Mortgage payment estimates, closing cost breakdowns, and homebuying data for Naples, Florida.
Median Home Price
$625K
Population
22K
Avg Monthly Rent
$2,250
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 Naples.
Naples vs Florida Median
The median home price in Naples is $625,000, which is 58% above the Florida state median of $395,000.
Mortgage Calculator — Naples, FL
Pre-filled with Naples median home price and Florida tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $625K home using Florida's 0.86% tax rate and $4,200/yr insurance.
5% Down
$4,897/mo
Down: $31,250
Loan: $594K
P&I: $3,753
Tax: $448
Insurance: $350
PMI: $346
10% Down
$4,681/mo
Down: $62,500
Loan: $563K
P&I: $3,555
Tax: $448
Insurance: $350
PMI: $328
20% Down (No PMI)
$3,958/mo
Down: $125,000
Loan: $500K
P&I: $3,160
Tax: $448
Insurance: $350
Income needed (28% rule): $170K/year with 20% down, $201K/year with 10% down.
Rent vs Buy in Naples
Rent
$2,250/mo
vs
Buy (10% down)
$4,681/mo
Price-to-rent ratio: 23.1 — At a ratio above 20, renting may be more economical in Naples for shorter stays. Buying costs $2,431 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Naples is $625,000, 58% above the Florida state median of $395,000. With a population of 22,088, Naples is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Florida average 0.86% annually. This moderate property tax rate means a $625,000 home in Naples would carry roughly $448/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 Naples is $2,250/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Naples is a higher-cost market. At $625K median, buyers need significant savings or strong income. Down payment assistance through Florida's Florida Hometown Heroes program becomes especially important.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Naples.