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City · 19,796 residents · St. Johns County, Florida

Palm Valley , Florida

In Palm Valley, a typical home is worth $690,800 and typical rent is $1,856 a month. Compared with all of St. Johns County, the typical home value is 41% higher and typical household income is 6% higher.

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  • Typical home value

    $690,800

    41% above the county

    92% above Florida

    • Palm Valley
    • St. Johns
    • Florida

  • Typical rent

    $1,856a month

    3% below the county

    11% above Florida

    • Palm Valley
    • St. Johns
    • Florida

  • Typical household income

    $116,625a year

    6% above the county

    56% above Florida

    • Palm Valley
    • St. Johns
    • Florida

  • Households that own their home

    81%

    1 points below the county

    14 points above Florida

    • Palm Valley
    • St. Johns
    • Florida

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

Palm Valley is in St. Johns County. The FHA loan limit ($580,750 for a one-unit home), the fair market rents and the help on this page are those of all of St. Johns County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Palm Valley apart

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

  1. The typical home in Palm Valley is worth $690,800, 41% more than in St. Johns County as a whole ($489,200).

  2. Nearby, in Fruit Cove, the typical home value is $484,000: 30% less than in Palm Valley ($690,800).

  3. Palm Valley has the 39th highest typical household income of the 480 cities in Florida with more than 5,000 people ($116,625).

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

The homes here

Housing in Palm Valley

What homes there are in Palm Valley, 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

The detached house is still the most common home in Palm Valley, but it weighs less than in St. Johns County: 61% against 72%.

Year built

The typical home in Palm Valley was built in 1991, 13 years before the typical one in St. Johns County.

There are fewer big homes in Palm Valley than in St. Johns County: 64% have 3 bedrooms or more, against 74%.

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

$2,890 a month

St. Johns County: $2,351 a month

Without a mortgage

$938 a month

St. Johns County: $728 a month

Owners with a mortgage

59%

St. Johns County: 66%

In Palm Valley, 59% of owners have a mortgage, and their typical cost is $2,890 a month, against $2,351 in St. Johns County. Without one it drops to $938.

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 Palm Valley gained value more slowly than in St. Johns County: 45% since 2015–2019, against 61%.

Since 2015–2019, the typical rent in Palm Valley rose 33%, less than in St. Johns County (47%).

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

MeasurePalm ValleySt. Johns CountyFloridaUnited States
Rental vacancy Unreliable estimate5.2%7.6%5.5%
Homeowner vacancy Unreliable estimate1.6%1.4%0.9%
More than one person per room Unreliable estimate1.1%3.3%3.4%
People per household 2.182.622.512.53
Drive alone 69%64%70%69%
Carpool Unreliable estimate7%9%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate1%2%3%
Work from home 25%27%16%15%
Other means Unreliable estimate2%2%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

Fewer people live in each home here: 2.18 on average, against 2.62 in St. Johns County.

The car rules in Palm Valley: 69% of workers drive to work alone, and the typical trip takes 20 to 29 minutes.

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 Palm Valley?

A typical home costs more than the typical income allows

We start with a typical home in Palm Valley, worth $690,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 57% of the typical household income in Palm Valley, which is $116,625 a year. For that payment to be 28% of income, a household would need to earn about $238,393 a year. Note: at that price the loan is above the FHA limit for St. Johns County ($580,750), 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 St. Johns County.

Your numbers

Local data
$

Starts at the typical home value in Palm Valley. 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 $24,178 (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

$5,562

at 7.18% · 30 years

Loan amount
$678,288
Total interest
$975,897
Paid off in
November 2056

Includes $11,666 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,721 a month

  • Tight

    $2,721 to $3,499 a month

  • Hard

    more than $3,499 a month

    Your payment · 57%

Compared with the typical household income in Palm Valley ($116,625 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$5,562
Principal & interest$4,595
Property tax$374
Home insurance$288
FHA mortgage insurance (MIP)$306

This loan is over the FHA limit

You'd borrow $666,622, but the FHA limit for a one-unit home in Palm Valley is $580,750. You'd need a bigger down payment or a different loan.

You need at least $24,178 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

Palm Valley and St. Johns County

Palm Valley is in St. Johns 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).

Palm Valley's own numbers

Typical home value
$690,800
Typical monthly rent
$1,856
Typical yearly household income
$116,625
Households that own their home
81%
Effective property tax rate
0.65%

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

Numbers for all of St. Johns County

FHA limit, one-unit home
$580,750
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,694
Price change over 5 years (FHFA)
+61%
Homes in a high flood-risk zone
2.9%

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 St. Johns County.

Everything about St. Johns County

Buying

Buying a home in Palm Valley

A typical home in Palm Valley is worth $690,800: 41% above the county and 92% above Florida. With the typical household income in Palm Valley ($116,625 a year), a typical home costs 5.9 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.

  • Palm Valley 5.9 years
  • St. Johns 4.5 years
  • Florida 4.8 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in St. Johns County

According to FHFA’s house price index, home prices in St. Johns County rose 115% in the 10 years through 2025.

