States › Florida › Wedgefield

Is Wedgefield, FL expensive to live in?

OKRent takes 30 cents of every $1 people earn here.
🏠 Rent per month (2026)$3,23284% higher than U.S. average
💵 Families earn per year (2026)$129,588about $10,799/month · 49% higher than U.S. average
🔑 House price$456,40037% higher than U.S. average

Rent here is among the highest 10% in the country. A typical house costs about 3.5 years of household income. Commutes are long, about 35.2 minutes each way. Most homes (89.6%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $129,280 a year. That is $62 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 465 of 479 cities from cheapest to most expensive.

Wedgefield
$3,232
$1,913
$2,017

How much do households earn in Wedgefield?

Under $25k
4.1%
$25k–50k
15.6%
$50k–100k
34.0%
$100k–150k
23.1%
$150k+
22.0%

Share of households by yearly income. 45.1% of households earn $100,000 or more.

Rent by apartment size in Wedgefield

SizeWedgefieldU.S. average
3 bedrooms$3,225$1,698
4 bedrooms$2,565$2,098

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

How expensive is Wedgefield 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 Wedgefield, so the Florida figure is shown.

Taxes and bills in Wedgefield

🏛️ Property tax$3,334a year · 0.73% of home value · U.S. $3,119
⚡ Electric bill$225a month (typical) · U.S. $156

Life in Wedgefield

Commute to work35.2 minU.S.: 26.4 min
College degree43.3%U.S.: 35.7%
Own their home89.6%U.S.: 65.2%
Below poverty line6%U.S.: 12.5%
Unemployment2.5%U.S.: 5.2%

Is it cheaper to rent or buy in Wedgefield?

Buying is cheaper month to month: about $65 a month less than renting.

Renting
$3,232
Owning
$3,167

Owning assumes a typical $456,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $45,640 for the down payment.

Frequently asked questions

What is the average rent in Wedgefield, FL?

Renting in Wedgefield costs a median of about $3,232 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Wedgefield?

To keep rent under 30% of income, you need about $129,280 a year, or $62 an hour at a full-time job.

Is Wedgefield cheap or expensive?

Wedgefield is rated OK: rent takes 29.9% of the typical household income of $129,588. It ranks 465th cheapest of 479 Florida cities we track.

How much are property taxes in Wedgefield?

The median homeowner in Wedgefield pays $3,334 a year in property taxes, about 0.73% of the median home value.

Is Wedgefield 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 Wedgefield?

The median home value in Wedgefield is $456,400, about 3.5 times the typical yearly household income.

8,851 people live in Wedgefield. Numbers are typical (middle) values.