States › Florida › The Hammocks

Is The Hammocks, FL expensive to live in?

ExpensiveRent takes 32 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,48542% higher than U.S. average
💵 Families earn per year (2026)$92,350about $7,696/month · 6% higher than U.S. average
🔑 House price$468,10041% higher than U.S. average

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.

The Hammocks
$2,485
$1,928
$1,980
$2,023
$1,940

How much do households earn in The Hammocks?

Under $25k
11.9%
$25k–50k
20.5%
$50k–100k
33.3%
$100k–150k
21.8%
$150k+
8.6%

Share of households by yearly income. 30.4% of households earn $100,000 or more.

Rent by apartment size in The Hammocks

SizeThe HammocksU.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).

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 The Hammocks, so the Florida figure is shown.

Taxes and bills in The Hammocks

🏛️ Property tax$3,683a year · 0.79% of home value · U.S. $3,119
⚡ Electric bill$184a month (typical) · U.S. $156

Life in The Hammocks

Commute to work35 minU.S.: 26.4 min
College degree37.9%U.S.: 35.7%
Own their home62.7%U.S.: 65.2%
Below poverty line12.1%U.S.: 12.5%
Unemployment2.7%U.S.: 5.2%

Is it cheaper to rent or buy in The Hammocks?

Renting is cheaper right now: about $763 a month less.

Renting
$2,485
Owning
$3,248

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.