Rent is higher than in 60% of U.S. cities. A typical house costs about 3.9 years of household income. Most homes (80.3%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $73,520 a year. That is $35 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 175 of 479 cities from cheapest to most expensive.
How much do households earn in Spring Hill?
Share of households by yearly income. 19.2% of households earn $100,000 or more.
Rent by apartment size in Spring Hill
| Size | Spring Hill | U.S. average |
|---|---|---|
| Studio | $1,184 | $1,338 |
| 1 bedroom | $1,176 | $1,324 |
| 2 bedrooms | $1,295 | $1,509 |
| 3 bedrooms | $1,888 | $1,698 |
| 4 bedrooms | $1,952 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Spring Hill 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 Spring Hill, so the Florida figure is shown.
Taxes and bills in Spring Hill
Life in Spring Hill
Is it cheaper to rent or buy in Spring Hill?
Renting is cheaper right now: about $164 a month less.
Owning assumes a typical $288,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $28,850 for the down payment.
Frequently asked questions
What is the average rent in Spring Hill, FL?
Renting in Spring Hill costs a median of about $1,838 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Spring Hill?
To keep rent under 30% of income, you need about $73,520 a year, or $35 an hour at a full-time job.
Is Spring Hill cheap or expensive?
Spring Hill is rated OK: rent takes 29.9% of the typical household income of $73,804. It ranks 175th cheapest of 479 Florida cities we track.
How much are property taxes in Spring Hill?
The median homeowner in Spring Hill pays $1,922 a year in property taxes, about 0.67% of the median home value.
Is Spring Hill 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 Spring Hill?
The median home value in Spring Hill is $288,500, about 3.9 times the typical yearly household income.
119,983 people live in Spring Hill. Numbers are typical (middle) values.