Free · No signup · 2026 data
Home Affordability Calculator Orlando, FL — 2026
Median home price in Orlando: $350,000. At 6.5% on a 30-year loan with 20% down, the estimated total monthly payment (PITI) is $2,187 — requiring $93,729/year in gross income. Enter your income below for a personalised estimate.
Reviewed for accuracy June 2026 by Gary Sing
Median home price
$350,000
Income needed (annual)
$93,729
Est. monthly PITI
$2,187
Property tax/month
$286
Car loans, student loans, credit cards
Calculate for another city:
How much house can you afford in Orlando at your salary?
Maximum home price at each income level: 6.5% rate, 30-year term, 20% down payment, no existing debt. Property tax (0.98%) and insurance (0.45%) included in the 28% front-end DTI budget.
| Annual income | Max home price | Max monthly budget | Affords Orlando median? |
|---|---|---|---|
| $50,000 | $186,712 | $1,167/mo | ✗ No |
| $75,000 | $280,069 | $1,750/mo | ✗ No |
| $100,000 | $373,425 | $2,333/mo | ✓ Yes |
| $125,000 | $466,781 | $2,917/mo | ✓ Yes |
| $150,000 | $560,137 | $3,500/mo | ✓ Yes |
| $175,000 | $653,494 | $4,083/mo | ✓ Yes |
| $200,000 | $746,850 | $4,667/mo | ✓ Yes |
Assumes 20% down, 6.5% rate, 30-year term, zero existing monthly debt. Property tax at 0.98% effective rate; insurance estimated at 0.45% annually. PMI required below 20% down — not included here.
Monthly payment breakdown on the median Orlando home
$350,000 purchase price with 20% down ($70,000) at 6.5% on a 30-year loan.
Principal & interest (30yr)
$1,770/month on a $280,000 loan at 6.5% over 30 years. Total interest paid over the life of the loan: $357,200.
Property tax (0.98% effective rate)
$286/month ($3,432/year). Orange County's effective property tax rate of approximately 0.98% is near the national average. As with all Florida markets, homeowners insurance must be factored into total monthly carrying cost — costs vary significantly based on distance from water, flood zone, and policy type.
Homeowners insurance (est.)
$131/month estimated at 0.45% of home value annually. Rates vary significantly by coverage level, age of home, and local risk factors — always get quotes before closing.
Total PITI (monthly)
$2,187/month estimated. Income needed to keep this under 28% of gross monthly income: $93,729/year. Florida has no state income tax — a meaningful take-home pay advantage.
Orlando housing market 2026
Orlando's housing market is driven by tourism, defence, and a growing tech sector at the Lake Nona Medical City. International Drive and Winter Park command premiums; Kissimmee and St. Cloud offer more affordable options for first-time buyers. Homeowners insurance costs have risen across Central Florida following recent hurricane seasons.
Key numbers for Orlando buyers
- Median home price: $350,000 (2026 estimate)
- 20% down payment: $70,000
- Loan amount (80% LTV): $280,000
- Monthly P&I at 6.5% / 30yr: $1,770
- Monthly P&I at 6.5% / 15yr: $2,439
- Est. PITI (P&I + tax + insurance): $2,187/month
- Income needed (28% front-end DTI): $93,729/year
- State income tax: None — meaningful take-home pay advantage
Compare home affordability by city
📍 Los Angeles, CA
Median $900,000 · income needed $244,543/yr · 1.09% tax
📍 Chicago, IL
Median $330,000 · income needed $101,614/yr · 2.1% tax
📍 Houston, TX
Median $290,000 · income needed $89,143/yr · 2.09% tax
📍 Phoenix, AZ
Median $400,000 · income needed $102,429/yr · 0.65% tax
📍 Miami, FL
Median $580,000 · income needed $155,143/yr · 0.97% tax
📍 Seattle, WA
Median $740,000 · income needed $195,257/yr · 0.87% tax
📍 Denver, CO
Median $560,000 · income needed $141,171/yr · 0.54% tax
📍 Austin, TX
Median $525,000 · income needed $161,614/yr · 2.1% tax
Related calculators
Home buying guides
All guides →What Credit Score Do You Need to Buy a House in 2026?
You can get an FHA loan with a 580 credit score (3.5% down), but a conventional loan requires 620+. A 760+ score unlocks the lowest mortgage rates and saves tens of thousands over 30 years.
What Is PMI on a Mortgage? (And How to Get Rid of It)
PMI (Private Mortgage Insurance) is required when you put less than 20% down on a conventional loan. It typically costs 0.5–1.5% of the loan amount per year. Here is exactly when you can cancel it.
What Is Escrow on a Mortgage? How It Works and What It Costs
Escrow on a mortgage is a separate account that collects monthly payments for property taxes and homeowner's insurance, then pays those bills on your behalf. Learn what is included, how the payment is calculated, and when an escrow shortage happens.
Home affordability Orlando — frequently asked questions
How much house can I afford in Orlando?
On a $100,000 annual income with no other debt, 20% down, and a 6.5% 30-year mortgage, you can afford approximately $373,425 in Orlando. The median home price in Orlando is $350,000, which requires approximately $93,729/year in gross income using the 28% front-end DTI rule (principal, interest, property tax, and insurance all within 28% of gross monthly income).
What income do I need to buy a home in Orlando?
To afford Orlando's median home price of $350,000 at 6.5% on a 30-year loan with 20% down, you need approximately $93,729/year in gross income. This assumes the full PITI payment of $2,187/month (P&I $1,770 + property tax $286 + insurance $131) stays within 28% of gross monthly income. Existing debts reduce this buying power further.
What is the median home price in Orlando in 2026?
The estimated median home price in Orlando in 2026 is approximately $350,000. This varies significantly by neighbourhood — enter the specific purchase price you are evaluating in the calculator above for a personalised estimate.
What are property taxes in Orlando?
Orlando, FL's effective property tax rate is approximately 0.98%. On a $350,000 home, that is roughly $286/month or $3,432/year in property taxes. Orange County's effective property tax rate of approximately 0.98% is near the national average. As with all Florida markets, homeowners insurance must be factored into total monthly carrying cost — costs vary significantly based on distance from water, flood zone, and policy type.
Is Orlando affordable to buy in 2026?
Orlando's median home price of $350,000 requires an annual gross income of approximately $93,729 to qualify under the 28% front-end DTI rule at 6.5% with 20% down. The estimated total monthly payment (PITI) is $2,187/month. Orlando's housing market is driven by tourism, defence, and a growing tech sector at the Lake Nona Medical City.