Cost of Living in Liberty County, Florida

$968/mo
Median Monthly Rent
$117,600
Median Home Value

At a Glance

Median Monthly Rent
$968/mo
21% below state average
Median Home Value
$117,600
58% below national
Rent-to-Income Ratio
24.0%
% 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 Liberty County Compares

Median monthly rent comparison

Liberty County$968/mo
Florida Average$1,233/mo
National Median$1,163/mo

Detailed Housing Stats

$968/mo
Median Gross Rent
$117,600
Median Home Value
$609/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Liberty County ranks #1,252 of 3,144 counties for affordability (top 40%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Liberty County, Florida

Liberty County: small-town housing wins

Liberty County's 21.6% rent-to-income ratio sits below the national average, offering renters better value than typical American markets. At $968 monthly rent on a median income of $53,824, Liberty delivers affordability combined with low-cost ownership options.

Below Florida's affordability average

Liberty County's 21.6% rent-to-income ratio undercuts Florida's state average of 22.5%, positioning it among the state's more affordable rural communities. This edge reflects Liberty's small population and slower growth compared to urban hubs.

Competitive with other rural counties

Liberty County's $968 median rent sits between cheaper rural options like Levy ($826) and pricier urban-influenced counties, reflecting its position as a small Panhandle community. While home values are the lowest in this regional cluster at $117,600, Liberty's household incomes are also modest, maintaining the affordability equation.

Exceptional value for homeowners

Liberty County renters pay $968 monthly (21.6% of income), while homeowners spend just $609 on mortgages for median homes under $118,000—the lowest in the region. Homeownership here offers extraordinary value, consuming only 13.5% of household income compared to renters' 21.6% burden.

Liberty County: hidden gem for owners

Liberty County combines small-town affordability with extraordinarily low home values ($117,600) and minimal mortgage burdens, making it ideal for buyers seeking maximum homeownership value. While rural, Liberty's 21.6% rent ratio beats Florida's average, and for those able to purchase, the ownership costs remain unmatched in the state.

Cost of Living Advisory: Liberty County

Affordability Verdict

Housing in Liberty County is affordable. The median rent is $968/month against a median household income of $53,824, putting rent at 21.6% of income.

Rent vs. Own

At $968/month rent versus $609/month in owner costs, owning is roughly $359/month cheaper — a 37% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $38,720/year. For owner costs at the 28% rule, the required income is roughly $26,100/year. With a median household income of $53,824, most households can comfortably afford rent here. Notably, 24.0% of renter households in Liberty County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Florida, Liberty County is more affordable than Columbia County by roughly 6% ($968/mo vs $915/mo).

Affordability Calculator

See how your income compares to housing costs in Liberty County

$

Rent Burden

21.6%

of gross income

Max Housing (28% Rule)

$1,256

per month

Owner Cost Burden

13.6%

of gross income

You can likely afford the median home in Liberty County

Median home value is $117,600. Estimated monthly cost: $939 vs. your max of $1,256.

Rent Affordability Guide

Your rent-to-income ratio21.6%
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: $53,824Needed: $38,720
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $53,824Needed: $26,100
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $53,824Needed: $27,369

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 Liberty County, Florida?
Liberty County, Florida has a median monthly rent of $968/mo and a median home value of $117,600. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Liberty County?
The median gross rent in Liberty County is $968/mo. This is 21% below state average for Florida.
Is Liberty County affordable?
Liberty County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Liberty County's rent compare to the state average?
Liberty County's median rent of $968/mo is 21% below state average of $1,233/mo for Florida.
What is the median home value in Liberty County?
The median home value in Liberty County, Florida is $117,600. This is 58% below the national median home value of $281,900.

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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.

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