States › Florida › Port Charlotte

Is Port Charlotte, FL expensive to live in?

ExpensiveRent takes 33 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,9189% higher than U.S. average
💵 Families earn per year (2026)$68,856about $5,738/month · 21% lower than U.S. average
🔑 House price$269,90019% lower than U.S. average

Rent is higher than in 64% of U.S. cities. Incomes are on the low side for rents this high, so budgets feel tight. A typical house costs about 3.9 years of household income. Most homes (83.2%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $76,720 a year. That is $37 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 216 of 479 cities from cheapest to most expensive.

Port Charlotte
$1,918
$1,789
$2,424

How much do households earn in Port Charlotte?

Under $25k
15.4%
$25k–50k
25.7%
$50k–100k
39.8%
$100k–150k
10.8%
$150k+
3.9%

Share of households by yearly income. 14.7% of households earn $100,000 or more.

Rent by apartment size in Port Charlotte

SizePort CharlotteU.S. average
Studio$3,569$1,338
1 bedroom$1,125$1,324
2 bedrooms$1,498$1,509
3 bedrooms$1,762$1,698
4 bedrooms$1,490$2,098

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

How expensive is Port Charlotte 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 Port Charlotte, so the Florida figure is shown.

Taxes and bills in Port Charlotte

🏛️ Property tax$2,252a year · 0.83% of home value · U.S. $3,119
⚡ Electric bill$173a month (typical) · U.S. $156

Life in Port Charlotte

Commute to work24.6 minU.S.: 26.4 min
College degree20.8%U.S.: 35.7%
Own their home83.2%U.S.: 65.2%
Below poverty line9.6%U.S.: 12.5%
Unemployment6.8%U.S.: 5.2%

Is it cheaper to rent or buy in Port Charlotte?

About the same. Renting and owning cost within $45 of each other each month.

Renting
$1,918
Owning
$1,873

Owning assumes a typical $269,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $26,990 for the down payment.

Frequently asked questions

What is the average rent in Port Charlotte, FL?

Renting in Port Charlotte costs a median of about $1,918 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Port Charlotte?

To keep rent under 30% of income, you need about $76,720 a year, or $37 an hour at a full-time job.

Is Port Charlotte cheap or expensive?

Port Charlotte is rated Expensive: rent takes 33.4% of the typical household income of $68,856. It ranks 216th cheapest of 479 Florida cities we track.

How much are property taxes in Port Charlotte?

The median homeowner in Port Charlotte pays $2,252 a year in property taxes, about 0.83% of the median home value.

Is Port Charlotte 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 Port Charlotte?

The median home value in Port Charlotte is $269,900, about 3.9 times the typical yearly household income.

66,133 people live in Port Charlotte. Numbers are typical (middle) values.