salaryRent here is among the highest 10% in the country. Household incomes are higher than in 98% of U.S. cities. A typical house costs about 4.6 years of household income. Commutes are long, about 32.5 minutes each way. Most homes (85.1%) are owned, so rentals can be hard to find. It is a highly educated city: 71% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $132,880 a year. That is $64 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 468 of 479 cities from cheapest to most expensive.
How much do households earn in Parkland?
Share of households by yearly income. 65.9% of households earn $100,000 or more.
Rent by apartment size in Parkland
| Size | Parkland | U.S. average |
|---|---|---|
| 1 bedroom | $3,193 | $1,324 |
| 2 bedrooms | $2,943 | $1,509 |
| 3 bedrooms | $3,368 | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Parkland 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 Parkland, so the Florida figure is shown.
Taxes and bills in Parkland
Life in Parkland
Is it cheaper to rent or buy in Parkland?
Renting is cheaper right now: about $3,499 a month less.
Owning assumes a typical $983,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $98,300 for the down payment.
Frequently asked questions
What is the average rent in Parkland, FL?
Renting in Parkland costs a median of about $3,322 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Parkland?
To keep rent under 30% of income, you need about $132,880 a year, or $64 an hour at a full-time job.
Is Parkland cheap or expensive?
Parkland is rated Cheap: rent takes 18.6% of the typical household income of $214,265. It ranks 468th cheapest of 479 Florida cities we track.
How much are property taxes in Parkland?
The median homeowner in Parkland pays $10,000+ a year in property taxes, about 1.02% of the median home value.
Is Parkland 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 Parkland?
The median home value in Parkland is $983,000, about 4.6 times the typical yearly household income.
37,178 people live in Parkland. Numbers are typical (middle) values.