Florida city guide
Housing Costs and Affordability in Temple Terrace, Florida
Temple Terrace has about 27,275 residents. Median gross rent is $1,594 per month, while median household income is $69,252.
Quick answer
What income supports the median rent?
A household would need about $63,800 per year to keep Temple Terrace's median gross rent near 30% of gross income. The current citywide median-rent-to-median-income benchmark is 28%.
Elevated housing-cost benchmarkData scope: figures use 2020-2024 ACS 5-Year estimates. The latest official release was checked Aug 01, 2026 at 03:00 UTC. The benchmark compares citywide medians and is designed for broad relocation research, not an individual budget or a live apartment search.
Personal rent check
Test Temple Terrace rent against your income
Enter gross annual household income to compare a 30% monthly housing target with the citywide median gross rent.
Good estimate precision Margins of error use the Census ACS 90% confidence level. Smaller geographies and subgroups can have wider uncertainty.
How Temple Terrace compares
Median rent is 4% below the dataset median, while household income is 18% below the dataset median. Within Florida, Temple Terrace ranks #63 from lowest to highest rent and #124 from highest to lowest household income among 207 cities in the current dataset.
The citywide rent-to-income benchmark is between 25% and 30%. This benchmark is useful for comparing cities under one formula, but households with different incomes, unit sizes or debt loads will experience costs differently.
Renting snapshot
$19,128 in annual median rent
Twelve months of median gross rent totals about $19,128. Gross rent includes contract rent plus estimated tenant-paid utilities where applicable in the ACS definition.
Buying snapshot
17.5x price-to-rent baseline
Median home value is about 17.5x annual median rent. This is a broad market comparison and does not include mortgage rates, taxes, insurance or maintenance.
Search terms, defined
How to read rent, home price and AMI searches
These distinctions keep the Census estimates comparable and prevent a historical survey measure from being mistaken for a live market quote.
- Average rent vs. median gross rent
- If you searched for the average rent in Temple Terrace, the closest consistent Census measure on this page is $1,594 median gross rent. It is the midpoint among renter-occupied homes, not a live average asking rent. Gross rent includes contract rent plus estimated tenant-paid utilities where applicable.
- Home price vs. median home value
- The reported $334,800 median home value is the midpoint of owner estimates for owner-occupied homes. It is not an average sale price, listing price or current automated valuation.
- Household income vs. AMI
- The $69,252 median household income is a Census city estimate. It is not HUD Area Median Income (AMI), an AMI eligibility limit or an affordable-housing contract amount.
Keep comparing
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Questions people ask
What is the median rent in Temple Terrace?
Median gross rent is $1,594 per month in the 2020-2024 ACS 5-Year estimates.
What is the average rent in Temple Terrace?
This page reports Census median gross rent of $1,594 per month, not a live average asking rent. Median is the midpoint among renter-occupied homes; gross rent includes contract rent plus estimated tenant-paid utilities where applicable.
What income is needed for the median rent?
A gross household income of about $63,800 per year would keep median gross rent near 30% of income. This is a planning benchmark, not a landlord qualification rule.
Is housing affordable in Temple Terrace?
The citywide median-rent-to-median-income benchmark is 28%, which this site labels a elevated housing-cost benchmark. Individual costs can differ substantially.
Does this page report Area Median Income or AMI?
No. The $69,252 figure is Census median household income for the city. It is not HUD Area Median Income, an AMI limit or an affordable-housing contract amount.
What is the median home value in Temple Terrace?
The median value of owner-occupied homes is $334,800 in the 2020-2024 ACS 5-Year estimates.
What is the average home price in Temple Terrace?
This page reports a Census median owner-occupied home value of $334,800, not an average sale price, current listing price or real-time market estimate.
Source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Latest release checked Aug 01, 2026 at 03:00 UTC. Review the definitions and methodology.