States › Florida › Sugarmill Woods

Is Sugarmill Woods, FL expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,34323% lower than U.S. average
💵 Families earn per year (2026)$77,033about $6,419/month · 12% lower than U.S. average
🔑 House price$332,600same as U.S. average

Rent is lower than in 66% of U.S. cities. A typical house costs about 4.3 years of household income. Most homes (96.4%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $53,720 a year. That is $26 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 56 of 479 cities from cheapest to most expensive.

Sugarmill Woods
$1,343
$1,351
$1,200
$1,483

How much do households earn in Sugarmill Woods?

Under $25k
14.8%
$25k–50k
17.4%
$50k–100k
40.2%
$100k–150k
10.7%
$150k+
7.7%

Share of households by yearly income. 18.4% of households earn $100,000 or more.

Rent by apartment size in Sugarmill Woods

SizeSugarmill WoodsU.S. average
2 bedrooms$980$1,509
3 bedrooms$1,707$1,698

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

How expensive is Sugarmill Woods 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 Sugarmill Woods, so the Florida figure is shown.

Taxes and bills in Sugarmill Woods

🏛️ Property tax$2,220a year · 0.67% of home value · U.S. $3,119
⚡ Electric bill$182a month (typical) · U.S. $156

Life in Sugarmill Woods

Commute to work27.5 minU.S.: 26.4 min
College degree26.7%U.S.: 35.7%
Own their home96.4%U.S.: 65.2%
Below poverty line10.8%U.S.: 12.5%
Unemployment5.6%U.S.: 5.2%

Is it cheaper to rent or buy in Sugarmill Woods?

Renting is cheaper right now: about $965 a month less.

Renting
$1,343
Owning
$2,308

Owning assumes a typical $332,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $33,260 for the down payment.

Frequently asked questions

What is the average rent in Sugarmill Woods, FL?

Renting in Sugarmill Woods costs a median of about $1,343 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Sugarmill Woods?

To keep rent under 30% of income, you need about $53,720 a year, or $26 an hour at a full-time job.

Is Sugarmill Woods cheap or expensive?

Sugarmill Woods is rated OK: rent takes 20.9% of the typical household income of $77,033. It ranks 56th cheapest of 479 Florida cities we track.

How much are property taxes in Sugarmill Woods?

The median homeowner in Sugarmill Woods pays $2,220 a year in property taxes, about 0.67% of the median home value.

Is Sugarmill Woods 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 Sugarmill Woods?

The median home value in Sugarmill Woods is $332,600, about 4.3 times the typical yearly household income.

10,782 people live in Sugarmill Woods. Numbers are typical (middle) values.