Mortgage payment estimates, closing cost breakdowns, and homebuying data for Jacksonville, Florida.
Median Home Price
$335K
Population
950K
Avg Monthly Rent
$1,520
Property Tax Rate
0.86% *
* Property tax shown is the Florida state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Jacksonville.
Jacksonville vs Florida Median
The median home price in Jacksonville is $335,000, which is 15% below the Florida state median of $395,000.
Mortgage Calculator — Jacksonville, FL
Pre-filled with Jacksonville median home price and Florida tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $335K home using Florida's 0.86% tax rate and $4,200/yr insurance.
5% Down
$2,787/mo
Down: $16,750
Loan: $318K
P&I: $2,012
Tax: $240
Insurance: $350
PMI: $186
10% Down
$2,672/mo
Down: $33,500
Loan: $302K
P&I: $1,906
Tax: $240
Insurance: $350
PMI: $176
20% Down (No PMI)
$2,284/mo
Down: $67,000
Loan: $268K
P&I: $1,694
Tax: $240
Insurance: $350
Income needed (28% rule): $98K/year with 20% down, $115K/year with 10% down.
Rent vs Buy in Jacksonville
Rent
$1,520/mo
vs
Buy (10% down)
$2,672/mo
Price-to-rent ratio: 18.4 — A ratio between 15-20 means the rent vs buy decision in Jacksonville depends heavily on your timeline. If you plan to stay 5+ years, buying likely wins. For shorter stays, renting preserves flexibility.
The median home price in Jacksonville is $335,000, 15% below the Florida state median of $395,000. With a population of 949,611, Jacksonville is a major metro area where home prices tend to be more accessible than in many parts of Florida.
Property taxes in Florida average 0.86% annually. This moderate property tax rate means a $335,000 home in Jacksonville would carry roughly $240/month in property taxes. Homeowners insurance in Florida runs approximately $4,200 per year. Insurance costs are notably high — factor this into your monthly budget.
Average rent in Jacksonville is $1,520/month. The price-to-rent ratio in Jacksonville is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Jacksonville presents moderate affordability. The $335K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Jacksonville.