CALCMONEY // HOME AFFORDABILITY // FL // NAPLES
How much house can you afford in Naples? Based on local median home prices, current FL mortgage rates, and Naples property tax data.
$2,066,667
$13,228/mo
$566,893/yr
$84,891
Monthly housing costs of $13,228 represent 130.5% of Naples's median gross monthly income ($10,139/mo). At 130.5%, median-income buyers in Naples are significantly stretched — well above the 28% guideline. A larger down payment or higher income is required.
| Median Home Price | $2,066,667 |
| Down Payment (20%) | $413,333 |
| Loan Amount | $1,653,334 |
| Monthly PI Payment | $10,834 |
| Monthly Property Tax | $1,533 |
| Monthly Insurance Est. | $861 |
| Total Monthly PITI | $13,228 |
| Housing Cost % of Income | 130.5% |
| Required Income (28% rule) | $566,893/yr |
| Max Affordable Home | $84,891 |
$72,333
$16,875/mo
Naples Home Affordability Quick Reference 2026
| Metric | Value | Notes |
|---|---|---|
| Median Home Price | $2,066,667 | Naples city median |
| Down Payment (20%) | $413,333 | Conventional loan |
| Monthly PITI | $13,228 | 6.85% rate, 30yr fixed |
| Required Income (28% rule) | $566,893 | Annual gross |
| Max Affordable Home | $84,891 | Based on median income |
| FHA Down (3.5%) | $72,333 | Minimum FHA |
| Housing Cost % of Income | 130.5% | Median income: $121,667/yr |
| Property Tax Rate | 0.89% | $18,393/yr on median home |
Monthly PITI includes principal, interest, property tax, and homeowners insurance. Estimates only.
The median home price in Naples is $2,066,667, with a local 30-year mortgage rate of 6.85%. A buyer putting 20% down carries a loan of $1,653,334, generating a monthly P&I payment of $10,834. Adding property taxes ($1,533/mo) and homeowners insurance ($861/mo) brings total monthly PITI to $13,228.
Naples's property tax rate of 0.89% is near the national average, adding a standard increment to monthly housing costs. On the Naples median home, that is $1,533/month, or $18,393 per year.
Florida has no state income tax, improving effective take-home pay for Naples residents and giving buyers additional capacity relative to equally-priced homes in high-tax states.
Using the 28% rule, a household earning Naples's median income of $121,667/year can afford up to $2,839/month in total housing costs. Based on Naples's mortgage rate of 6.85% and property tax rate of 0.89%, that translates to a maximum affordable home price of approximately $84,891 with 20% down on a 30-year loan.
To afford the median Naples home priced at $2,066,667, you need an annual gross income of approximately $566,893. Total monthly housing costs (principal and interest of $10,834, property taxes of $1,533, and insurance of $861) come to $13,228/month, which equals 28% of the required income.
At the median home price of $2,066,667 and median household income of $121,667, the total monthly housing cost of $13,228 represents 130.5% of gross monthly income. This is well above the standard 28% threshold, making Naples a challenging market for buyers at median income.
A conventional 20% down payment on the median Naples home of $2,066,667 is $413,333. An FHA loan requires just 3.5% down — $72,333 — but adds mortgage insurance of roughly $1,413/month, bringing total FHA payments to $16,875/month.