Cost of Living in Okeechobee County, Florida
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Okeechobee County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Okeechobee County, Florida
Okeechobee offers Florida's lowest absolute rents
Okeechobee County renters pay a median of just $974 monthly—among the lowest in Florida—and spend 22.4% of their income on housing. However, the median household income of $52,288 falls roughly $22,500 below the national median, reflecting the county's rural character and limited earning opportunities.
Okeechobee ranks at Florida's affordability ceiling
With a rent-to-income ratio of 22.4%, Okeechobee sits at the state average of 22.5%, but this masks a critical reality: the county's median household income of $52,288 is among Florida's lowest. The cheap rents reflect limited rental supply and economic demand rather than true affordability for residents earning so little.
Okeechobee's rent is cheap, but income is cheaper
Okeechobee's $974 median rent undercuts all regional neighbors—Marion ($1,174), Martin ($1,499), and Orange ($1,675)—but its $52,288 household income lags Marion by $6,200 and Orange by nearly $25,000. The absolute savings on rent don't offset the income disadvantage for workers seeking upward mobility.
Okeechobee's low rent masks income constraints
A typical Okeechobee renter earning $52,288 annually pays $974 monthly—a 22.4% ratio that's mathematically affordable but practically tight. Homeowners fare better at $712 monthly (16.3% of income), yet the median home value of $179,000 still requires significant savings in a county with limited wage growth.
Okeechobee suits only ultra-budget relocators
Okeechobee County delivers the state's lowest rents and cheapest homes, but only consider relocating here if you're remote-working or retiring—local wages lag substantially. Compare your income requirements against Marion or Okaloosa counties to ensure you're not trading rent savings for economic stagnation.
Affordability Calculator
See how your income compares to housing costs in Okeechobee County
Rent Burden
22.4%
of gross income
Max Housing (28% Rule)
$1,220
per month
Owner Cost Burden
16.3%
of gross income
The median home in Okeechobee County may be a stretch
Median home value is $179,000. Estimated monthly cost: $1,429 vs. your max of $1,220.
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.