States › Florida › Pace

Is Pace, FL expensive to live in?

OKRent takes 25 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8415% higher than U.S. average
💵 Families earn per year (2026)$87,036about $7,253/month · same as U.S. average
🔑 House price$293,80012% lower than U.S. average

Rent is higher than in 60% of U.S. cities. A typical house costs about 3.4 years of household income. Most homes (83%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $73,640 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 177 of 479 cities from cheapest to most expensive.

Pace
$1,841
$1,527
$1,353
$2,259
$2,367
$1,855

How much do households earn in Pace?

Under $25k
11.0%
$25k–50k
24.2%
$50k–100k
34.0%
$100k–150k
18.2%
$150k+
10.8%

Share of households by yearly income. 29.0% of households earn $100,000 or more.

Rent by apartment size in Pace

SizePaceU.S. average
1 bedroom$669$1,324
2 bedrooms$1,032$1,509
3 bedrooms$1,648$1,698
4 bedrooms$2,337$2,098

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

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

Taxes and bills in Pace

🏛️ Property tax$1,742a year · 0.59% of home value · U.S. $3,119
⚡ Electric bill$222a month (typical) · U.S. $156

Life in Pace

Commute to work28.8 minU.S.: 26.4 min
College degree31.3%U.S.: 35.7%
Own their home83%U.S.: 65.2%
Below poverty line12.2%U.S.: 12.5%
Unemployment5.5%U.S.: 5.2%

Is it cheaper to rent or buy in Pace?

Renting is cheaper right now: about $198 a month less.

Renting
$1,841
Owning
$2,039

Owning assumes a typical $293,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $29,380 for the down payment.

Frequently asked questions

What is the average rent in Pace, FL?

Renting in Pace costs a median of about $1,841 a month in 2026, including utilities. The Florida median is $1,963.

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

To keep rent under 30% of income, you need about $73,640 a year, or $35 an hour at a full-time job.

Is Pace cheap or expensive?

Pace is rated OK: rent takes 25.4% of the typical household income of $87,036. It ranks 177th cheapest of 479 Florida cities we track.

How much are property taxes in Pace?

The median homeowner in Pace pays $1,742 a year in property taxes, about 0.59% of the median home value.

Is Pace 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 Pace?

The median home value in Pace is $293,800, about 3.4 times the typical yearly household income.

26,282 people live in Pace. Numbers are typical (middle) values.