Rent is lower than in 68% of U.S. cities. A typical house costs about 3.7 years of household income. Most homes (89.2%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $52,600 a year. That is $25 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 49 of 479 cities from cheapest to most expensive.
How much do households earn in Mims?
Share of households by yearly income. 26.7% of households earn $100,000 or more.
Rent by apartment size in Mims
| Size | Mims | U.S. average |
|---|---|---|
| 2 bedrooms | $996 | $1,509 |
| 3 bedrooms | $1,584 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Mims 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 Mims, so the Florida figure is shown.
Taxes and bills in Mims
Life in Mims
Is it cheaper to rent or buy in Mims?
Renting is cheaper right now: about $320 a month less.
Owning assumes a typical $235,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $23,570 for the down payment.
Frequently asked questions
What is the average rent in Mims, FL?
Renting in Mims costs a median of about $1,315 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Mims?
To keep rent under 30% of income, you need about $52,600 a year, or $25 an hour at a full-time job.
Is Mims cheap or expensive?
Mims is rated OK: rent takes 24.8% of the typical household income of $63,637. It ranks 49th cheapest of 479 Florida cities we track.
How much are property taxes in Mims?
The median homeowner in Mims pays $1,477 a year in property taxes, about 0.63% of the median home value.
Is Mims 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 Mims?
The median home value in Mims is $235,700, about 3.7 times the typical yearly household income.
7,610 people live in Mims. Numbers are typical (middle) values.