States › Florida › Palm Springs North

Is Palm Springs North, FL expensive to live in?

ExpensiveRent takes 34 cents of every $1 people earn here.
🏠 Rent per month (2026)$3,00972% higher than U.S. average
💵 Families earn per year (2026)$107,244about $8,937/month · 23% higher than U.S. average
🔑 House price$550,50065% higher than U.S. average

Rent here is among the highest 10% in the country. A typical house costs about 5.1 years of household income. Commutes are long, about 30.3 minutes each way. Most homes (88.2%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $120,360 a year. That is $58 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 458 of 479 cities from cheapest to most expensive.

Palm Springs North
$3,009
Floral City
$649
Flagler Beach
$1,538
Whiskey Creek
$1,909
Crystal Lake
$1,404
Ridge Wood Heights
$1,466
Okeechobee
$2,213

How much do households earn in Palm Springs North?

Under $25k
4.7%
$25k–50k
15.1%
$50k–100k
44.1%
$100k–150k
19.4%
$150k+
14.0%

Share of households by yearly income. 33.4% of households earn $100,000 or more.

How expensive is Palm Springs North 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 Palm Springs North, so the Florida figure is shown.

Taxes and bills in Palm Springs North

🏛️ Property tax$3,755a year · 0.68% of home value · U.S. $3,119
⚡ Electric bill$226a month (typical) · U.S. $156

Life in Palm Springs North

Commute to work30.3 minU.S.: 26.4 min
College degree22.3%U.S.: 35.7%
Own their home88.2%U.S.: 65.2%
Below poverty line10.4%U.S.: 12.5%
Unemployment2.4%U.S.: 5.2%

Is it cheaper to rent or buy in Palm Springs North?

Renting is cheaper right now: about $811 a month less.

Renting
$3,009
Owning
$3,820

Owning assumes a typical $550,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $55,050 for the down payment.

Frequently asked questions

What is the average rent in Palm Springs North, FL?

Renting in Palm Springs North costs a median of about $3,009 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Palm Springs North?

To keep rent under 30% of income, you need about $120,360 a year, or $58 an hour at a full-time job.

Is Palm Springs North cheap or expensive?

Palm Springs North is rated Expensive: rent takes 33.7% of the typical household income of $107,244. It ranks 458th cheapest of 479 Florida cities we track.

How much are property taxes in Palm Springs North?

The median homeowner in Palm Springs North pays $3,755 a year in property taxes, about 0.68% of the median home value.

Is Palm Springs North 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 Springs North?

The median home value in Palm Springs North is $550,500, about 5.1 times the typical yearly household income.

5,410 people live in Palm Springs North. Numbers are typical (middle) values.