States › Florida › Minneola

Is Minneola, FL expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,42038% higher than U.S. average
💵 Families earn per year (2026)$119,608about $9,967/month · 37% higher than U.S. average
🔑 House price$420,80026% higher than U.S. average

Rent is higher than in 84% of U.S. cities. A typical house costs about 3.5 years of household income. Most homes (81.9%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $96,800 a year. That is $47 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 378 of 479 cities from cheapest to most expensive.

Minneola
$2,420
Yulee
$2,658
Niceville
$2,361
Gladeview
$1,419
Lady Lake
$1,851
Lake Wales
$1,400
Lake Mary
$2,042

How much do households earn in Minneola?

Under $25k
6.7%
$25k–50k
16.9%
$50k–100k
43.5%
$100k–150k
24.7%
$150k+
6.1%

Share of households by yearly income. 30.8% of households earn $100,000 or more.

Rent by apartment size in Minneola

SizeMinneolaU.S. average
2 bedrooms$2,048$1,509
3 bedrooms$2,033$1,698

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

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

Taxes and bills in Minneola

🏛️ Property tax$3,651a year · 0.87% of home value · U.S. $3,119
⚡ Electric bill$204a month (typical) · U.S. $156

Life in Minneola

Commute to work27.1 minU.S.: 26.4 min
College degree35.1%U.S.: 35.7%
Own their home81.9%U.S.: 65.2%
Below poverty line4.7%U.S.: 12.5%
Unemployment3%U.S.: 5.2%

Is it cheaper to rent or buy in Minneola?

Renting is cheaper right now: about $500 a month less.

Renting
$2,420
Owning
$2,920

Owning assumes a typical $420,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $42,080 for the down payment.

Frequently asked questions

What is the average rent in Minneola, FL?

Renting in Minneola costs a median of about $2,420 a month in 2026, including utilities. The Florida median is $1,963.

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

To keep rent under 30% of income, you need about $96,800 a year, or $47 an hour at a full-time job.

Is Minneola cheap or expensive?

Minneola is rated OK: rent takes 24.3% of the typical household income of $119,608. It ranks 378th cheapest of 479 Florida cities we track.

How much are property taxes in Minneola?

The median homeowner in Minneola pays $3,651 a year in property taxes, about 0.87% of the median home value.

Is Minneola 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 Minneola?

The median home value in Minneola is $420,800, about 3.5 times the typical yearly household income.

16,598 people live in Minneola. Numbers are typical (middle) values.