Total monthly cost of ownership
Cost to Own a Home in Pine Hills, Florida
A $234,000 home here costs
$1,976per month, all in, with 20% down at today's 7.32% 30-year fixed rate. By the 28% rule that takes a household income of about $84,500 a year.
A standard mortgage calculator would have told you $1,286. The real number is $690 higher every month, 54% more than the payment most buyers budget for.
Compare Orange County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Pine Hills against Orange County and Florida
| Measure | Pine Hills | Orange County |
|---|---|---|
| Median home value | $233,700 | $358,300 |
| Median property tax | $1,445 | $2,795 |
| Effective tax rate | 0.618% | 0.780% |
| Median gross rent | $1,451 | $1,675 |
| Population | 82,264 | 1,440,471 |
The weather behind that power bill
Pine Hills sits in Orange County, which averages a high of 91.9°F in its hottest month and a low of 51.8°F in its coldest, with 51.47" of precipitation a year and 46% of it in a single three-month stretch. That climate drives 3,693 cooling and 468 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Orange County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Orange County
Talk to someone who works this market
These are Pine Hills averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Pine Hills every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Pine Hills I already own here and may sell
Common questions
How much does it cost to own a home in Pine Hills?
A $234,000 home in Pine Hills, Florida costs approximately $1,976 per month with 20% down at 7.32%. That is $1,286 principal and interest, $121 property tax, $141 homeowners insurance, $233 utilities and $195 set aside for maintenance.
What is the property tax rate in Pine Hills?
Pine Hills has an effective property tax rate of 0.618%, based on a median home value of $233,700 and median real estate taxes of $1,445. That is lower than the Orange County average of 0.780%.
What is the average home price in Pine Hills?
The median owner-occupied home value in Pine Hills, Florida is $233,700, against $358,300 across Orange County.
Is it cheaper to rent or buy in Pine Hills?
Median gross rent in Pine Hills is $1,451 a month, against $1,976 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Pine Hills?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Pine Hills, Florida at today's rate takes a household income of roughly $84,500 a year. That covers the full $1,976 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Pine Hills, 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.