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City Report · FL

Pinecrest

Pop. 18,462·8th most expensive in Florida·Pinecrest rents are up 5.3% over the past year
Median rent (all units)
$4,706/mo
Year-over-Year
+5.3%
Month-over-Month
-9.3%
vs US Median
+$2,741
Falling (Monthly)
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Most AffordableMost Expensive
Pinecrest · $4,706
More expensive than 99% of US cities · National median $1,965/mo
Affordability
27% of income
AFFORDABLE
0%30% benchmark60%+

At $4,706/mo, rent takes about 27% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$188,000/yr
Local median income
$206,417/yr
Based on the 30%-of-income rule using Pinecrest's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$2,050
1 BR
$2,270
2 BR
$2,790
3 BR
$3,600
4 BR+
$4,220
Research median
$2,790/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$56,472/yr
At $4,706/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+5.3% YoY, -9.3% MoM), not inventory.
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Demographics

Who lives here

Pinecrest, FL is majority owner-occupied, has a large share of families with children, has a median income above the national average, 72.4% of residents hold a bachelor's degree or higher.

Population
18,462
Median income
$206,417
Median age
42.3
Renters
17.2%
Age distribution
28.3%
12.8%
27.9%
13.5%
17.5%
Under 1828.3%
18–3412.8%
35–5427.9%
55–6413.5%
65+17.5%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
49.3%
48.7%
White49.3%
Black2%
Hispanic48.7%
Asian4%
Education (25+)
18.7%
72.4%
No HS diploma1.8%
HS diploma7.1%
Some college18.7%
Bachelor's+72.4%
Housing tenure
82.8%
17.2%
Owner82.8%
Renter17.2%

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

2023 vs 2026

How Pinecrest, FL has changed in 5 years

Rent
$5,404 → $4,706
down 12.9%
Income
$166,801 → $206,417
up 23.8%
Population
18,405 → 18,462
up 0.3%
Renter share
19.4% → 17.2%
-2.2 pts
Bachelor's+
69.9% → 72.4%
+2.5 pts
Median age
42.9 → 42.3
-0.6 yrs

The median rent in Pinecrest, FL stood at $5,404 in 2023 and currently runs about $4,706, reflecting a 12.9% decrease over the period. Household income in the area moved from $166,801 to $206,417 across the same window, up 23.8% versus 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. Renters now make up 17.2% of households, compared with 19.4% five years ago. College-educated residents now make up 72.4% of adults here, versus 69.9% in 2021. Reading these numbers side by side helps frame whether current listings in Pinecrest, FL look reasonable against where the market sat half a decade ago.

Community

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

Can you afford rent in Pinecrest on your salary?

At $4,706/mo, how Pinecrest rent compares to typical pay (30% rule).

By apartment size

Pinecrest rent by bedroom count

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

Local insights

Tips for renters in Pinecrest

About renting in Pinecrest, FL

Last updated: July 20, 2026

The median rent in Pinecrest is $4,706/mo as of July 2026. A studio apartment averages $2,050/mo while a 2-bedroom runs $2,790/mo. One-bedroom apartments average $2,270/mo and 3-bedroom units go for $3,600/mo.

At 27% of local median household income ($206,417/yr), Pinecrest ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.3% over the past year.

FAQ

Frequently asked questions

Is Pinecrest an affordable city for renters?

Pinecrest is considered affordable for renters. At $4,706/mo, rent takes approximately 27% of the local median household income ($206,417/yr). The standard benchmark is 30%. Pinecrest falls comfortably within that range.

How much income do you need to rent in Pinecrest?

To keep rent at or below 30% of gross income, you would need to earn at least $188,000/year (~$90/hour full-time) to afford the median rent of $4,706/mo in Pinecrest. The local median household income is $206,417/yr, meaning the typical Pinecrest household meets that threshold.

Is rent going up or down in Pinecrest?

Rent in Pinecrest has increased 5.3% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Pinecrest rent compare to other cities in Florida?

Pinecrest is one of the pricier cities in Florida for rent, ranking #8 out of 288 tracked cities at $4,706/mo.

Which nearby cities are cheaper to rent in than Pinecrest?

Several nearby cities have lower median rents than Pinecrest ($4,706/mo): West Miami ($2,353/mo), Sweetwater ($2,529/mo), The Crossings ($2,701/mo).

What percentage of Pinecrest residents rent vs. own?

According to Census data, approximately 17.2% of Pinecrest households are renters, while 82.8% are owner-occupied. Pinecrest leans toward homeownership, which can mean a smaller rental inventory.

How does Pinecrest rent compare to the national average?

Pinecrest's median rent of $4,706/mo is $2,741 (139%) above the US national median of $1,965/mo. Within Florida, it ranks #8 out of 288 tracked cities.
Income Affordability
27%
AFFORDABLE

At $4,706/mo, rent takes ~27% of Pinecrest's median household income ($206,417/yr). The standard benchmark is 30%.

Pinecrest 27%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Pinecrest, FL

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