States › Florida › South Bay

Is South Bay, FL expensive to live in?

OKRent takes 25 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,14235% lower than U.S. average
💵 Families earn per year (2026)$55,453about $4,621/month · 36% lower than U.S. average
🔑 House price$142,30057% lower than U.S. average

Rent is lower than in 79% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 32.7 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $45,680 a year. That is $22 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 24 of 479 cities from cheapest to most expensive.

South Bay
$1,142
$1,819
$1,736

How much do households earn in South Bay?

Under $25k
36.1%
$25k–50k
11.6%
$50k–100k
30.0%
$100k–150k
9.9%
$150k+
5.7%

Share of households by yearly income. 15.6% of households earn $100,000 or more.

Rent by apartment size in South Bay

SizeSouth BayU.S. average
1 bedroom$1,013$1,324
2 bedrooms$1,129$1,509
3 bedrooms$1,279$1,698

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

How expensive is South Bay 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 South Bay, so the Florida figure is shown.

Taxes and bills in South Bay

🏛️ Property tax$1,542a year · 1.08% of home value · U.S. $3,119
⚡ Electric bill$181a month (typical) · U.S. $156

Life in South Bay

Commute to work32.7 minU.S.: 26.4 min
College degree8.8%U.S.: 35.7%
Own their home59.8%U.S.: 65.2%
Below poverty line32.3%U.S.: 12.5%
Unemployment9%U.S.: 5.2%

Is it cheaper to rent or buy in South Bay?

Buying is cheaper month to month: about $155 a month less than renting.

Renting
$1,142
Owning
$987

Owning assumes a typical $142,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $14,230 for the down payment.

Frequently asked questions

What is the average rent in South Bay, FL?

Renting in South Bay costs a median of about $1,142 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in South Bay?

To keep rent under 30% of income, you need about $45,680 a year, or $22 an hour at a full-time job.

Is South Bay cheap or expensive?

South Bay is rated OK: rent takes 24.7% of the typical household income of $55,453. It ranks 24th cheapest of 479 Florida cities we track.

How much are property taxes in South Bay?

The median homeowner in South Bay pays $1,542 a year in property taxes, about 1.08% of the median home value.

Is South Bay 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 South Bay?

The median home value in South Bay is $142,300, about 2.6 times the typical yearly household income.

5,102 people live in South Bay. Numbers are typical (middle) values.