States › Florida › Shady Hills

Is Shady Hills, FL expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,04540% lower than U.S. average
💵 Families earn per year (2026)$73,779about $6,148/month · 15% lower than U.S. average
🔑 House price$233,20030% lower than U.S. average

Rent is lower than in 85% of U.S. cities. A typical house costs about 3.2 years of household income. Commutes are long, about 32.7 minutes each way. Most homes (90.5%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $41,800 a year. That is $20 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 18 of 479 cities from cheapest to most expensive.

Shady Hills
$1,045
$2,782

How much do households earn in Shady Hills?

Under $25k
14.3%
$25k–50k
25.1%
$50k–100k
34.7%
$100k–150k
15.1%
$150k+
8.4%

Share of households by yearly income. 23.6% of households earn $100,000 or more.

Rent by apartment size in Shady Hills

SizeShady HillsU.S. average
2 bedrooms$947$1,509
3 bedrooms$1,711$1,698

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

How expensive is Shady Hills 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 Shady Hills, so the Florida figure is shown.

Taxes and bills in Shady Hills

🏛️ Property tax$1,383a year · 0.59% of home value · U.S. $3,119
⚡ Electric bill$212a month (typical) · U.S. $156

Life in Shady Hills

Commute to work32.7 minU.S.: 26.4 min
College degree14.9%U.S.: 35.7%
Own their home90.5%U.S.: 65.2%
Below poverty line12.2%U.S.: 12.5%
Unemployment5.4%U.S.: 5.2%

Is it cheaper to rent or buy in Shady Hills?

Renting is cheaper right now: about $573 a month less.

Renting
$1,045
Owning
$1,618

Owning assumes a typical $233,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $23,320 for the down payment.

Frequently asked questions

What is the average rent in Shady Hills, FL?

Renting in Shady Hills costs a median of about $1,045 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Shady Hills?

To keep rent under 30% of income, you need about $41,800 a year, or $20 an hour at a full-time job.

Is Shady Hills cheap or expensive?

Shady Hills is rated Cheap: rent takes 17.0% of the typical household income of $73,779. It ranks 18th cheapest of 479 Florida cities we track.

How much are property taxes in Shady Hills?

The median homeowner in Shady Hills pays $1,383 a year in property taxes, about 0.59% of the median home value.

Is Shady Hills 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 Shady Hills?

The median home value in Shady Hills is $233,200, about 3.2 times the typical yearly household income.

11,983 people live in Shady Hills. Numbers are typical (middle) values.