salaryRent is higher than in 59% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 39.2 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $72,760 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 164 of 479 cities from cheapest to most expensive.
How much do households earn in Inwood?
Share of households by yearly income. 8.5% of households earn $100,000 or more.
Rent by apartment size in Inwood
| Size | Inwood | U.S. average |
|---|---|---|
| Studio | $1,374 | $1,338 |
| 1 bedroom | $1,498 | $1,324 |
| 2 bedrooms | $1,107 | $1,509 |
| 3 bedrooms | $1,252 | $1,698 |
| 4 bedrooms | $1,761 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Inwood 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 Inwood, so the Florida figure is shown.
Taxes and bills in Inwood
Life in Inwood
Is it cheaper to rent or buy in Inwood?
Buying is cheaper month to month: about $832 a month less than renting.
Owning assumes a typical $142,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $14,230 for the down payment.
Frequently asked questions
What is the average rent in Inwood, FL?
Renting in Inwood costs a median of about $1,819 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Inwood?
To keep rent under 30% of income, you need about $72,760 a year, or $35 an hour at a full-time job.
Is Inwood cheap or expensive?
Inwood is rated Expensive: rent takes 36.4% of the typical household income of $59,900. It ranks 164th cheapest of 479 Florida cities we track.
How much are property taxes in Inwood?
The median homeowner in Inwood pays $1,023 a year in property taxes, about 0.72% of the median home value.
Is Inwood 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 Inwood?
The median home value in Inwood is $142,300, about 2.4 times the typical yearly household income.
7,556 people live in Inwood. Numbers are typical (middle) values.