States › Florida › Edgewater

Is Edgewater, FL expensive to live in?

ExpensiveRent takes 34 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8415% higher than U.S. average
💵 Families earn per year (2026)$65,764about $5,480/month · 24% lower than U.S. average
🔑 House price$256,20023% lower than U.S. average

Rent is higher than in 60% of U.S. cities. A typical house costs about 3.9 years of household income. Most homes (90.1%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $73,640 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 178 of 479 cities from cheapest to most expensive.

Edgewater
$1,841
$1,518
$1,389

How much do households earn in Edgewater?

Under $25k
17.3%
$25k–50k
28.8%
$50k–100k
36.3%
$100k–150k
11.3%
$150k+
3.9%

Share of households by yearly income. 15.2% of households earn $100,000 or more.

Rent by apartment size in Edgewater

SizeEdgewaterU.S. average
2 bedrooms$1,120$1,509
3 bedrooms$1,738$1,698

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

How expensive is Edgewater 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 Edgewater, so the Florida figure is shown.

Taxes and bills in Edgewater

🏛️ Property tax$1,526a year · 0.60% of home value · U.S. $3,119
⚡ Electric bill$166a month (typical) · U.S. $156

Life in Edgewater

Commute to work25.7 minU.S.: 26.4 min
College degree24.1%U.S.: 35.7%
Own their home90.1%U.S.: 65.2%
Below poverty line10%U.S.: 12.5%
Unemployment3.7%U.S.: 5.2%

Is it cheaper to rent or buy in Edgewater?

Buying is cheaper month to month: about $63 a month less than renting.

Renting
$1,841
Owning
$1,778

Owning assumes a typical $256,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $25,620 for the down payment.

Frequently asked questions

What is the average rent in Edgewater, FL?

Renting in Edgewater costs a median of about $1,841 a month in 2026, including utilities. The Florida median is $1,963.

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

To keep rent under 30% of income, you need about $73,640 a year, or $35 an hour at a full-time job.

Is Edgewater cheap or expensive?

Edgewater is rated Expensive: rent takes 33.6% of the typical household income of $65,764. It ranks 178th cheapest of 479 Florida cities we track.

How much are property taxes in Edgewater?

The median homeowner in Edgewater pays $1,526 a year in property taxes, about 0.60% of the median home value.

Is Edgewater 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 Edgewater?

The median home value in Edgewater is $256,200, about 3.9 times the typical yearly household income.

23,627 people live in Edgewater. Numbers are typical (middle) values.