Rent is higher than in 54% of U.S. cities. A typical house costs about 4.9 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $69,320 a year. That is $33 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 141 of 479 cities from cheapest to most expensive.
How much do households earn in Southgate?
Share of households by yearly income. 25.7% of households earn $100,000 or more.
Rent by apartment size in Southgate
| Size | Southgate | U.S. average |
|---|---|---|
| 1 bedroom | $1,667 | $1,324 |
| 2 bedrooms | $1,583 | $1,509 |
| 3 bedrooms | $2,025 | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Southgate 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 Southgate, so the Florida figure is shown.
Taxes and bills in Southgate
Life in Southgate
Is it cheaper to rent or buy in Southgate?
Renting is cheaper right now: about $1,195 a month less.
Owning assumes a typical $422,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $42,200 for the down payment.
Frequently asked questions
What is the average rent in Southgate, FL?
Renting in Southgate costs a median of about $1,733 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Southgate?
To keep rent under 30% of income, you need about $69,320 a year, or $33 an hour at a full-time job.
Is Southgate cheap or expensive?
Southgate is rated OK: rent takes 24.1% of the typical household income of $86,423. It ranks 141st cheapest of 479 Florida cities we track.
How much are property taxes in Southgate?
The median homeowner in Southgate pays $2,637 a year in property taxes, about 0.62% of the median home value.
Is Southgate 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 Southgate?
The median home value in Southgate is $422,000, about 4.9 times the typical yearly household income.
5,772 people live in Southgate. Numbers are typical (middle) values.