Rent is higher than in 74% of U.S. cities. Incomes are on the low side for rents this high, so budgets feel tight. 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 $84,720 a year. That is $41 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 295 of 479 cities from cheapest to most expensive.
How much do households earn in Fern Park?
Share of households by yearly income. 25.8% of households earn $100,000 or more.
Rent by apartment size in Fern Park
| Size | Fern Park | U.S. average |
|---|---|---|
| Studio | $1,453 | $1,338 |
| 1 bedroom | $1,278 | $1,324 |
| 2 bedrooms | $1,697 | $1,509 |
| 3 bedrooms | $1,862 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Fern Park 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 Fern Park, so the Florida figure is shown.
Taxes and bills in Fern Park
Life in Fern Park
Is it cheaper to rent or buy in Fern Park?
Renting is cheaper right now: about $289 a month less.
Owning assumes a typical $346,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $34,690 for the down payment.
Frequently asked questions
What is the average rent in Fern Park, FL?
Renting in Fern Park costs a median of about $2,118 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Fern Park?
To keep rent under 30% of income, you need about $84,720 a year, or $41 an hour at a full-time job.
Is Fern Park cheap or expensive?
Fern Park is rated Expensive: rent takes 39.7% of the typical household income of $64,093. It ranks 295th cheapest of 479 Florida cities we track.
How much are property taxes in Fern Park?
The median homeowner in Fern Park pays $2,114 a year in property taxes, about 0.61% of the median home value.
Is Fern Park 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 Fern Park?
The median home value in Fern Park is $346,900, about 5.4 times the typical yearly household income.
7,981 people live in Fern Park. Numbers are typical (middle) values.