City Report · FL

Greenacres

Pop. 44,373·155th most expensive in Florida·Rental market data updated monthly for Greenacres, FL
Median rent (all units)
$2,111/mo
Year-over-Year
+0.4%
Month-over-Month
+2.1%
vs US Median
+$149
Rising (Monthly)
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Most AffordableMost Expensive
Greenacres · $2,111
More expensive than 64% of US cities · National median $1,962/mo
Rent Reality Score
64/100
Good value
OverheatedFairGreat value

Rents are 7% below what Greenacres's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,111/mo
Expected by trend
$2,266/mo
The Rent Reality Score compares today's median rent to where Greenacres's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,490
1 BR
$1,670
2 BR
$1,990
3 BR
$2,600
4 BR+
$3,110
Fair Market Rent (HUD)
$1,990/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,111 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
$25,332/yr
At $2,111/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.4% YoY, +2.1% MoM), not inventory.
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Demographics

Who lives here

Greenacres, FL is majority owner-occupied, 26.1% of residents hold a bachelor's degree or higher.

Population
44,373
Median income
$70,491
Median age
39.1
Renters
33.5%
Age distribution
22.9%
21.1%
26.2%
12.2%
17.6%
Under 1822.9%
18–3421.1%
35–5426.2%
55–6412.2%
65+17.6%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
27%
28.5%
44.8%
White27%
Black28.5%
Hispanic44.8%
Asian2.7%
Education (25+)
15.7%
30.4%
27.8%
26.1%
No HS diploma15.7%
HS diploma30.4%
Some college27.8%
Bachelor's+26.1%
Housing tenure
66.5%
33.5%
Owner66.5%
Renter33.5%

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

2022 vs 2026

How Greenacres, FL has changed in 5 years

Rent
$1,986 → $2,111
up 6.3%
Income
$51,692 → $70,491
up 36.4%
Population
43,482 → 44,373
up 2.0%
Renter share
34.6% → 33.5%
-1.1 pts
Bachelor's+
22.9% → 26.1%
+3.2 pts
Median age
37.6 → 39.1
+1.5 yrs

The median rent in Greenacres, FL stood at $1,986 in 2022 and currently runs about $2,111, reflecting a 6.3% increase over the period. Census figures show median household income at $70,491 today, compared with $51,692 five years earlier. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 2.0% since 2021, moving from about 43,482 residents to roughly 44,373. College-educated residents now make up 26.1% of adults here, versus 22.9% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

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View Greenacres rent history (2015–2026) →
Salary vs rent

Can you afford rent in Greenacres on your salary?

At $2,111/mo, how Greenacres rent compares to typical pay (30% rule).

By apartment size

Greenacres rent by bedroom count

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

Local insights

Tips for renters in Greenacres

About renting in Greenacres, FL

Last updated: August 17, 2026

The median rent in Greenacres is $2,111/mo as of August 2026. A studio apartment averages $1,490/mo while a 2-bedroom runs $1,990/mo. One-bedroom apartments average $1,670/mo and 3-bedroom units go for $2,600/mo.

At 36% of local median household income ($70,491/yr), Greenacres ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.4% over the past year.

FAQ

Frequently asked questions

Is Greenacres an affordable city for renters?

Greenacres is considered moderate for renters. At $2,111/mo, rent takes approximately 36% of the local median household income ($70,491/yr). The standard benchmark is 30%. Greenacres slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Greenacres?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (~$40/hour full-time) to afford the median rent of $2,111/mo in Greenacres. The local median household income is $70,491/yr, meaning the typical Greenacres household falls short of that threshold.

Is rent going up or down in Greenacres?

Rent in Greenacres has been relatively stable over the past year, with a 0.4% change year over year as of August 2026.

How does Greenacres rent compare to other cities in Florida?

Greenacres is middle-of-the-pack for Florida for rent, ranking #155 out of 291 tracked cities at $2,111/mo.

What percentage of Greenacres residents rent vs. own?

According to Census data, approximately 33.5% of Greenacres households are renters, while 66.5% are owner-occupied. Greenacres leans toward homeownership, which can mean a smaller rental inventory.

How does Greenacres rent compare to the national average?

Greenacres's median rent of $2,111/mo is $149 (8%) above the US national median of $1,962/mo. Within Florida, it ranks #155 out of 291 tracked cities.
Income Affordability
36%
MODERATE

At $2,111/mo, rent takes ~36% of Greenacres's median household income ($70,491/yr). The standard benchmark is 30%.

Greenacres 36%Benchmark 30%
State income taxNone
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Neighborhoods

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