In Three Oaks, a typical home is worth $479,500 and typical rent is $1,887 a month. Compared with all of Lee County, typical household income is 41% higher, the typical home value is 32% higher, and the share of households that own their home is 15 points lower.
Three Oaks is in Lee 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 Lee County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Villas, the typical home value is $248,700: 48% less than in Three Oaks ($479,500).
2
The typical household income in Three Oaks is $107,417,41% more than in Lee County as a whole ($76,107).
3
The typical home in Three Oaks is worth $479,500,32% more than in Lee County as a whole ($362,200).
4
59% of households in Three Oaks own their home, against 74% in Lee County.
5
Three Oaks has the 34th smallest share of rent-burdened renters of the 434 cities in Florida with more than 5,000 people (46%).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Three Oaks
What homes there are in Three Oaks, 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
Three Oaks
Lee County
Florida
United States
Kind of home: Three Oaks and its comparisons
Measure
Three Oaks
Lee County
Florida
United States
Detached house
54%
55%
55%
61%
Attached house
11%
7%
7%
6%
Building of 2 to 4
Unreliable estimate
7%
6%
8%
Apartments (5 or more)
36%
21%
25%
19%
Mobile home
Unreliable estimate
9%
8%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
In Three Oaks, 5 in 10 homes are single-family detached houses, about the same as in Lee County.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Three Oaks
Lee County
Florida
United States
Year built: Three Oaks and its comparisons
Measure
Three Oaks
Lee County
Florida
United States
Before 1960
Unreliable estimate
3%
10%
26%
1960–1979
Unreliable estimate
17%
24%
24%
1980–1999
24%
35%
34%
25%
2000–2009
24%
29%
18%
14%
2010 or later
48%
16%
14%
11%
The typical home in Three Oaks was built in 2009, 12 years after the typical one in Lee County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500K47%
$500K–$750K37%
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Three Oaks and its comparisons
Measure
Three Oaks
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable estimate
$300K–$500K
47%
$500K–$750K
37%
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,49918%
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Three Oaks and its comparisons
Measure
Three Oaks
Under $500
Unreliable
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
18%
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$2,235 a month
Lee County: $1,921 a month
Without a mortgage
$659 a month
Lee County: $758 a month
Owners with a mortgage
82%
Lee County: 52%
Owning costs more in Three Oaks: with a mortgage, the typical cost is $2,235 a month; in Lee County, $1,921. Without one, $659.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Three OaksBoundaries changed
Lee County+61%
Florida+67%
United States+53%
Typical rent
Three OaksBoundaries changed
Lee County+48%
Florida+42%
United States+33%
Typical household income
Three OaksBoundaries changed
Lee County+32%
Florida+34%
United States+29%
Change since 2015–2019: Three Oaks and its comparisons
Measure
Three Oaks
Lee County
Florida
United States
Typical home value
Boundaries changed
+61%
+67%
+53%
Typical rent
Boundaries changed
+48%
+42%
+33%
Typical household income
Boundaries changed
+32%
+34%
+29%
The boundaries of Three Oaks changed since 2015–2019, so the Census does not compare its figures from then and now. In Lee County, the typical home value rose 61%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Three Oaks and its comparisons
Measure
Three Oaks
Lee County
Florida
United States
Rental vacancy
Unreliable estimate
10.3%
7.6%
5.5%
Homeowner vacancy
Unreliable estimate
1.9%
1.4%
0.9%
More than one person per room
Unreliable estimate
2.4%
3.3%
3.4%
People per household
2.89
2.45
2.51
2.53
Drive alone
74%
71%
70%
69%
Carpool
Unreliable estimate
10%
9%
9%
Public transit
Unreliable estimate
1%
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
12%
15%
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
On average, a household in Three Oaks has 2.89 people, more than in Lee County (2.45).
To get to work, 74% of workers in Three Oaks drive alone; in Lee County, 71%.
Do the math
What would you pay each month for a home in Three Oaks?
A typical home costs more than the typical income allows
We start with a typical home in Three Oaks, worth $479,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 43% of the typical household income in Three Oaks, which is $107,417 a year. For that payment to be 28% of income, a household would need to earn about $166,330 a year.
The calculator's FHA and conventional loan limits are those of all of Lee 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 Three Oaks. 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 $16,783 (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
$3,881
at 7.18% · 30 years
Loan amount
$470,815
Total interest
$677,392
Paid off in
November 2056
Includes $8,098 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,506 a month
Tight
$2,506 to $3,223 a month
Hard
more than $3,223 a month
Your payment · 43%
Compared with the typical household income in Three Oaks ($107,417 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$3,189
Property tax
$280
Home insurance
$200
FHA mortgage insurance (MIP)
$212
You need at least $16,783 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 $3,881; principal and interest $3,189.
The city and its county
Three Oaks and Lee County
Three Oaks is in Lee 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).
Three Oaks
Map of Lee County, Florida, with Three Oaks marked. Around it, the neighboring counties.
