Rent is lower than in 60% of U.S. cities. A typical house costs about 4.9 years of household income. Most homes (76.9%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $58,640 a year. That is $28 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 85 of 479 cities from cheapest to most expensive.
How much do households earn in Ridge Wood Heights?
Share of households by yearly income. 26.5% of households earn $100,000 or more.
Rent by apartment size in Ridge Wood Heights
| Size | Ridge Wood Heights | U.S. average |
|---|---|---|
| 1 bedroom | $1,136 | $1,324 |
| 2 bedrooms | $1,529 | $1,509 |
| 3 bedrooms | $1,882 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Ridge Wood Heights 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 Ridge Wood Heights, so the Florida figure is shown.
Taxes and bills in Ridge Wood Heights
Life in Ridge Wood Heights
Is it cheaper to rent or buy in Ridge Wood Heights?
Renting is cheaper right now: about $1,106 a month less.
Owning assumes a typical $370,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $37,070 for the down payment.
Frequently asked questions
What is the average rent in Ridge Wood Heights, FL?
Renting in Ridge Wood Heights costs a median of about $1,466 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Ridge Wood Heights?
To keep rent under 30% of income, you need about $58,640 a year, or $28 an hour at a full-time job.
Is Ridge Wood Heights cheap or expensive?
Ridge Wood Heights is rated OK: rent takes 23.3% of the typical household income of $75,381. It ranks 85th cheapest of 479 Florida cities we track.
How much are property taxes in Ridge Wood Heights?
The median homeowner in Ridge Wood Heights pays $2,408 a year in property taxes, about 0.65% of the median home value.
Is Ridge Wood Heights 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 Ridge Wood Heights?
The median home value in Ridge Wood Heights is $370,700, about 4.9 times the typical yearly household income.
5,366 people live in Ridge Wood Heights. Numbers are typical (middle) values.