In Inwood, a typical home is worth $142,300 and typical rent is $1,230 a month. Compared with all of Polk County, the typical home value is 47% lower and typical household income is 16% lower.
Inwood is in Polk 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 Polk County. See the county
What this place has that others do not, from public data, most unusual first.
1
Inwood has the 10th lowest typical home value of the 480 cities in Florida with more than 5,000 people ($142,300).
2
Nearby, in Fussels Corner, the typical home value is $92,100: 35% less than in Inwood ($142,300).
3
Nearby, in Fussels Corner, the typical rent is $937: 24% less than in Inwood ($1,230).
4
The typical household income in Inwood is $55,540,16% less than in Polk County as a whole ($65,978).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Inwood
What homes there are in Inwood, 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
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Inwood
Polk County
Florida
United States
Kind of home: Inwood and its comparisons
Measure
Inwood
Polk County
Florida
United States
Detached house
63%
62%
55%
61%
Attached house
Unreliable estimate
3%
7%
6%
Building of 2 to 4
Unreliable estimate
6%
6%
8%
Apartments (5 or more)
Unreliable estimate
9%
25%
19%
Mobile home
25%
20%
8%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
In Inwood, 6 in 10 homes are single-family detached houses, about the same as in Polk County.
In Inwood there are many mobile homes: 25% of homes; in Polk County, 20%.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Inwood
Polk County
Florida
United States
Year built: Inwood and its comparisons
Measure
Inwood
Polk County
Florida
United States
Before 1960
34%
10%
10%
26%
1960–1979
39%
20%
24%
24%
1980–1999
17%
31%
34%
25%
2000–2009
Unreliable estimate
21%
18%
14%
2010 or later
Unreliable estimate
18%
14%
11%
Homes in Inwood are older: the typical year built is 1966; in Polk County, 1992.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K39%
$200K–$300K20%
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Inwood and its comparisons
Measure
Inwood
Under $100K
Unreliable estimate
$100K–$200K
39%
$200K–$300K
20%
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable
$750K–$1M
Unreliable estimate
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49951%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Inwood and its comparisons
Measure
Inwood
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
51%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a mortgage
$1,516 a month
Polk County: $1,716 a month
Without a mortgage
$433 a month
Polk County: $545 a month
Owners with a mortgage
49%
Polk County: 56%
In Inwood, 49% of owners have a mortgage, and their typical cost is $1,516 a month, against $1,716 in Polk County. Without one it drops to $433.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Inwood+78%
Polk County+77%
Florida+67%
United States+53%
Typical rent
Inwood+59%
Polk County+39%
Florida+42%
United States+33%
Typical household income
Inwood+84%
Polk County+30%
Florida+34%
United States+29%
Change since 2015–2019: Inwood and its comparisons
Measure
Inwood
Polk County
Florida
United States
Typical home value
+78%
+77%
+67%
+53%
Typical rent
+59%
+39%
+42%
+33%
Typical household income
+84%
+30%
+34%
+29%
From 2015–2019 to 2020–2024, home values in Inwood rose at about the same pace as in Polk County: 78% against 77%.
Rents in Inwood rose faster than in Polk County: 59% since 2015–2019, against 39%.
Income in Inwood grew faster than housing: it rose 84%, while home values changed +78% and rent +59%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Inwood and its comparisons
Measure
Inwood
Polk County
Florida
United States
Rental vacancy
Unreliable estimate
5.1%
7.6%
5.5%
Homeowner vacancy
Unreliable estimate
1.5%
1.4%
0.9%
More than one person per room
Unreliable estimate
3.4%
3.3%
3.4%
People per household
2.80
2.68
2.51
2.53
Drive alone
77%
75%
70%
69%
Carpool
Unreliable estimate
9%
9%
9%
Public transit
Unreliable estimate
0%
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
19%
12%
16%
15%
Other means
Unreliable estimate
2%
2%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
By size, households in Inwood look like those in Polk County: 2.80 people on average.
In Inwood, 19% of workers work from home, more than in Polk County (12%).
Do the math
What would you pay each month for a home in Inwood?
A typical home is within reach of the typical income
We start with a typical home in Inwood, worth $142,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 25% of the typical household income in Inwood, which is $55,540 a year.
The calculator's FHA and conventional loan limits are those of all of Polk County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Inwood. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $4,981 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,154
at 7.18% · 30 years
Loan amount
$139,722
Total interest
$201,027
Paid off in
November 2056
Includes $2,403 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,296 a month
Your payment · 25%
Tight
$1,296 to $1,666 a month
Hard
more than $1,666 a month
Compared with the typical household income in Inwood ($55,540 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$947
Property tax
$85
Home insurance
$59
FHA mortgage insurance (MIP)
$63
You need at least $4,981 for the down payment, plus closing costs.
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.
Total monthly payment $1,154; principal and interest $947.
The city and its county
Inwood and Polk County
Inwood is in Polk 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).
Inwood
Map of Polk County, Florida, with Inwood marked. Around it, the neighboring counties.
Inwood
Polk County
Other cities with a page
Inwood's own numbers
Typical home value
$142,300
Typical monthly rent
$1,230
Typical yearly household income
$55,540
Households that own their home
69%
Effective property tax rate
0.72%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Polk County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,608
Price change over 5 years (FHFA)
+58%
Homes in a high flood-risk zone
3.9%
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 Polk County.
