City Report · FL

Pinecrest

Pop. 18,462·24th most expensive in Florida·Pinecrest rents are up 6.6% over the past year
Median rent (all units)
$3,353/mo
Year-over-Year
+6.6%
Month-over-Month
Stable
vs US Median
+$1,421
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Pinecrest · $3,353
More expensive than 95% of US cities · National median $1,932/mo
Rent Reality Score
48/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Pinecrest's 10-year trend predicts.

Actual rent
$3,353/mo
Expected by trend
$3,320/mo
The Rent Reality Score compares today's median rent to where Pinecrest's own long-run trajectory projects it should be. See the full rankings →
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
Fair Market Rent (HUD)
$2,790/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,353 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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Pinecrest is at its highest level since Zillow's records here began in January 2023.

Past year vs. the rest of Florida

Rent in Pinecrest changed +6.6% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($206,417) is $5,160 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($4,220).

Cheaper nearby

West Miami, 6 miles away, rents for 27% less ($2,456/mo), about $10,800 a year in savings.

From Zillow's monthly rent index (ZORI) for Pinecrest. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$40,236/yr
At $3,353/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.6% YoY, +0.1% 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
$2,777 → $3,353
up 20.7%
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 $2,777 in 2023 and currently runs about $3,353, reflecting a 20.7% increase 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 $3,353/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: October 17, 2026

The median rent in Pinecrest is $3,353/mo as of October 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 19% of local median household income ($206,417/yr), Pinecrest ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.6% over the past year.

FAQ

Frequently asked questions

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 $134,000/year (about $64/hour full-time) to afford the median rent of $3,353/mo in Pinecrest. The local median household income is $206,417/yr, so the typical household meets that bar.

Is rent going up or down in Pinecrest?

Rent in Pinecrest has risen 6.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2023.

How does Pinecrest rent compare to other cities in Florida?

Pinecrest is one of the pricier among Florida cities for rent, ranking #24 of 289 tracked cities at $3,353/mo. Over the year to September 2026, rent in Pinecrest changed +6.6%, against a typical +1.8% across the 270 Florida cities Zillow tracks.

Which nearby cities are cheaper to rent in than Pinecrest?

Nearby cities with lower median rent than Pinecrest ($3,353/mo) include West Miami ($2,456/mo), Sweetwater ($2,475/mo), and The Crossings ($2,525/mo).
Income Affordability
19%
VERY AFFORDABLE

At $3,353/mo, rent takes ~19% of Pinecrest's median household income ($206,417/yr). The standard benchmark is 30%.

Pinecrest 19%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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