Three Oaks
Lee County
Other cities with a page
Three Oaks's own numbers
Typical home value
$479,500
Typical monthly rent
$1,887
Typical yearly household income
$107,417
Households that own their home
59%
Effective property tax rate
0.7%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Lee County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,835
Price change over 5 years (FHFA)
+49%
Homes in a high flood-risk zone
42%
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 Lee County.
A typical home in Three Oaks is worth $479,500: 32% above the county and 34% above Florida. With the typical household income in Three Oaks ($107,417 a year), a typical home costs 4.5 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.
Three Oaks4.5 years
Lee4.8 years
Florida4.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Lee County
According to FHFA’s house price index, home prices in Lee County rose 101% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Lee County.
Yearly change in FHFA’s price index in Lee County, 2016 to 2025
2016: +10.6% +10.6% 2016
2017: +7.0% +7.0% 2017
2018: +5.5% +5.5% 2018
2019: +3.8% +3.8% 2019
2020: +4.4% +4.4% 2020
2021: +19.1% +19.1% 2021
2022: +29.4% +29.4% 2022
2023: +5.8% +5.8% 2023
2024: −2.4% −2.4% 2024
2025: −6.7% −6.7% 2025
Change in FHFA’s price index in Lee County, Florida and the United States
Period
County
Florida
U.S.
Last year (2025)
−6.7%
−0.5%
+2.9%
5 years (2020–2025)
+49%
+60%
+47%
10 years (2015–2025)
+101%
+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
Three Oaks next to Lee 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
Three Oaks$479,500
Lee$362,200
Florida$359,000
United States$332,700
Typical monthly rent
Three Oaks$1,887
Lee$1,712
Florida$1,669
United States$1,413
Typical yearly household income
Three Oaks$107,417
Lee$76,107
Florida$74,568
United States$80,734
See the full table
Three Oaks next to Lee County and Florida
Measure
Three Oaks
Lee County
Florida
U.S.
Typical home value
$479,500 ▲32% above the county
$362,200
$359,000
$332,700
Typical monthly rent
$1,887 ▲10% above the county
$1,712
$1,669
$1,413
Typical yearly household income
$107,417 ▲41% above the county
$76,107
$74,568
$80,734
Households that own their home
59% ▼15 points below the county
74%
68%
65%
Typical yearly property tax
$3,364 ▲18% above the county
$2,858
$2,730
$3,119
Effective property tax rate
0.7% ▼0.09 points below the county
0.79%
0.76%
0.94%
Renters with high rent for their income
46% ▼14 points below the county
60%
60%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Lee 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 Three Oaks
For a typical $479,500 home in Three Oaks, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Three Oaks's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,881a month
Least cash to close
Down payment
$16,783
Cash to close
$31,168
Rate
7.18%
Mortgage insurance
FHA MIP · $212
Conventional, 5% down$3,793a month
Down payment
$23,975
Cash to close
$38,360
Rate
7.18%
Mortgage insurance
PMI · $228
Conventional, 20% down, no PMI$3,078a month
Down payment
$95,900
Cash to close
$110,285
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,521a month
Down payment
$71,925
Cash to close
$86,310
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Three Oaks
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,881
$16,783
$470,815
7.18%
FHA MIP · $212
$31,168
580
Conventional, 5% down
$3,793
$23,975
$455,525
7.18%
PMI · $228
$38,360
620*
Conventional, 20% down, no PMI
$3,078
$95,900
$383,600
7.18%
None
$110,285
620*
ITIN, 15% down (example)
$3,521
$71,925
$407,575
8.18%
None
$86,310
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 Three Oaks is $1,887 a month: 10% above the county. In Three Oaks, 46% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Lee County, by unit size. To pay the 2-bedroom one ($1,835 a month) without spending more than 30% of your income, you would need to earn $35.29 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 Lee County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,555
$29.90
$62,200
1 bedroom
$1,564
$30.08
$62,560
2 bedrooms
$1,835
$35.29
$73,400
3 bedrooms
$2,373
$45.63
$94,920
4 bedrooms
$2,615
$50.29
$104,600
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 Three Oaks
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Three Oaks is in ZIP code 33967.
For 2 bedrooms it is $1,960: $125 more than the fair market rent for Lee County ($1,835).
Fair market rent by ZIP code and size in Three Oaks, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
33967
$1,660
$1,670
$1,960
$2,530
$2,790
ZIP code2 bd3 bd
33967 $1,960$2,530
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Three Oaks 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 are 3 HUD-approved agencies with an office in Lee County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Three Oaks or Lee County. The ones below are statewide in Florida: they work in Three Oaks 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 Three Oaks or Lee 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 Three Oaks and all of Lee 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 Three Oaks?
The typical home value in Three Oaks is $479,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Lee County it is $362,200.
How much does it cost to rent in Three Oaks?
Typical rent in Three Oaks is $1,887 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Lee County is $1,835.
What is the FHA loan limit in Three Oaks?
Three Oaks uses the FHA limit for all of Lee 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 Three Oaks?
The typical homeowner in Three Oaks pays $3,364 a year, according to the U.S. Census Bureau. That is 0.7% of the home’s value; in Lee County, the rate is 0.79%.
Where can I find free help to buy or rent in Three Oaks?
There are 3 HUD-approved counseling agencies with an office in Lee County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
