Calculate using real Port St. Lucie data. Median home price: $345,000. Property tax rate: 0.88%.
With the median household income of $62,184 in Port St. Lucie, FL, following the 28% rule, you could afford a monthly payment of about $1,451.
The cost of living index in Port St. Lucie, FL is 100 (national average = 100). A home at the median price of $345,000 would require roughly 5.5x the median income.
A conventional 20% down payment on the median Port St. Lucie, FL home ($345,000) would be $69,000. FHA loans may require as little as 3.5% ($12,075).