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City Report · FL

Florida City

Pop. 12,943·65th most expensive in Florida·Rental market data updated monthly for Florida City, FL
Median rent (all units)
$2,535/mo
Year-over-Year
-0.3%
Month-over-Month
+2.0%
vs US Median
+$573
Rising (Monthly)
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Most AffordableMost Expensive
Florida City · $2,535
More expensive than 80% of US cities · National median $1,962/mo
Affordability
64% of income
EXPENSIVE
0%30% benchmark60%+

At $2,535/mo, rent takes about 64% of the local median household income, well above the 30% benchmark.

Income to afford
$101,000/yr
Local median income
$47,482/yr
Based on the 30%-of-income rule using Florida City's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,520
1 BR
$1,700
2 BR
$2,100
3 BR
$2,730
4 BR+
$3,240
Fair Market Rent (HUD)
$2,100/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,535 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$30,420/yr
At $2,535/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (-0.3% YoY, +2.0% MoM), not inventory.
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Demographics

Who lives here

Florida City, FL is majority renter-occupied, has a large share of families with children, has a median income below the national average, 11.3% of residents hold a bachelor's degree or higher.

Population
12,943
Median income
$47,482
Median age
32
Renters
68.8%
Age distribution
32.3%
20.6%
28.4%
Under 1832.3%
18–3420.6%
35–5428.4%
55–647.2%
65+11.6%
Gender
46.6%
53.4%
Male46.6%
Female53.4%
Race & ethnicity
25%
40.2%
56.3%
White25%
Black40.2%
Hispanic56.3%
Education (25+)
28.4%
33.2%
27%
No HS diploma28.4%
HS diploma33.2%
Some college27%
Bachelor's+11.3%
Housing tenure
31.2%
68.8%
Owner31.2%
Renter68.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Florida City, FL has changed in 5 years

Income
$43,599 → $47,482
up 8.9%
Population
12,844 → 12,943
up 0.8%
Renter share
74.6% → 68.8%
-5.8 pts
Bachelor's+
7% → 11.3%
+4.3 pts
Median age
28.2 → 32
+3.8 yrs

Census figures show median household income at $47,482 today, compared with $43,599 five years earlier. About 68.8% of households rent today, against 74.6% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 7% to 11.3%.

Community

Discussions about Florida City

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View Florida City rent history (2015–2026) →
Salary vs rent

Can you afford rent in Florida City on your salary?

At $2,535/mo, how Florida City rent compares to typical pay (30% rule).

By apartment size

Florida City rent by bedroom count

Median rent for each apartment size in Florida City. Click any size for full breakdown.

Local insights

Tips for renters in Florida City

About renting in Florida City, FL

Last updated: August 17, 2026

The median rent in Florida City is $2,535/mo as of August 2026. A studio apartment averages $1,520/mo while a 2-bedroom runs $2,100/mo. One-bedroom apartments average $1,700/mo and 3-bedroom units go for $2,730/mo.

At 64% of local median household income ($47,482/yr), Florida City ranks as expensive compared to the national benchmark of 30%. Rents have decreased 0.3% over the past year.

FAQ

Frequently asked questions

Is Florida City an affordable city for renters?

Florida City is considered expensive for renters. At $2,535/mo, rent takes approximately 64% of the local median household income ($47,482/yr). The standard benchmark is 30%. Florida City significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Florida City?

To keep rent at or below 30% of gross income, you would need to earn at least $101,000/year (~$49/hour full-time) to afford the median rent of $2,535/mo in Florida City. The local median household income is $47,482/yr, meaning the typical Florida City household falls short of that threshold.

Is rent going up or down in Florida City?

Rent in Florida City has been relatively stable over the past year, with a 0.3% change year over year as of August 2026.

How does Florida City rent compare to other cities in Florida?

Florida City is one of the pricier cities in Florida for rent, ranking #65 out of 291 tracked cities at $2,535/mo.

Which nearby cities are cheaper to rent in than Florida City?

Several nearby cities have lower median rents than Florida City ($2,535/mo): Homestead ($2,454/mo), The Hammocks ($2,497/mo).

What percentage of Florida City residents rent vs. own?

According to Census data, approximately 68.8% of Florida City households are renters, while 31.2% are owner-occupied. With a majority renter population, Florida City has a strong rental market.

How does Florida City rent compare to the national average?

Florida City's median rent of $2,535/mo is $573 (29%) above the US national median of $1,962/mo. Within Florida, it ranks #65 out of 291 tracked cities.
Income Affordability
64%
EXPENSIVE

At $2,535/mo, rent takes ~64% of Florida City's median household income ($47,482/yr). The standard benchmark is 30%.

Florida City 64%Benchmark 30%
State income taxNone
Run the Florida City affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Florida City, FL

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