States › Florida › Olympia Heights

Is Olympia Heights, FL expensive to live in?

OKRent takes 23 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,23527% higher than U.S. average
💵 Families earn per year (2026)$117,511about $9,793/month · 35% higher than U.S. average
🔑 House price$557,50068% higher than U.S. average

Rent is higher than in 77% of U.S. cities. A typical house costs about 4.7 years of household income. Most homes (84.8%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $89,400 a year. That is $43 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 329 of 479 cities from cheapest to most expensive.

Olympia Heights
$2,235
$1,822
$2,338

How much do households earn in Olympia Heights?

Under $25k
14.2%
$25k–50k
12.6%
$50k–100k
24.1%
$100k–150k
26.3%
$150k+
19.6%

Share of households by yearly income. 46.0% of households earn $100,000 or more.

Rent by apartment size in Olympia Heights

SizeOlympia HeightsU.S. average
2 bedrooms$2,229$1,509
3 bedrooms$2,718$1,698

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

How expensive is Olympia Heights 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 Olympia Heights, so the Florida figure is shown.

Taxes and bills in Olympia Heights

🏛️ Property tax$4,010a year · 0.72% of home value · U.S. $3,119
⚡ Electric bill$257a month (typical) · U.S. $156

Life in Olympia Heights

Commute to work29.8 minU.S.: 26.4 min
College degree35.4%U.S.: 35.7%
Own their home84.8%U.S.: 65.2%
Below poverty line12.2%U.S.: 12.5%
Unemployment1.8%U.S.: 5.2%

Is it cheaper to rent or buy in Olympia Heights?

Renting is cheaper right now: about $1,633 a month less.

Renting
$2,235
Owning
$3,868

Owning assumes a typical $557,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $55,750 for the down payment.

Frequently asked questions

What is the average rent in Olympia Heights, FL?

Renting in Olympia Heights costs a median of about $2,235 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Olympia Heights?

To keep rent under 30% of income, you need about $89,400 a year, or $43 an hour at a full-time job.

Is Olympia Heights cheap or expensive?

Olympia Heights is rated OK: rent takes 22.8% of the typical household income of $117,511. It ranks 329th cheapest of 479 Florida cities we track.

How much are property taxes in Olympia Heights?

The median homeowner in Olympia Heights pays $4,010 a year in property taxes, about 0.72% of the median home value.

Is Olympia Heights 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 Olympia Heights?

The median home value in Olympia Heights is $557,500, about 4.7 times the typical yearly household income.

12,399 people live in Olympia Heights. Numbers are typical (middle) values.