States › Florida › Westwood Lakes

Is Westwood Lakes, FL expensive to live in?

ExpensiveRent takes 45 cents of every $1 people earn here.
🏠 Rent per month (2026)$3,500+100% higher than U.S. average
💵 Families earn per year (2026)$92,794about $7,733/month · 7% higher than U.S. average
🔑 House price$518,50056% higher than U.S. average

Rent here is among the highest 10% in the country. A typical house costs about 5.6 years of household income. Commutes are long, about 30.7 minutes each way. Most homes (76.8%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $140,040 a year. That is $67 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 476 of 479 cities from cheapest to most expensive.

Westwood Lakes
$3,500+
$1,460
$1,483

How much do households earn in Westwood Lakes?

Under $25k
13.7%
$25k–50k
18.9%
$50k–100k
37.9%
$100k–150k
17.8%
$150k+
9.8%

Share of households by yearly income. 27.6% of households earn $100,000 or more.

Rent by apartment size in Westwood Lakes

SizeWestwood LakesU.S. average
1 bedroom$2,185$1,324
2 bedrooms$2,457$1,509
3 bedrooms$3,208$1,698
4 bedrooms$3,500+$2,098

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

How expensive is Westwood Lakes 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 Westwood Lakes, so the Florida figure is shown.

Taxes and bills in Westwood Lakes

🏛️ Property tax$3,354a year · 0.65% of home value · U.S. $3,119
⚡ Electric bill$232a month (typical) · U.S. $156

Life in Westwood Lakes

Commute to work30.7 minU.S.: 26.4 min
College degree26.2%U.S.: 35.7%
Own their home76.8%U.S.: 65.2%
Below poverty line8.3%U.S.: 12.5%
Unemployment8.3%U.S.: 5.2%

Is it cheaper to rent or buy in Westwood Lakes?

Renting is cheaper right now: about $97 a month less.

Renting
$3,500+
Owning
$3,598

Owning assumes a typical $518,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $51,850 for the down payment.

Frequently asked questions

What is the average rent in Westwood Lakes, FL?

Renting in Westwood Lakes costs a median of about $3,500+ a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Westwood Lakes?

To keep rent under 30% of income, you need about $140,040 a year, or $67 an hour at a full-time job.

Is Westwood Lakes cheap or expensive?

Westwood Lakes is rated Expensive: rent takes 45.3% of the typical household income of $92,794. It ranks 476th cheapest of 479 Florida cities we track.

How much are property taxes in Westwood Lakes?

The median homeowner in Westwood Lakes pays $3,354 a year in property taxes, about 0.65% of the median home value.

Is Westwood Lakes 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 Westwood Lakes?

The median home value in Westwood Lakes is $518,500, about 5.6 times the typical yearly household income.

10,553 people live in Westwood Lakes. Numbers are typical (middle) values.