A typical home in Inwood is worth $142,300: 47% below the county and 60% below Florida. With the typical household income in Inwood ($55,540 a year), a typical home costs 2.6 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.
Inwood2.6 years
Polk4.0 years
Florida4.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Polk County
According to FHFA’s house price index, home prices in Polk County rose 141% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Polk County.
Yearly change in FHFA’s price index in Polk County, 2016 to 2025
2016: +8.8% +8.8% 2016
2017: +9.9% +9.9% 2017
2018: +10.8% +10.8% 2018
2019: +7.0% +7.0% 2019
2020: +7.2% +7.2% 2020
2021: +16.6% +16.6% 2021
2022: +23.5% +23.5% 2022
2023: +8.6% +8.6% 2023
2024: +2.4% +2.4% 2024
2025: −1.2% −1.2% 2025
Change in FHFA’s price index in Polk County, Florida and the United States
Period
County
Florida
U.S.
Last year (2025)
−1.2%
−0.5%
+2.9%
5 years (2020–2025)
+58%
+60%
+47%
10 years (2015–2025)
+141%
+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
Inwood next to Polk 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
Inwood$142,300
Polk$266,500
Florida$359,000
United States$332,700
Typical monthly rent
Inwood$1,230
Polk$1,363
Florida$1,669
United States$1,413
Typical yearly household income
Inwood$55,540
Polk$65,978
Florida$74,568
United States$80,734
See the full table
Inwood next to Polk County and Florida
Measure
Inwood
Polk County
Florida
U.S.
Typical home value
$142,300 ▼47% below the county
$266,500
$359,000
$332,700
Typical monthly rent
$1,230 ▼10% below the county
$1,363
$1,669
$1,413
Typical yearly household income
$55,540 ▼16% below the county
$65,978
$74,568
$80,734
Households that own their home
69% ▼2 points below the county
70%
68%
65%
Typical yearly property tax
$1,023 ▼47% below the county
$1,933
$2,730
$3,119
Effective property tax rate
0.72% ▼0.01 points below the county
0.73%
0.76%
0.94%
Renters with high rent for their income
56% ▲2 points above the county
54%
60%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Polk 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 Inwood
For a typical $142,300 home in Inwood, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Inwood's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,154a month
Least cash to close
Down payment
$4,981
Cash to close
$9,250
Rate
7.18%
Mortgage insurance
FHA MIP · $63
Conventional, 5% down$1,128a month
Down payment
$7,115
Cash to close
$11,384
Rate
7.18%
Mortgage insurance
PMI · $68
Conventional, 20% down, no PMI$916a month
Down payment
$28,460
Cash to close
$32,729
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,047a month
Down payment
$21,345
Cash to close
$25,614
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Inwood
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,154
$4,981
$139,723
7.18%
FHA MIP · $63
$9,250
580
Conventional, 5% down
$1,128
$7,115
$135,185
7.18%
PMI · $68
$11,384
620*
Conventional, 20% down, no PMI
$916
$28,460
$113,840
7.18%
None
$32,729
620*
ITIN, 15% down (example)
$1,047
$21,345
$120,955
8.18%
None
$25,614
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% 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.
Typical rent in Inwood is $1,230 a month: 10% below the county. In Inwood, 56% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Polk County, by unit size. To pay the 2-bedroom one ($1,608 a month) without spending more than 30% of your income, you would need to earn $30.92 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Polk County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,258
$24.19
$50,320
1 bedroom
$1,338
$25.73
$53,520
2 bedrooms
$1,608
$30.92
$64,320
3 bedrooms
$2,212
$42.54
$88,480
4 bedrooms
$2,688
$51.69
$107,520
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 Inwood
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Inwood has 2 ZIP codes with their own.
For 2 bedrooms it runs from $1,430 in 33881 to $1,440 in 33880.
None is above the fair market rent for Polk County ($1,608).
Fair market rent by ZIP code and size in Inwood, fiscal year 2027.
33880
$1,130
$1,200
$1,440
$1,980
$2,410
33881
$1,120
$1,190
$1,430
$1,970
$2,390
ZIP code2 bd3 bd
33880 $1,440$1,980
33881 $1,430$1,970
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Inwood 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 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
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 is 1 HUD-approved agency with an office in Polk County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Inwood or Polk County. The ones below are statewide in Florida: they work in Inwood the same as in the rest of the state.
Florida Housing second loan with no interest and no monthly payments, repaid when you sell or refinance.Offered by Florida Housing Finance Corporation.
No legal help resource on our list is for Inwood or Polk County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Inwood and all of Polk 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 Inwood?
The typical home value in Inwood is $142,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Polk County it is $266,500.
How much does it cost to rent in Inwood?
Typical rent in Inwood is $1,230 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Polk County is $1,608.
What is the FHA loan limit in Inwood?
Inwood uses the FHA limit for all of Polk 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 Inwood?
The typical homeowner in Inwood pays $1,023 a year, according to the U.S. Census Bureau. That is 0.72% of the home’s value; in Polk County, the rate is 0.73%.
Where can I find free help to buy or rent in Inwood?
There is 1 HUD-approved counseling agency with an office in Polk County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
