salaryRent is higher than in 87% of U.S. cities. A typical house costs about 4.9 years of household income. Commutes are long, about 38.2 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $103,120 a year. That is $50 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 409 of 479 cities from cheapest to most expensive.
How much do households earn in Cutler Bay?
Share of households by yearly income. 32.4% of households earn $100,000 or more.
Rent by apartment size in Cutler Bay
| Size | Cutler Bay | U.S. average |
|---|---|---|
| Studio | $1,287 | $1,338 |
| 2 bedrooms | $1,894 | $1,509 |
| 3 bedrooms | $2,709 | $1,698 |
| 4 bedrooms | $2,821 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Cutler Bay 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 Cutler Bay, so the Florida figure is shown.
Taxes and bills in Cutler Bay
Life in Cutler Bay
Is it cheaper to rent or buy in Cutler Bay?
Renting is cheaper right now: about $702 a month less.
Owning assumes a typical $472,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $47,270 for the down payment.
Frequently asked questions
What is the average rent in Cutler Bay, FL?
Renting in Cutler Bay costs a median of about $2,578 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Cutler Bay?
To keep rent under 30% of income, you need about $103,120 a year, or $50 an hour at a full-time job.
Is Cutler Bay cheap or expensive?
Cutler Bay is rated Expensive: rent takes 32.1% of the typical household income of $96,250. It ranks 409th cheapest of 479 Florida cities we track.
How much are property taxes in Cutler Bay?
The median homeowner in Cutler Bay pays $4,095 a year in property taxes, about 0.87% of the median home value.
Is Cutler Bay 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 Cutler Bay?
The median home value in Cutler Bay is $472,700, about 4.9 times the typical yearly household income.
45,070 people live in Cutler Bay. Numbers are typical (middle) values.