Rent is higher than in 85% of U.S. cities. A typical house costs about 5.1 years of household income. Commutes are long, about 35 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $99,400 a year. That is $48 an hour at a full-time job.
Is rent cheaper than other Florida cities?
No. Rent here is more expensive than in most of Florida. It is number 391 of 479 cities from cheapest to most expensive.
How much do households earn in The Hammocks?
Share of households by yearly income. 30.4% of households earn $100,000 or more.
Rent by apartment size in The Hammocks
| Size | The Hammocks | U.S. average |
|---|---|---|
| Studio | $2,138 | $1,338 |
| 1 bedroom | $1,997 | $1,324 |
| 2 bedrooms | $2,238 | $1,509 |
| 3 bedrooms | $2,908 | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is The Hammocks 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 The Hammocks, so the Florida figure is shown.
Taxes and bills in The Hammocks
Life in The Hammocks
Is it cheaper to rent or buy in The Hammocks?
Renting is cheaper right now: about $763 a month less.
Owning assumes a typical $468,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $46,810 for the down payment.
Frequently asked questions
What is the average rent in The Hammocks, FL?
Renting in The Hammocks costs a median of about $2,485 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in The Hammocks?
To keep rent under 30% of income, you need about $99,400 a year, or $48 an hour at a full-time job.
Is The Hammocks cheap or expensive?
The Hammocks is rated Expensive: rent takes 32.3% of the typical household income of $92,350. It ranks 391st cheapest of 479 Florida cities we track.
How much are property taxes in The Hammocks?
The median homeowner in The Hammocks pays $3,683 a year in property taxes, about 0.79% of the median home value.
Is The Hammocks 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 The Hammocks?
The median home value in The Hammocks is $468,100, about 5.1 times the typical yearly household income.
58,838 people live in The Hammocks. Numbers are typical (middle) values.