In Timber Pines, a typical home is worth $278,200 and typical rent is $1,460 a month. Compared with all of Hernando County, typical rent is 12% higher, typical household income is 10% lower, and the share of households that own their home is 10 points higher.
Timber Pines is in Hernando 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 Hernando County. See the county
What this place has that others do not, from public data, most unusual first.
1
Timber Pines has the 12th highest homeownership rate of the 481 cities in Florida with more than 5,000 people (93%).
2
Nearby, in Shady Hills, the typical rent is $993: 32% less than in Timber Pines ($1,460).
3
Timber Pines has the 21st largest share of rent-burdened renters of the 434 cities in Florida with more than 5,000 people (76%).
4
Nearby, in Shady Hills, the typical home value is $233,200: 16% less than in Timber Pines ($278,200).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Timber Pines
What homes there are in Timber Pines, 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
Timber Pines
Hernando County
Florida
United States
Kind of home: Timber Pines and its comparisons
Measure
Timber Pines
Hernando County
Florida
United States
Detached house
65%
77%
55%
61%
Attached house
27%
3%
7%
6%
Building of 2 to 4
Unreliable estimate
2%
6%
8%
Apartments (5 or more)
Unreliable estimate
4%
25%
19%
Mobile home
Unreliable estimate
14%
8%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Timber Pines, 6 in 10 homes are single-family detached houses; in Hernando County, 8.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Timber Pines
Hernando County
Florida
United States
Year built: Timber Pines and its comparisons
Measure
Timber Pines
Hernando County
Florida
United States
Before 1960
Unreliable estimate
3%
10%
26%
1960–1979
5%
16%
24%
24%
1980–1999
88%
48%
34%
25%
2000–2009
Unreliable estimate
24%
18%
14%
2010 or later
Unreliable estimate
10%
14%
11%
The typical year built in Timber Pines is 1991, about the same as in Hernando County (1991).
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K10%
$200K–$300K46%
$300K–$500K32%
$500K–$750K6%
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Timber Pines and its comparisons
Measure
Timber Pines
Under $100K
Unreliable estimate
$100K–$200K
10%
$200K–$300K
46%
$300K–$500K
32%
$500K–$750K
6%
$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–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Timber Pines and its comparisons
Measure
Timber Pines
Under $500
Unreliable
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a mortgage
$1,358 a month
Hernando County: $1,513 a month
Without a mortgage
$599 a month
Hernando County: $473 a month
Owners with a mortgage
26%
Hernando County: 55%
Owning costs less in Timber Pines: with a mortgage, the typical cost is $1,358 a month; in Hernando County, $1,513. Without one, $599.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Timber Pines+74%
Hernando County+94%
Florida+67%
United States+53%
Typical rent
Timber Pines+74%
Hernando County+32%
Florida+42%
United States+33%
Typical household income
Timber Pines+22%
Hernando County+35%
Florida+34%
United States+29%
Change since 2015–2019: Timber Pines and its comparisons
Measure
Timber Pines
Hernando County
Florida
United States
Typical home value
+74%
+94%
+67%
+53%
Typical rent
+74%
+32%
+42%
+33%
Typical household income
+22%
+35%
+34%
+29%
Homes in Timber Pines gained value more slowly than in Hernando County: 74% since 2015–2019, against 94%.
Rents in Timber Pines rose faster than in Hernando County: 74% since 2015–2019, against 32%.
The typical household income in Timber Pines rose 22%: less than home values (+74%) and rent (+74%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Timber Pines and its comparisons
Measure
Timber Pines
Hernando County
Florida
United States
Rental vacancy
Unreliable estimate
7.7%
7.6%
5.5%
Homeowner vacancy
Unreliable estimate
0.8%
1.4%
0.9%
More than one person per room
Unreliable estimate
1.8%
3.3%
3.4%
People per household
1.60
2.49
2.51
2.53
Drive alone
67%
73%
70%
69%
Carpool
Unreliable estimate
9%
9%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
1%
2%
3%
Work from home
27%
14%
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
Fewer people live in each home here: 1.60 on average, against 2.49 in Hernando County.
Many people here do not commute at all: 27% work from home; in Hernando County, 14%.
Do the math
What would you pay each month for a home in Timber Pines?
A typical home costs more than the typical income allows
We start with a typical home in Timber Pines, worth $278,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 46% of the typical household income in Timber Pines, which is $59,185 a year. For that payment to be 28% of income, a household would need to earn about $96,503 a year.
The calculator's FHA and conventional loan limits are those of all of Hernando 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 Timber Pines. 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 $9,737 (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
$2,252
at 7.18% · 30 years
Loan amount
$273,161
Total interest
$393,015
Paid off in
November 2056
Includes $4,698 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,381 a month
Tight
$1,381 to $1,776 a month
Hard
more than $1,776 a month
Your payment · 46%
Compared with the typical household income in Timber Pines ($59,185 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,850
Property tax
$162
Home insurance
$116
FHA mortgage insurance (MIP)
$123
You need at least $9,737 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 $2,252; principal and interest $1,850.
The city and its county
Timber Pines and Hernando County
Timber Pines is in Hernando 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).
Timber Pines
Map of Hernando County, Florida, with Timber Pines marked. Around it, the neighboring counties.
Timber Pines
Hernando County
Other cities with a page
Timber Pines's own numbers
Typical home value
$278,200
Typical monthly rent
$1,460
Typical yearly household income
$59,185
Households that own their home
93%
Effective property tax rate
0.7%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Hernando County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,917
Price change over 5 years (FHFA)
+68%
Homes in a high flood-risk zone
5.6%
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 Hernando County.