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

Period County Florida U.S.
Last year (2025) +1.8% −0.5% +2.9%
5 years (2020–2025) +61% +60% +47%
10 years (2015–2025) +115% +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

Palm Valley next to St. Johns 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
  • Palm Valley $690,800
  • St. Johns $489,200
  • Florida $359,000
  • United States $332,700
Typical monthly rent
  • Palm Valley $1,856
  • St. Johns $1,922
  • Florida $1,669
  • United States $1,413
Typical yearly household income
  • Palm Valley $116,625
  • St. Johns $109,839
  • Florida $74,568
  • United States $80,734
See the full table
Palm Valley next to St. Johns County and Florida
Measure Palm Valley St. Johns County Florida U.S.
Typical home value $690,800 $489,200 $359,000 $332,700
Typical monthly rent $1,856 $1,922 $1,669 $1,413
Typical yearly household income $116,625 $109,839 $74,568 $80,734
Households that own their home 81% 82% 68% 65%
Typical yearly property tax $4,490 $3,721 $2,730 $3,119
Effective property tax rate 0.65% 0.76% 0.76% 0.94%
Renters with high rent for their income 65% 60% 60% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below St. Johns 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 Palm Valley

For a typical $690,800 home in Palm Valley, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Palm Valley's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $5,563a month

    Above the FHA limit for St. Johns County ($580,750)
    Down payment
    $24,178
    Cash to close
    $44,902
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $306

  • Conventional, 5% down $5,436a month

    Least cash to close
    Down payment
    $34,540
    Cash to close
    $55,264
    Rate
    7.18%
    Mortgage insurance
    PMI · $328

  • Conventional, 20% down, no PMI $4,406a month

    Down payment
    $138,160
    Cash to close
    $158,884
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $5,044a month

    Down payment
    $103,620
    Cash to close
    $124,344
    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 Palm Valley and for St. Johns County.

Property tax

Effective rate in Palm Valley

0.65%of the home’s value each year

$4,490 a year for the typical owner in Palm Valley.

  • Palm Valley 0.65%
  • St. Johns 0.76%
  • Florida 0.76%

What Florida publishes Homestead exemption (Florida Department of Revenue)

Exemptions and deadlines in Florida

Flood risk in St. Johns County

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

Homes in the high-risk zone
2.9%
2,783
Of those, with NFIP insurance
—
County Florida U.S.
Homes in the high-risk zone 2.9% 13% 3.5%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Palm Valley

Typical rent in Palm Valley is $1,856 a month: 3% below the county. In Palm Valley, 65% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of St. Johns County, by unit size. To pay the 2-bedroom one ($1,694 a month) without spending more than 30% of your income, you would need to earn $32.58 an hour working full time.

HUD fair market rent for all of St. Johns 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 $1,401 $26.94 $56,040
1 bedroom $1,421 $27.33 $56,840
2 bedrooms $1,694 $32.58 $67,760
3 bedrooms $2,077 $39.94 $83,080
4 bedrooms $2,594 $49.88 $103,760

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 Palm Valley

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Palm Valley is in ZIP code 32082.

For 2 bedrooms it is $2,190: $496 more than the fair market rent for St. Johns County ($1,694).

  • 32082 $2,190$2,680

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Palm Valley 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 Palm Valley

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 St. Johns County; none says it serves in Spanish.

A young man and a young woman look something up together on a laptop.

HUD counseling is free or low-cost

Assistance programs in Palm Valley

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

Which programs do I qualify for? All programs in Florida

Housing counselors near Palm Valley

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

  • Credit.org - Jacksonville, FL Branch

    4720 Salisbury Rd, Jacksonville · 12 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 4 more
    (800) 431-8157

  • NSC (naca Counseling Subsidiary) - Jacksonville, FL

    3986 Boulevard Center Dr Ste 101, Jacksonville · 15 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (904) 306-9272

  • Jacksonville Area Legal Aid, Inc.

    126 W Adams St, Jacksonville · 18 miles away · Spanish

    Also serves in American Sign Language (ASL), Creole, French, and Hindi.

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (904) 356-8371

Every agency in St. Johns County All counseling agencies in Florida

Help in Spanish near Palm Valley

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 Palm Valley

HUD lists no housing authority with an office in St. Johns County. One in a neighboring county or the state’s may serve the area.

All housing agencies in Florida Source: HUD

Cities

Other cities in St. Johns County

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

Everything about St. Johns County Housing in Florida

Nearby cities

The cities closest to Palm Valley, with the typical home value.

Neighboring counties

If St. Johns 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 Palm Valley.

All guides
Three women of one family talk as they cook vegetables in the kitchen.

Questions

Housing questions about Palm Valley

Short answers with the numbers for Palm Valley and all of St. Johns 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 Palm Valley?

The typical home value in Palm Valley is $690,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in St. Johns County it is $489,200.

How much does it cost to rent in Palm Valley?

Typical rent in Palm Valley is $1,856 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in St. Johns County is $1,694.

What is the FHA loan limit in Palm Valley?

Palm Valley uses the FHA limit for all of St. Johns County (2026): $580,750 for a one-unit home and $1,116,850 for a four-unit home.

How much property tax do owners pay in Palm Valley?

The typical homeowner in Palm Valley pays $4,490 a year, according to the U.S. Census Bureau. That is 0.65% of the home’s value; in St. Johns County, the rate is 0.76%.

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

There is 1 HUD-approved counseling agency with an office in St. Johns County. 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).