At $2,425/mo, rent takes about 46% of the local median household income, well above the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,425 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 →
12-month history
Last updated: August 17, 2026
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Who lives here
Hobe Sound, FL is majority owner-occupied, has a large retiree population, has a median income below the national average, 29.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Hobe Sound, FL has changed in 5 years
On the earnings side, the typical household in Hobe Sound, FL now reports about $63,484, up from $56,598 in 2021. Headcount in the area went from 13,964 to 13,817 between 2021 and 2024, a 1.1% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 27.8% to 29.8%.
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Can you afford rent in Hobe Sound on your salary?
At $2,425/mo, how Hobe Sound rent compares to typical pay (30% rule).
Hobe Sound rent by bedroom count
Median rent for each apartment size in Hobe Sound. Click any size for full breakdown.
Tips for renters in Hobe Sound
Last updated: August 17, 2026
The median rent in Hobe Sound is $2,425/mo as of August 2026. A studio apartment averages $1,160/mo while a 2-bedroom runs $1,420/mo. One-bedroom apartments average $1,180/mo and 3-bedroom units go for $1,960/mo.
At 46% of local median household income ($63,484/yr), Hobe Sound ranks as moderate compared to the national benchmark of 30%. Rents have decreased 23.4% over the past year.
Frequently asked questions
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What percentage of Hobe Sound residents rent vs. own?
How does Hobe Sound rent compare to the national average?
At $2,425/mo, rent takes ~46% of Hobe Sound's median household income ($63,484/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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