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City · 13,667 residents · Osceola County, Florida

Celebration , Florida

In Celebration, a typical home is worth $635,000 and typical rent is $2,020 a month. Compared with all of Osceola County, the typical home value is 80% higher, typical household income is 32% higher, and the share of households that own their home is 7 points lower.

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  • Typical home value

    $635,000

    80% above the county

    77% above Florida

    • Celebration
    • Osceola
    • Florida

  • Typical rent

    $2,020a month

    16% above the county

    21% above Florida

    • Celebration
    • Osceola
    • Florida

  • Typical household income

    $96,242a year

    32% above the county

    29% above Florida

    • Celebration
    • Osceola
    • Florida

  • Households that own their home

    58%

    7 points below the county

    9 points below Florida

    • Celebration
    • Osceola
    • Florida

Source: U.S. Census Bureau, Average 2020–2024

Celebration is in Osceola County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Osceola County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Celebration apart

What this place has that others do not, from public data, most unusual first.

  1. The typical home in Celebration is worth $635,000, 80% more than in Osceola County as a whole ($353,300).

  2. Nearby, in Kissimmee, the typical home value is $304,400: 52% less than in Celebration ($635,000).

  3. The typical household income in Celebration is $96,242, 32% more than in Osceola County as a whole ($72,637).

  4. Nearby, in Kissimmee, the typical rent is $1,647: 18% less than in Celebration ($2,020).

  5. The typical rent in Celebration is $2,020 a month, 16% more than in Osceola County as a whole ($1,746).

  6. 58% of households in Celebration own their home, against 65% in Osceola County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Celebration

What homes there are in Celebration, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Celebration, the apartment is the most common kind of home: 47%, against 20% in Osceola County.

Year built

By age, homes in Celebration look like those in Osceola County: the typical year built is 2004.

In Celebration, 27% of homes have 1 bedroom or none (studios); 46% have 3 bedrooms or more, against 71% in Osceola County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,897 a month

Osceola County: $1,877 a month

Without a mortgage

$1,155 a month

Osceola County: $632 a month

Owners with a mortgage

59%

Osceola County: 69%

In Celebration, 59% of owners have a mortgage, and their typical cost is $2,897 a month, against $1,877 in Osceola County. Without one it drops to $1,155.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Homes in Celebration gained value more slowly than in Osceola County: 29% since 2015–2019, against 76%.

The typical rent in Celebration rose 15% over the same time; in Osceola County, it rose 42%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureCelebrationOsceola CountyFloridaUnited States
Rental vacancy 14.5%7.0%7.6%5.5%
Homeowner vacancy Unreliable estimate2.1%1.4%0.9%
More than one person per room Unreliable estimate5.3%3.3%3.4%
People per household 2.522.982.512.53
Drive alone 59%71%70%69%
Carpool Unreliable estimate12%9%9%
Public transit Unreliable estimate1%1%3%
Walk or bike Unreliable estimate1%2%3%
Work from home 34%13%16%15%
Other means Unreliable estimate2%2%2%
Typical commute Unreliable estimate30 to 39 minutes20 to 29 minutes20 to 29 minutes

The rental vacancy rate in Celebration is 14.5%, higher than in Osceola County (7.0%).

Fewer people live in each home here: 2.52 on average, against 2.98 in Osceola County.

Many people here do not commute at all: 34% work from home; in Osceola County, 13%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Celebration?

A typical home costs more than the typical income allows

We start with a typical home in Celebration, worth $635,000, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 65% of the typical household income in Celebration, which is $96,242 a year. For that payment to be 28% of income, a household would need to earn about $223,446 a year. Note: at that price the loan is above the FHA limit for Osceola County ($541,287), so FHA would not insure it; the payment is only a reference.

The calculator's FHA and conventional loan limits are those of all of Osceola County.

Your numbers

Local data
$

Starts at the typical home value in Celebration. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $22,225 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$5,214

at 7.18% · 30 years

Loan amount
$623,499
Total interest
$897,068
Paid off in
November 2056

Includes $10,724 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,246 a month

  • Tight

    $2,246 to $2,887 a month

  • Hard

    more than $2,887 a month

    Your payment · 65%

Compared with the typical household income in Celebration ($96,242 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$5,214
Principal & interest$4,224
Property tax$445
Home insurance$265
FHA mortgage insurance (MIP)$281

This loan is over the FHA limit

You'd borrow $612,775, but the FHA limit for a one-unit home in Celebration is $541,287. You'd need a bigger down payment or a different loan.

You need at least $22,225 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Celebration and Osceola County

Celebration is in Osceola County, Florida. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Celebration's own numbers

Typical home value
$635,000
Typical monthly rent
$2,020
Typical yearly household income
$96,242
Households that own their home
58%
Effective property tax rate
0.84%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Osceola County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,959
Price change over 5 years (FHFA)
+60%
Homes in a high flood-risk zone
11%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Osceola County.

Everything about Osceola County

Buying

Buying a home in Celebration

A typical home in Celebration is worth $635,000: 80% above the county and 77% above Florida. With the typical household income in Celebration ($96,242 a year), a typical home costs 6.6 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Celebration 6.6 years
  • Osceola 4.9 years
  • Florida 4.8 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Osceola County

According to FHFA’s house price index, home prices in Osceola County rose 143% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Osceola County.

