expensive to live in?

ExpensiveRent takes 31 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,63250% higher than U.S. average
💵 Families earn per year (2026)$100,950about $8,413/month · 16% higher than U.S. average
🔑 House price$545,40064% higher than U.S. average

Rent is higher than in 88% of U.S. cities. A typical house costs about 5.4 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $105,280 a year. That is $51 an hour at a full-time job.

Is rent cheaper than other Florida cities?

No. Rent here is more expensive than in most of Florida. It is number 414 of 479 cities from cheapest to most expensive.

Coral Springs
$2,632
Miramar
$2,670
Lehigh Acres
$2,287
Palm Bay
$1,870
Gainesville
$1,510
West Palm Beach
$2,188
Spring Hill
$1,838

How much do households earn in Coral Springs?

Under $25k
9.3%
$25k–50k
18.1%
$50k–100k
33.9%
$100k–150k
20.8%
$150k+
15.5%

Share of households by yearly income. 36.3% of households earn $100,000 or more.

Rent by apartment size in Coral Springs

SizeCoral SpringsU.S. average
Studio$1,523$1,338
1 bedroom$1,755$1,324
2 bedrooms$2,113$1,509
3 bedrooms$2,643$1,698
4 bedrooms$3,401$2,098

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

How expensive is Coral Springs 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 Coral Springs, so the Florida figure is shown.

Taxes and bills in Coral Springs

🏛️ Property tax$5,545a year · 1.02% of home value · U.S. $3,119
⚡ Electric bill$203a month (typical) · U.S. $156

Life in Coral Springs

Commute to work29.9 minU.S.: 26.4 min
College degree39.9%U.S.: 35.7%
Own their home60.3%U.S.: 65.2%
Below poverty line7.6%U.S.: 12.5%
Unemployment5.1%U.S.: 5.2%

Is it cheaper to rent or buy in Coral Springs?

Renting is cheaper right now: about $1,152 a month less.

Renting
$2,632
Owning
$3,784

Owning assumes a typical $545,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $54,540 for the down payment.

Frequently asked questions

What is the average rent in Coral Springs, FL?

Renting in Coral Springs costs a median of about $2,632 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Coral Springs?

To keep rent under 30% of income, you need about $105,280 a year, or $51 an hour at a full-time job.

Is Coral Springs cheap or expensive?

Coral Springs is rated Expensive: rent takes 31.3% of the typical household income of $100,950. It ranks 414th cheapest of 479 Florida cities we track.

How much are property taxes in Coral Springs?

The median homeowner in Coral Springs pays $5,545 a year in property taxes, about 1.02% of the median home value.

Is Coral Springs 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 Coral Springs?

The median home value in Coral Springs is $545,400, about 5.4 times the typical yearly household income.

136,103 people live in Coral Springs. Numbers are typical (middle) values.