salaryRent is higher than in 73% of U.S. cities. A typical house costs about 3.8 years of household income. Commutes are long, about 31.8 minutes each way. Most homes (78.5%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $83,560 a year. That is $40 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 286 of 479 cities from cheapest to most expensive.
How much do households earn in Lutz?
Share of households by yearly income. 46.6% of households earn $100,000 or more.
Rent by apartment size in Lutz
| Size | Lutz | U.S. average |
|---|---|---|
| 1 bedroom | $1,698 | $1,324 |
| 2 bedrooms | $1,798 | $1,509 |
| 3 bedrooms | $2,242 | $1,698 |
| 4 bedrooms | $3,303 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lutz 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 Lutz, so the Florida figure is shown.
Taxes and bills in Lutz
Life in Lutz
Is it cheaper to rent or buy in Lutz?
Renting is cheaper right now: about $1,287 a month less.
Owning assumes a typical $486,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $48,650 for the down payment.
Frequently asked questions
What is the average rent in Lutz, FL?
Renting in Lutz costs a median of about $2,089 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Lutz?
To keep rent under 30% of income, you need about $83,560 a year, or $40 an hour at a full-time job.
Is Lutz cheap or expensive?
Lutz is rated Cheap: rent takes 19.4% of the typical household income of $129,453. It ranks 286th cheapest of 479 Florida cities we track.
How much are property taxes in Lutz?
The median homeowner in Lutz pays $3,713 a year in property taxes, about 0.76% of the median home value.
Is Lutz 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 Lutz?
The median home value in Lutz is $486,500, about 3.8 times the typical yearly household income.
27,106 people live in Lutz. Numbers are typical (middle) values.