The Housing Market in Clermont Today
The housing landscape in Clermont, Florida has seen notable shifts in recent years. Inventory of available homes for sale has tightened, with fewer properties on the market compared to the early 2020s. At the same time, new apartment complexes and housing developments are rising in the downtown area and suburbs to meet growing demand. The local economy remains stable, attracting professionals and families to the area.
Despite the challenges of limited supply, Clermont’s housing market benefits from its proximity to Orlando and appeal as a family-friendly community with good schools and amenities. Many buyers and renters are drawn to the city’s balance of affordability and quality of life compared to larger metro areas. However, costs have been steadily rising.
Renting in Clermont: What’s Typical?
For renters, Clermont offers a range of apartments and rental homes to fit different budgets and preferences. As of 2025, the average rent for a 1-bedroom apartment in Clermont is around $1,450 per month. Upgrading to a 2-bedroom unit bumps the typical rent up to about $1,800 monthly. These figures include most newer apartment complexes in Clermont that often bundle trash service and internet access.
Rent prices have risen at a rate of about 4-5% annually over the past few years in Clermont, outpacing income growth. Availability of apartments can be tight, especially in the most desirable complexes near shopping, dining and major employers. Popular renter demographics include young professionals, small families, and downsizing retirees.
Owning a Home in Clermont
For those looking to buy a home, Clermont’s median home price sits at $350,000 as of 2025. Assuming a 10% down payment and 4.5% 30-year fixed mortgage rate, the estimated monthly payment on a median-priced home would be around $2,450 including property tax and insurance. However, older homes can be found in the $250,000-$300,000 range.
Additional homeownership costs to budget for include property taxes at 1.1% of assessed value, homeowners insurance premiums around $1,200 per year, and potential HOA dues of $200-$400 per month in certain communities. Maintenance and repairs are other important factors for owners.
Renters vs. Homeowners: Who Lives Where?
Clermont’s homeownership rate stands at 66%, slightly above the national average. While most Clermont households own their homes, renting remains common especially for younger residents. Professionals often rent apartments near their jobs, while families tend to favor ownership in suburban neighborhoods with more space.
Retirees in Clermont are a mix of renters in 55+ communities and owners who have paid off their mortgages. For many, the financial commitment and upkeep of homeownership is a barrier. Down payment requirements and credit score minimums can put buying out of reach despite decent incomes. Culturally, some prefer the flexibility of renting.
Typical Monthly Housing Costs in Clermont
Here’s what housing costs might look like each month in Clermont:
| Cost | Renting (1BR) | Owning |
|---|---|---|
| Rent/Mortgage | $1,450 | $2,450 |
| Property Tax | $0 | $320 |
| Insurance | $15 | $100 |
| Utilities | $120 | $280 |
| HOA | $0 | $250 |
| Total | $1,585 | $3,400 |
Estimates reflect mid-range properties and average usage.
What’s Driving Costs Up or Down?
Several factors influence housing affordability in Clermont. On the demand side, the city’s quality of life and job market continue to draw new residents, especially from more expensive parts of Florida and the Northeast. Orlando’s sprawl has also pushed some buyers and renters further out. New developments are increasing supply but not enough to offset population gains.
Clermont’s land use policies and zoning have traditionally favored single-family homes over denser housing. Recent efforts to allow more infill development and “missing middle” options like townhomes aim to improve accessibility for moderate earners. Construction costs for labor and materials have made it difficult to build starter homes profitably.
FAQs About Housing in Clermont
- Is Clermont affordable to live in? Clermont is relatively affordable for the Orlando metro, but rising costs have made it more difficult for the average earner to manage housing expenses. Many spend over 30% of their income on rent or mortgage payments.
- Why are housing prices changing? Demand from new residents and limited home inventory have driven up prices and rents. New construction hasn’t kept pace with population growth. Inflation in the broader economy has also pushed up costs.
- How does Clermont compare to nearby cities? Clermont is more affordable than central Orlando but pricier than further-out suburbs. It offers a balance of reasonable costs and desirable amenities and location. Compared to similar-sized cities in the Southeast, Clermont is about average in housing costs.
Making Smart Housing Decisions in Clermont
Housing is the biggest chunk of most Clermont residents’ budgets. With costs on the rise, it’s essential to weigh the tradeoffs of renting vs. owning and finding the right location and amenities for your needs and budget. Use tools like this Monthly Budget Examples for Clermont Residents to map out your expenses and see how housing fits in.
Whether you’re looking for a 1-bedroom apartment near the city center or a 3-bedroom house in the suburbs, Clermont offers options for a variety of lifestyles and household sizes. Being knowledgeable about the market and your own priorities will help you make confident choices. Start with a big-picture view using this Cost of Living in Clermont (2025 Guide) before diving into the details.