salaryRent is higher than in 80% of U.S. cities. A typical house costs about 3.5 years of household income. Commutes are long, about 30.6 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $92,640 a year. That is $45 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 346 of 479 cities from cheapest to most expensive.
How much do households earn in Palm River-Clair Mel?
Share of households by yearly income. 19.6% of households earn $100,000 or more.
Rent by apartment size in Palm River-Clair Mel
| Size | Palm River-Clair Mel | U.S. average |
|---|---|---|
| Studio | $1,662 | $1,338 |
| 1 bedroom | $997 | $1,324 |
| 2 bedrooms | $1,619 | $1,509 |
| 3 bedrooms | $1,632 | $1,698 |
| 4 bedrooms | $1,982 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Palm River-Clair Mel 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 Palm River-Clair Mel, so the Florida figure is shown.
Taxes and bills in Palm River-Clair Mel
Life in Palm River-Clair Mel
Is it cheaper to rent or buy in Palm River-Clair Mel?
Buying is cheaper month to month: about $431 a month less than renting.
Owning assumes a typical $271,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $27,170 for the down payment.
Frequently asked questions
What is the average rent in Palm River-Clair Mel, FL?
Renting in Palm River-Clair Mel costs a median of about $2,316 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Palm River-Clair Mel?
To keep rent under 30% of income, you need about $92,640 a year, or $45 an hour at a full-time job.
Is Palm River-Clair Mel cheap or expensive?
Palm River-Clair Mel is rated Expensive: rent takes 35.9% of the typical household income of $77,422. It ranks 346th cheapest of 479 Florida cities we track.
How much are property taxes in Palm River-Clair Mel?
The median homeowner in Palm River-Clair Mel pays $1,805 a year in property taxes, about 0.66% of the median home value.
Is Palm River-Clair Mel 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 Palm River-Clair Mel?
The median home value in Palm River-Clair Mel is $271,700, about 3.5 times the typical yearly household income.
27,844 people live in Palm River-Clair Mel. Numbers are typical (middle) values.