What Is The Cost Of Living In Clermont Florida?

Definition of "what is the cost of living in clermont florida?"

Bernita  Scott Burden real estate agent

Written by

Bernita Scott Burdenelite badge icon

Misti Mauceli Lewis Realty

Clermont is a city situated in Lake County, Florida with a population of about 36,000 people and it is part of the Orlando-Kissimmee-Sanford Metropolitan area. Clermont Florida has a suburban feel to it with a family-friendly environment, but an area that is very appealing for retirees as well.

The city of Clermont FL is also situated about 22 miles away from Orlando and Leesburg, so residents from Clermont can easily commute or visit these major cities of Florida. With great schools, wonderful parks, and lakes as well as a peaceful environment, Clermont is considered to be a great place to live. But, how affordable is Clermont Florida? Let’s find out what the cost of living is in Clermont Florida?

Clermont FL is an affordable city where about 70% of the housing units are occupied by owners and the rest are rented. The cost of living shows that the city of Clermont is close to the state average and in areas such as health care, transportation, and services the cost is about 10% lower than the average of Florida.

When it comes to housing costs the median home value is situated at around $250,000 and the housing market is the highest expense in Clermont. About 10% above the national average and the average of Florida but it is still way more affordable compared to Orlando, Miami, or Jacksonville.

The average rent price is about $1,300 and about 66% of apartments are priced within the rent range of $1,000 to $1,500. Only 25% are priced above $1,500 per month and 8% of apartments are priced below the $1000 price point.

If you decide to relocate here, have one of our real estate agents in Clermont FL help you with finding the right home for you in this lively and vibrant city.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Questions

Popular Real Estate Glossary Terms

The return by owners of a property investment usually through a depreciation allowance. a clause in a contract permitting the prior owner of real estate to recover under certain ...

One's given name at birth including a first name, a possible middle name, and a surname. The legal name must be used to legally sign documents, deeds, or contracts. ...

Linkage in real estate means the proximity of a particular piece of land to its originally intended function. In addition, linkage can refer to the time and distance between a ...

The phrase used for the period in which the escrow agent communicates to both the buyer and the seller as to what documents or moneys have to be deposited with the escrow agent to satisfy ...

Stigmatized property is a property that home buyers might back off on closing a deal due to factors that are not related to the property’s price, structural/aesthetic conditions and ...

America remains a top tourist attraction worldwide, with over 79 million foreign visitors a year. Many are seduced by the American Dream and sooner or later they wonder how they could ...

Changing property ownership. An example is the sale of a home to another. ...

Provision in the insurance policy lapses due to premium nonpayment, all unpaid premiums must be paid, and any additional requirements must be satisfied before reinstatement can take place. ...

Estimated market price property could bring using currently accepted appraisal methods. This might not be the same as the market price at any one given time when the seller is compelled to ...