Period County Florida U.S.
Last year (2025) −0.2% −0.5% +2.9%
5 years (2020–2025) +60% +60% +47%
10 years (2015–2025) +143% +127% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Celebration next to Osceola County, Florida and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Celebration $635,000
  • Osceola $353,300
  • Florida $359,000
  • United States $332,700
Typical monthly rent
  • Celebration $2,020
  • Osceola $1,746
  • Florida $1,669
  • United States $1,413
Typical yearly household income
  • Celebration $96,242
  • Osceola $72,637
  • Florida $74,568
  • United States $80,734
See the full table
Celebration next to Osceola County and Florida
Measure Celebration Osceola County Florida U.S.
Typical home value $635,000 $353,300 $359,000 $332,700
Typical monthly rent $2,020 $1,746 $1,669 $1,413
Typical yearly household income $96,242 $72,637 $74,568 $80,734
Households that own their home 58% 65% 68% 65%
Typical yearly property tax $5,315 $2,700 $2,730 $3,119
Effective property tax rate 0.84% 0.76% 0.76% 0.94%
Renters with high rent for their income 50% 65% 60% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Osceola County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Celebration

For a typical $635,000 home in Celebration, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Celebration's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $5,214a month

    Above the FHA limit for Osceola County ($541,287)
    Down payment
    $22,225
    Cash to close
    $41,275
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $281

  • Conventional, 5% down $5,097a month

    Least cash to close
    Down payment
    $31,750
    Cash to close
    $50,800
    Rate
    7.18%
    Mortgage insurance
    PMI · $302

  • Conventional, 20% down, no PMI $4,150a month

    Down payment
    $127,000
    Cash to close
    $146,050
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $4,738a month

    Down payment
    $95,250
    Cash to close
    $114,300
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is Conventional, 5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Celebration and for Osceola County.

Property tax

Effective rate in Celebration

0.84%of the home’s value each year

$5,315 a year for the typical owner in Celebration.

  • Celebration 0.84%
  • Osceola 0.76%
  • Florida 0.76%

What Florida publishes Homestead exemption (Florida Department of Revenue)

Exemptions and deadlines in Florida

Flood risk in Osceola County

FEMA does not publish these numbers by city: they are for all of Osceola County.

Homes in the high-risk zone
11%
14,370
Of those, with NFIP insurance
36%
County Florida U.S.
Homes in the high-risk zone 11% 13% 3.5%
Of those, with NFIP insurance 36% 67% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Celebration

Typical rent in Celebration is $2,020 a month: 16% above the county. In Celebration, 50% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Osceola County, by unit size. To pay the 2-bedroom one ($1,959 a month) without spending more than 30% of your income, you would need to earn $37.67 an hour working full time.

HUD fair market rent for all of Osceola County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,658 $31.88 $66,320
1 bedroom $1,726 $33.19 $69,040
2 bedrooms $1,959 $37.67 $78,360
3 bedrooms $2,445 $47.02 $97,800
4 bedrooms $2,856 $54.92 $114,240

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Celebration

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Celebration is in ZIP code 34747.

For 2 bedrooms it is $2,110: $151 more than the fair market rent for Osceola County ($1,959).

  • 34747 $2,110$2,630

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Celebration when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Celebration

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 2 HUD-approved agencies with an office in Osceola County; 2 say they serve in Spanish.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Celebration

No down payment, repair or rent-help program on our list is for Celebration or Osceola County. The ones below are statewide in Florida: they work in Celebration the same as in the rest of the state.

Which programs do I qualify for? All programs in Florida

Housing counselors near Celebration

The HUD-approved agencies closest to the center of Celebration, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Community Legal Services of Mid-Florida, Inc. - Kissimmee Office

    800 N Main St, Kissimmee · 9 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 6 more
    (386) 255-6573

  • University of Florida/Florida Cooperative Extension - Osceola County Cooperative Extension Service

    1921 Kissimmee Valley Ln, Kissimmee · 11 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (321) 697-3000

  • Incharge Debt Solutions

    5750 Major Blvd, Orlando · 13 miles away · Spanish

    Also serves in Creole.

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 4 more
    (877) 712-6040

Every agency in Osceola County All counseling agencies in Florida

Help in Spanish near Celebration

3 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Celebration

HUD’s record names them for Celebration or Osceola County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

All housing agencies in Florida Source: HUD

Cities

Other cities in Osceola County

These cities are also in Osceola County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Osceola County Housing in Florida

Nearby cities

The cities closest to Celebration, with the typical home value.

Neighboring counties

If Osceola County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Celebration.

All guides
A smiling girl holds up a small mushroom she found on a forest outing.

Questions

Housing questions about Celebration

Short answers with the numbers for Celebration and all of Osceola County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Celebration?

The typical home value in Celebration is $635,000, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Osceola County it is $353,300.

How much does it cost to rent in Celebration?

Typical rent in Celebration is $2,020 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Osceola County is $1,959.

What is the FHA loan limit in Celebration?

Celebration uses the FHA limit for all of Osceola County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Celebration?

The typical homeowner in Celebration pays $5,315 a year, according to the U.S. Census Bureau. That is 0.84% of the home’s value; in Osceola County, the rate is 0.76%.

Where can I find free help to buy or rent in Celebration?

There are 2 HUD-approved counseling agencies with an office in Osceola County. 2 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).