Cost of Living in Gulf County, Florida

$1,161/mo
Median Monthly Rent
$235,700
Median Home Value
6% below state averageUnaffordable

At a Glance

Median Monthly Rent
$1,161/mo
6% below state average
Median Home Value
$235,700
16% below national
Rent-to-Income Ratio
40.0%
% 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 Gulf County Compares

Median monthly rent comparison

Gulf County$1,161/mo
Florida Average$1,233/mo
National Median$1,163/mo

Detailed Housing Stats

$1,161/mo
Median Gross Rent
$235,700
Median Home Value
$815/mo
Monthly Owner Cost
40.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Gulf County, Florida

Gulf County balances affordability

Gulf County residents spend 20.7% of income on rent, comfortably below the national affordability standard and just below Florida's 22.5% state average. With a median household income of $67,361 and rent at $1,161, Gulf offers a moderate housing burden in a coastal setting.

Gulf near Florida average affordability

At 20.7%, Gulf's rent-to-income ratio sits just 1.8 percentage points below Florida's 22.5% state average, positioning it as an affordable coastal alternative. The $1,161 median rent falls $72 below the state median, reflecting Gulf's quieter, less-developed character compared to Florida's major markets.

Gulf's competitive rental market

Gulf's $1,161 rent undercuts Flagler ($1,687) by $526 but exceeds Franklin ($1,044) by $117, placing it in the middle tier of comparable counties. The $67,361 median income paired with moderate rent creates a balanced profile attractive to coastal relocators seeking affordability.

Gulf's sustainable housing balance

Renters spend $1,161 monthly from a $67,361 median income, consuming 20.7% of earnings and preserving substantial funds for other obligations. Homeowners encounter median monthly costs of $815 (14.5% of income), with median home values of $235,700 offering reasonable access to coastal property ownership.

Gulf County: coastal at a discount

Gulf County delivers Gulf Coast lifestyle at affordable rates, avoiding the premium pricing of Flagler while offering similar natural appeal. If you value coastal living without overextending your housing budget, Gulf County's modest rent and reasonable incomes make it a practical relocation target.

Affordability Calculator

See how your income compares to housing costs in Gulf County

$

Rent Burden

20.7%

of gross income

Max Housing (28% Rule)

$1,572

per month

Owner Cost Burden

14.5%

of gross income

The median home in Gulf County may be a stretch

Median home value is $235,700. Estimated monthly cost: $1,882 vs. your max of $1,572.

Rent Affordability Guide

Your rent-to-income ratio20.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Gulf County, Florida?
Gulf County, Florida has a median monthly rent of $1,161/mo and a median home value of $235,700. The affordability rating is Unaffordable, with rent making up approximately 40.0% of median household income.
What is the median rent in Gulf County?
The median gross rent in Gulf County is $1,161/mo. This is 6% below state average for Florida.
Is Gulf County affordable?
Gulf County is rated Unaffordable based on rent-to-income ratio of 40.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Gulf County's rent compare to the state average?
Gulf County's median rent of $1,161/mo is 6% below state average of $1,233/mo for Florida.
What is the median home value in Gulf County?
The median home value in Gulf County, Florida is $235,700. This is 16% below the national median home value of $281,900.
Sponsored

Planning a Move?

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

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Gulf County

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

See Today's Rates

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