Cost of Living in Gadsden County, Florida

$792/mo
Median Monthly Rent
$154,700
Median Home Value

At a Glance

Median Monthly Rent
$792/mo
36% below state average
Median Home Value
$154,700
45% below national
Rent-to-Income Ratio
31.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Gadsden County Compares

Median monthly rent comparison

Gadsden County$792/mo
Florida Average$1,233/mo
National Median$1,163/mo

Detailed Housing Stats

$792/mo
Median Gross Rent
$154,700
Median Home Value
$719/mo
Monthly Owner Cost
31.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Gadsden County ranks #1,424 of 3,144 counties for affordability (top 45%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Gadsden County, Florida

Gadsden offers working-class relief

Gadsden County residents spend 20.6% of income on rent, a full 7.4 percentage points below Florida's state average and among the nation's most affordable markets. With a median household income of $46,047, Gadsden demonstrates that true affordability can exist in a lower-income community when rents stay proportionally modest.

Gadsden's affordability strength

Gadsden's 20.6% rent-to-income ratio ranks well below Florida's 22.5% state average, a significant achievement given the county's $46,047 median income. The $792 monthly median rent—the lowest among surveyed Florida counties—underscores Gadsden's position as a genuinely accessible housing market.

Lowest rents in North Florida

Gadsden's $792 rent is dramatically lower than Flagler ($1,687), Gulf ($1,161), and Gilchrist ($855), positioning it as North Florida's most economical rental choice. This affordability advantage persists despite Gadsden's lower median income, reflecting smaller-scale community demand and rural character.

Gadsden's lean housing economy

Renters allocate $792 monthly from a median income of $46,047, consuming just 20.6% of earnings and freeing up substantial funds for other needs. Homeowners pay $719 monthly on properties valued at $154,700 (18.7% of income), making homeownership accessible to working families in this North Florida county.

Gadsden for genuine affordability

If Florida housing costs have you priced out elsewhere, Gadsden County offers the state's lowest rent without sacrificing respectability or services. The trade-off: smaller-scale employment and less tourism infrastructure than coastal peers, but unbeatable housing economics for those working remotely or locally.

Cost of Living Advisory: Gadsden County

Affordability Verdict

Gadsden County is affordable for renters, with a median gross rent of $792/month representing approximately 20.6% of median household income. The rent burden (GRAPI) stands at 31.0%.

Rent vs. Own

Renters in Gadsden County pay $792/month on average, compared to $719/month for homeowners. This market favors buyers by about 9%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $31,680/year. For owner costs at the 28% rule, the required income is roughly $30,814/year. With a median household income of $46,047, most households can comfortably afford rent here. Notably, 31.0% of renter households in Gadsden County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Jackson County where rent averages $846/month, Gadsden County is approximately 6% less expensive.

Affordability Calculator

See how your income compares to housing costs in Gadsden County

$

Rent Burden

20.6%

of gross income

Max Housing (28% Rule)

$1,074

per month

Owner Cost Burden

18.7%

of gross income

The median home in Gadsden County may be a stretch

Median home value is $154,700. Estimated monthly cost: $1,235 vs. your max of $1,074.

Rent Affordability Guide

Your rent-to-income ratio20.6%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $46,047Needed: $31,680
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $46,047Needed: $30,814
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $46,047Needed: $36,003

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Gadsden County, Florida?
Gadsden County, Florida has a median monthly rent of $792/mo and a median home value of $154,700. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.
What is the median rent in Gadsden County?
The median gross rent in Gadsden County is $792/mo. This is 36% below state average for Florida.
Is Gadsden County affordable?
Gadsden County is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Gadsden County's rent compare to the state average?
Gadsden County's median rent of $792/mo is 36% below state average of $1,233/mo for Florida.
What is the median home value in Gadsden County?
The median home value in Gadsden County, Florida is $154,700. This is 45% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Gadsden County, Florida? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Gadsden County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.