Mortgage payment estimates, closing cost breakdowns, and homebuying data for St. Petersburg, Florida.
Pre-filled with St. Petersburg median home price and Florida tax/insurance rates. Adjust for your property.
Estimated closing costs based on Florida rates and fees applied to St. Petersburg prices.
The median home price in St. Petersburg is $375,000, 5% below the Florida state median of $395,000. With a population of 258,308, St. Petersburg is a mid-size city 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 $375,000 home in St. Petersburg would carry roughly $269/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 St. Petersburg is $1,650/month. The price-to-rent ratio in St. Petersburg is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
St. Petersburg presents moderate affordability. The $375K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.