salaryRent is lower than in 51% of U.S. cities. A typical house costs about 4.1 years of household income. Most households rent (87%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $65,480 a year. That is $31 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 126 of 479 cities from cheapest to most expensive.
How much do households earn in University?
Share of households by yearly income. 3.6% of households earn $100,000 or more.
Rent by apartment size in University
| Size | University | U.S. average |
|---|---|---|
| Studio | $1,051 | $1,338 |
| 1 bedroom | $1,274 | $1,324 |
| 2 bedrooms | $1,472 | $1,509 |
| 3 bedrooms | $1,475 | $1,698 |
| 4 bedrooms | $1,067 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is University 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 University, so the Florida figure is shown.
Taxes and bills in University
Life in University
Is it cheaper to rent or buy in University?
Buying is cheaper month to month: about $493 a month less than renting.
Owning assumes a typical $164,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,490 for the down payment.
Frequently asked questions
What is the average rent in University, FL?
Renting in University costs a median of about $1,637 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in University?
To keep rent under 30% of income, you need about $65,480 a year, or $31 an hour at a full-time job.
Is University cheap or expensive?
University is rated Expensive: rent takes 49.0% of the typical household income of $40,128. It ranks 126th cheapest of 479 Florida cities we track.
How much are property taxes in University?
The median homeowner in University pays $1,217 a year in property taxes, about 0.74% of the median home value.
Is University 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 University?
The median home value in University is $164,900, about 4.1 times the typical yearly household income.
48,127 people live in University. Numbers are typical (middle) values.