A typical home in Timber Pines is worth $278,200: about the same as the county and 23% below Florida. With the typical household income in Timber Pines ($59,185 a year), a typical home costs 4.7 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.
Timber Pines4.7 years
Hernando4.2 years
Florida4.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Hernando County
According to FHFA’s house price index, home prices in Hernando County rose 173% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Hernando County.
Yearly change in FHFA’s price index in Hernando County, 2016 to 2025
2016: +10.7% +10.7% 2016
2017: +12.7% +12.7% 2017
2018: +13.1% +13.1% 2018
2019: +6.8% +6.8% 2019
2020: +7.6% +7.6% 2020
2021: +21.2% +21.2% 2021
2022: +27.0% +27.0% 2022
2023: +7.6% +7.6% 2023
2024: +2.1% +2.1% 2024
2025: −0.6% −0.6% 2025
Change in FHFA’s price index in Hernando County, Florida and the United States
Period
County
Florida
U.S.
Last year (2025)
−0.6%
−0.5%
+2.9%
5 years (2020–2025)
+68%
+60%
+47%
10 years (2015–2025)
+173%
+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
Timber Pines next to Hernando 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
Timber Pines$278,200
Hernando$276,000
Florida$359,000
United States$332,700
Typical monthly rent
Timber Pines$1,460
Hernando$1,298
Florida$1,669
United States$1,413
Typical yearly household income
Timber Pines$59,185
Hernando$66,058
Florida$74,568
United States$80,734
See the full table
Timber Pines next to Hernando County and Florida
Measure
Timber Pines
Hernando County
Florida
U.S.
Typical home value
$278,200
$276,000
$359,000
$332,700
Typical monthly rent
$1,460 ▲12% above the county
$1,298
$1,669
$1,413
Typical yearly household income
$59,185 ▼10% below the county
$66,058
$74,568
$80,734
Households that own their home
93% ▲10 points above the county
83%
68%
65%
Typical yearly property tax
$1,946 ▲5% above the county
$1,858
$2,730
$3,119
Effective property tax rate
0.7% ▲0.03 points above the county
0.67%
0.76%
0.94%
Renters with high rent for their income
76% ▲21 points above the county
56%
60%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Hernando 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 Timber Pines
For a typical $278,200 home in Timber Pines, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Timber Pines's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,252a month
Least cash to close
Down payment
$9,737
Cash to close
$18,083
Rate
7.18%
Mortgage insurance
FHA MIP · $123
Conventional, 5% down$2,201a month
Down payment
$13,910
Cash to close
$22,256
Rate
7.18%
Mortgage insurance
PMI · $132
Conventional, 20% down, no PMI$1,786a month
Down payment
$55,640
Cash to close
$63,986
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$2,043a month
Down payment
$41,730
Cash to close
$50,076
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Timber Pines
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,252
$9,737
$273,161
7.18%
FHA MIP · $123
$18,083
580
Conventional, 5% down
$2,201
$13,910
$264,290
7.18%
PMI · $132
$22,256
620*
Conventional, 20% down, no PMI
$1,786
$55,640
$222,560
7.18%
None
$63,986
620*
ITIN, 15% down (example)
$2,043
$41,730
$236,470
8.18%
None
$50,076
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 Timber Pines is $1,460 a month: 12% above the county. In Timber Pines, 76% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Hernando County, by unit size. To pay the 2-bedroom one ($1,917 a month) without spending more than 30% of your income, you would need to earn $36.87 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 Hernando County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,597
$30.71
$63,880
1 bedroom
$1,648
$31.69
$65,920
2 bedrooms
$1,917
$36.87
$76,680
3 bedrooms
$2,448
$47.08
$97,920
4 bedrooms
$2,977
$57.25
$119,080
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 Timber Pines
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Timber Pines is in ZIP code 34606.
For 2 bedrooms it is $1,530: $387 less than the fair market rent for Hernando County ($1,917).
Fair market rent by ZIP code and size in Timber Pines, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
34606
$1,270
$1,320
$1,530
$1,950
$2,380
ZIP code2 bd3 bd
34606 $1,530$1,950
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Timber Pines 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.
We found no HUD-approved agencies with an office in Hernando County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Timber Pines or Hernando County. The ones below are statewide in Florida: they work in Timber Pines 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.
The HUD-approved agencies closest to the center of Timber Pines, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
UF
University of Florida/Florida Cooperative Extension - Citrus County Cooperative Extension Service
3650 W. Sovereign Path, Ste. 1, Lecanto · 25 miles away
No legal help resource on our list is for Timber Pines or Hernando 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 Timber Pines and all of Hernando 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 Timber Pines?
The typical home value in Timber Pines is $278,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Hernando County it is $276,000.
How much does it cost to rent in Timber Pines?
Typical rent in Timber Pines is $1,460 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Hernando County is $1,917.
What is the FHA loan limit in Timber Pines?
Timber Pines uses the FHA limit for all of Hernando 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 Timber Pines?
The typical homeowner in Timber Pines pays $1,946 a year, according to the U.S. Census Bureau. That is 0.7% of the home’s value; in Hernando County, the rate is 0.67%.
Where can I find free help to buy or rent in Timber Pines?
We found no HUD-approved counseling agencies with an office in Hernando County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
