Cost of Living in Suwannee County, Florida

$849/mo
Median Monthly Rent
$160,900
Median Home Value
31% below state averageUnaffordable

At a Glance

Median Monthly Rent
$849/mo
31% below state average
Median Home Value
$160,900
43% below national
Rent-to-Income Ratio
19.0%
% 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 Suwannee County Compares

Median monthly rent comparison

Suwannee County$849/mo
Florida Average$1,233/mo
National Median$1,163/mo

Detailed Housing Stats

$849/mo
Median Gross Rent
$160,900
Median Home Value
$557/mo
Monthly Owner Cost
19.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Suwannee County, Florida

Suwannee offers deep affordability discounts

Suwannee County's 18.4% rent-to-income ratio stands among the nation's most affordable, with median rents of just $849 against a median household income of $55,479. Housing here consumes far less of paychecks than national norms, making it ideal for cost-conscious relocators.

Florida's affordability champion

Suwannee's 18.4% rent-to-income ratio ranks as one of Florida's lowest, falling well below the state average of 22.5%. With median rent of $849—far below the statewide median of $1,233—the county offers unmatched affordability across the state.

Beats rural peers on rent, matches on ratio

Suwannee's $849 rent undercuts Union ($846) and Taylor ($878) slightly, while its 18.4% ratio edges out Union's 15.6% due to lower incomes. All three northern counties offer exceptional value compared to coastal alternatives.

Rock-bottom housing across the board

Renters pay $849 monthly (18.4% of income) and homeowners just $557 (12% of income), among the lowest absolute costs statewide. The median home value of $160,900 makes homeownership genuinely accessible for first-time buyers.

Suwannee for budget-first relocators

If your household earns under $60,000 and housing affordability is paramount, Suwannee ranks as Florida's most welcoming county. Remote workers, retirees, and downsizers should prioritize this unbeatable combination of low costs and rural charm.

Affordability Calculator

See how your income compares to housing costs in Suwannee County

$

Rent Burden

18.4%

of gross income

Max Housing (28% Rule)

$1,295

per month

Owner Cost Burden

12.0%

of gross income

You can likely afford the median home in Suwannee County

Median home value is $160,900. Estimated monthly cost: $1,285 vs. your max of $1,295.

Rent Affordability Guide

Your rent-to-income ratio18.4%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Suwannee County, Florida?
Suwannee County, Florida has a median monthly rent of $849/mo and a median home value of $160,900. The affordability rating is Unaffordable, with rent making up approximately 19.0% of median household income.
What is the median rent in Suwannee County?
The median gross rent in Suwannee County is $849/mo. This is 31% below state average for Florida.
Is Suwannee County affordable?
Suwannee County is rated Unaffordable based on rent-to-income ratio of 19.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Suwannee County's rent compare to the state average?
Suwannee County's median rent of $849/mo is 31% below state average of $1,233/mo for Florida.
What is the median home value in Suwannee County?
The median home value in Suwannee County, Florida is $160,900. This is 43% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.