Total monthly cost of ownership
Cost to Own a Home in Apalachicola, Florida
A $248,000 home here costs
$2,006per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,275. The real number is $731 higher every month — 57% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Apalachicola against Franklin County and Florida
| Measure | Apalachicola | Franklin County |
|---|---|---|
| Median home value | $247,900 | $254,300 |
| Median property tax | $2,038 | $1,572 |
| Effective tax rate | 0.822% | 0.618% |
| Median gross rent | $1,235 | $1,044 |
| Population | 2,304 | 12,418 |
The weather behind that power bill
Apalachicola sits in Franklin County, which averages a high of 89.7°F in its hottest month and a low of 44.4°F in its coldest, with 53.08" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 2,738 cooling and 1,224 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Franklin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Franklin County
Full Franklin County cost breakdown · Every county in Florida
Common questions
How much does it cost to own a home in Apalachicola?
A $248,000 home in Apalachicola, Florida costs approximately $2,006 per month with 20% down at 6.66%. That is $1,275 principal and interest, $170 property tax, $150 homeowners insurance, $204 utilities and $207 set aside for maintenance.
What is the property tax rate in Apalachicola?
Apalachicola has an effective property tax rate of 0.822%, based on a median home value of $247,900 and median real estate taxes of $2,038. That is higher than the Franklin County average of 0.618%.
What is the average home price in Apalachicola?
The median owner-occupied home value in Apalachicola, Florida is $247,900, against $254,300 across Franklin County.
Is it cheaper to rent or buy in Apalachicola?
Median gross rent in Apalachicola is $1,235 a month, against $2,006 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Apalachicola — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Florida.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.