Florida vs Texas

Housing Comparison

Florida

Texas

How Florida and Texas compare on housing: median housing value, median gross rent, median monthly owner costs with mortgage, and more.

Overview

Key differences

Median Housing Value

Texas has lower median home values than Florida by $53,600.

Median Gross Rent

Texas has lower median rent than Florida by $212.

Median Monthly Owner Costs With Mortgage

Florida has lower owner costs with a mortgage than Texas by $43.

Owner Costs Without Mortgage

Texas has lower owner costs without a mortgage than Florida by $63.

Homeownership Rate

Florida has a higher homeownership rate than Texas.

Home Value to Income Ratio

Texas has a lower home value to income ratio than Florida.

Metric	FL	TX	Deep dive
Median Housing Value Median residential home value in U.S. dollars.	$348,000	$294,400	Details ->
Median Gross Rent Median gross monthly rent in U.S. dollars.	$1,444/mo	$1,232/mo	Details ->
Median Monthly Owner Costs With Mortgage Median selected monthly owner costs for households with a mortgage (ACS 2024 1-year estimates, table B25088).	$2,168/mo	$2,211/mo	Details ->
Owner Costs Without Mortgage Median selected monthly owner costs for households without a mortgage (ACS 2024 1-year estimates, table B25088).	$766/mo	$703/mo	Details ->
Homeownership Rate Share of occupied housing units that are owner-occupied.	67.0%	62.6%	Details ->
Home Value to Income Ratio Median home value divided by median household income.	5.12x	4.40x	Details ->
Rent to Income Ratio Annualized median gross rent as a share of median household income.	25.5%	22.1%	Details ->
Owner Costs to Income Median selected monthly owner costs as a percentage of household income (ACS 2023).	19.2%	18.0%	Details ->
Home Insurance Cost Average annual home insurance premium for $250,000 in dwelling coverage (MoneyGeek 2026).	$10,240/yr	$6,854/yr	Details ->