Cost of Living in Holmes County, Florida
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Holmes County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Holmes County, Florida
Holmes offers rock-bottom affordability
Holmes County residents spend just 20.5% of income on rent—the lowest ratio of all eight counties and nearly 2 percentage points below Florida's 22.5% average. With median household income of $48,236 and median rent of just $823, Holmes delivers exceptional housing affordability despite below-average incomes.
Florida's most affordable housing market
Holmes County ranks among Florida's most affordable counties with a 20.5% rent-to-income ratio and median rent of $823—33% cheaper than the state median of $1,233. The combination of low rents and reasonable incomes creates one of the state's best housing situations for renters.
Unbeatable rural Florida savings
Holmes' $823 rent significantly undercuts even the cheapest neighbors like Hendry County ($958) and Highlands County ($980). The median home value of $101,400 is the lowest of all eight counties, with monthly ownership costs of just $474—less than half of urban Hillsborough County.
Both rental and ownership are accessible
Renters pay $823 monthly (20.5% of income) while homeowners spend $474—an extraordinary cost advantage for ownership. Even at the county's modest median income of $48,236, both housing pathways remain genuinely affordable, allowing households to save meaningfully.
Holmes County rewards frugal movers
If you're escaping high-cost Florida or relocating nationally, Holmes County offers exceptional value: $823 rents and homes under $102K with $474 monthly payments. The 20.5% rent-to-income ratio is the best among these eight counties, maximizing your savings and financial flexibility.
Affordability Calculator
See how your income compares to housing costs in Holmes County
Rent Burden
20.5%
of gross income
Max Housing (28% Rule)
$1,126
per month
Owner Cost Burden
11.8%
of gross income
You can likely afford the median home in Holmes County
Median home value is $101,400. Estimated monthly cost: $810 vs. your max of $1,126.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.