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Mortgage Rates in Florida

Updated April 2026

Key Mortgage Metrics

Median Home Price

$420,000

30-Year Fixed Rate

6.8%

Property Tax Rate

0.83%

Est. Annual Property Tax

$3,486

Housing Market in Florida

The median home price in Florida is currently $420,000, with an average 30-year fixed mortgage rate of 6.8%. Property taxes in Florida average 0.83% of home value, translating to approximately $3,486 annually on a median-priced home.

Use our mortgage calculator to estimate your monthly payments based on your specific down payment and loan terms.

First-Time Homebuyer Programs

Florida offers several programs to help first-time homebuyers:

  • Florida Housing Finance Corporation
  • State Apartment Incentive Loan Program

Contact your state housing finance agency for eligibility requirements and application details.

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