At $2,259/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 $2,259 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: October 17, 2026
What the numbers show
30% of the median household income ($59,410) is $1,485 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,249); a 4-bedroom is $1,672.
From Zillow's monthly rent index (ZORI) for Pinewood. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Pinewood, FL is majority renter-occupied, has a median income below the national average, 10.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Pinewood, FL has changed in 5 years
Local incomes tracked alongside that move, going from a median of $40,294 in 2021 to $59,410 more recently. Census counts show Pinewood, FL adding about 1,004 residents over the five-year window, up 5.9% on net. The renter share has eased from 68.6% to 59.6%, with owner-occupied housing accounting for the remainder.
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Can you afford rent in Pinewood on your salary?
At $2,259/mo, how Pinewood rent compares to typical pay (30% rule).
Pinewood rent by bedroom count
Median rent for each apartment size in Pinewood. Click any size for full breakdown.
Tips for renters in Pinewood
Last updated: October 17, 2026
The median rent in Pinewood is $2,259/mo as of October 2026. A studio apartment averages $360/mo while a 2-bedroom runs $1,609/mo. One-bedroom apartments average $1,481/mo and 3-bedroom units go for $1,249/mo.
At 46% of local median household income ($59,410/yr), Pinewood ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
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Is rent going up or down in Pinewood?
How does Pinewood rent compare to other cities in Florida?
At $2,259/mo, rent takes ~46% of Pinewood's median household income ($59,410/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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