CALCMONEY // HOME AFFORDABILITY // FL // ORLANDO
How much house can you afford in Orlando? Based on local median home prices, current FL mortgage rates, and Orlando property tax data.
$380,000
$2,439/mo
$104,535/yr
$187,203
Monthly housing costs of $2,439 represent 48.0% of Orlando's median gross monthly income ($5,083/mo). At 48.0%, median-income buyers in Orlando are significantly stretched — well above the 28% guideline. A larger down payment or higher income is required.
| Median Home Price | $380,000 |
| Down Payment (20%) | $76,000 |
| Loan Amount | $304,000 |
| Monthly PI Payment | $2,002 |
| Monthly Property Tax | $279 |
| Monthly Insurance Est. | $158 |
| Total Monthly PITI | $2,439 |
| Housing Cost % of Income | 48.0% |
| Required Income (28% rule) | $104,535/yr |
| Max Affordable Home | $187,203 |
$13,300
$3,112/mo
Orlando Home Affordability Quick Reference 2026
| Metric | Value | Notes |
|---|---|---|
| Median Home Price | $380,000 | Orlando city median |
| Down Payment (20%) | $76,000 | Conventional loan |
| Monthly PITI | $2,439 | 6.9% rate, 30yr fixed |
| Required Income (28% rule) | $104,535 | Annual gross |
| Max Affordable Home | $187,203 | Based on median income |
| FHA Down (3.5%) | $13,300 | Minimum FHA |
| Housing Cost % of Income | 48.0% | Median income: $61,000/yr |
| Property Tax Rate | 0.88% | $3,344/yr on median home |
Monthly PITI includes principal, interest, property tax, and homeowners insurance. Estimates only.
The median home price in Orlando is $380,000, with a local 30-year mortgage rate of 6.9%. A buyer putting 20% down carries a loan of $304,000, generating a monthly P&I payment of $2,002. Adding property taxes ($279/mo) and homeowners insurance ($158/mo) brings total monthly PITI to $2,439.
Orlando's property tax rate of 0.88% is near the national average, adding a standard increment to monthly housing costs. On the Orlando median home, that is $279/month, or $3,344 per year.
Florida has no state income tax, improving effective take-home pay for Orlando residents and giving buyers additional capacity relative to equally-priced homes in high-tax states.
Using the 28% rule, a household earning Orlando's median income of $61,000/year can afford up to $1,423/month in total housing costs. Based on Orlando's mortgage rate of 6.9% and property tax rate of 0.88%, that translates to a maximum affordable home price of approximately $187,203 with 20% down on a 30-year loan.
To afford the median Orlando home priced at $380,000, you need an annual gross income of approximately $104,535. Total monthly housing costs (principal and interest of $2,002, property taxes of $279, and insurance of $158) come to $2,439/month, which equals 28% of the required income.
At the median home price of $380,000 and median household income of $61,000, the total monthly housing cost of $2,439 represents 48.0% of gross monthly income. This is well above the standard 28% threshold, making Orlando a challenging market for buyers at median income.
A conventional 20% down payment on the median Orlando home of $380,000 is $76,000. An FHA loan requires just 3.5% down — $13,300 — but adds mortgage insurance of roughly $260/month, bringing total FHA payments to $3,112/month.
Miami
$600,000 median
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$390,000 median
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$310,000 median
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$530,000 median