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City Report · FL

Ocean Ridge

Pop. 1,537·12th most expensive in Florida·One of the pricier rental markets in the US
Median rent (all units)
$4,188/mo
Year-over-Year
Stable
Month-over-Month
+74.5%
vs US Median
+$2,223
Rising (Monthly)
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Most AffordableMost Expensive
Ocean Ridge · $4,188
More expensive than 98% of US cities · National median $1,965/mo
Affordability
39% of income
MODERATE
0%30% benchmark60%+

At $4,188/mo, rent takes about 39% of the local median household income, slightly above the 30% benchmark.

Income to afford
$168,000/yr
Local median income
$128,750/yr
Based on the 30%-of-income rule using Ocean Ridge's median rent and household income. See the full affordability breakdown →
Rent trends

12-month history

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Last updated: May 18, 2026

Annual cost
$50,256/yr
At $4,188/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +74.5% MoM), not inventory.
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Demographics

Who lives here

Ocean Ridge, FL is majority owner-occupied, has a large retiree population, has a median income above the national average, 80.2% of residents hold a bachelor's degree or higher.

Population
1,537
Median income
$128,750
Median age
64.8
Renters
17%
Age distribution
23.8%
49.1%
Under 186.5%
18–3410.5%
35–5410%
55–6423.8%
65+49.1%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
87.2%
White87.2%
Hispanic5.2%
Asian2.3%
Other5.2%
Education (25+)
14.1%
80.2%
No HS diploma2.7%
HS diploma3.1%
Some college14.1%
Bachelor's+80.2%
Housing tenure
83%
17%
Owner83%
Renter17%

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

2021 vs 2026

How Ocean Ridge, FL has changed in 5 years

Income
$129,500 → $128,750
down 0.6%
Population
1,574 → 1,537
down 2.4%
Renter share
17.6% → 17%
-0.6 pts
Bachelor's+
73.1% → 80.2%
+7.1 pts
Median age
59.2 → 64.8
+5.6 yrs

On the earnings side, the typical household in Ocean Ridge, FL now reports about $128,750, up from $129,500 in 2021. Headcount in the area went from 1,574 to 1,537 between 2021 and 2024, a 2.4% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 73.1% to 80.2%.

Community

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View Ocean Ridge rent history (2015–2026) →
Salary vs rent

Can you afford rent in Ocean Ridge on your salary?

At $4,188/mo, how Ocean Ridge rent compares to typical pay (30% rule).

By apartment size

Ocean Ridge rent by bedroom count

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

Local insights

Tips for renters in Ocean Ridge

About renting in Ocean Ridge, FL

Last updated: May 18, 2026

The median rent in Ocean Ridge is $4,188/mo as of May 2026.

At 39% of local median household income ($128,750/yr), Ocean Ridge ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Ocean Ridge an affordable city for renters?

Ocean Ridge is considered moderate for renters. At $4,188/mo, rent takes approximately 39% of the local median household income ($128,750/yr). The standard benchmark is 30%. Ocean Ridge slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Ocean Ridge?

To keep rent at or below 30% of gross income, you would need to earn at least $168,000/year (~$81/hour full-time) to afford the median rent of $4,188/mo in Ocean Ridge. The local median household income is $128,750/yr, meaning the typical Ocean Ridge household falls short of that threshold.

Is rent going up or down in Ocean Ridge?

Rent in Ocean Ridge has been relatively stable over the past year, with a 0.0% change year over year as of May 2026.

How does Ocean Ridge rent compare to other cities in Florida?

Ocean Ridge is one of the pricier cities in Florida for rent, ranking #12 out of 293 tracked cities at $4,188/mo.

Which nearby cities are cheaper to rent in than Ocean Ridge?

Several nearby cities have lower median rents than Ocean Ridge ($4,188/mo): Hypoluxo ($2,342/mo), Lake Worth Beach ($2,375/mo), Boynton Beach ($2,404/mo).

What percentage of Ocean Ridge residents rent vs. own?

According to Census data, approximately 17% of Ocean Ridge households are renters, while 83% are owner-occupied. Ocean Ridge leans toward homeownership, which can mean a smaller rental inventory.

How does Ocean Ridge rent compare to the national average?

Ocean Ridge's median rent of $4,188/mo is $2,223 (113%) above the US national median of $1,965/mo. Within Florida, it ranks #12 out of 293 tracked cities.
Income Affordability
39%
MODERATE

At $4,188/mo, rent takes ~39% of Ocean Ridge's median household income ($128,750/yr). The standard benchmark is 30%.

Ocean Ridge 39%Benchmark 30%
State income taxNone
Run the Ocean Ridge affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Ocean Ridge, FL

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