City Report · FL

Plantation

Pop. 4,531·68th most expensive in Florida·Rental market data updated monthly for Plantation, FL
Median rent (all units)
$2,514/mo
Year-over-Year
+3.0%
Month-over-Month
-0.4%
vs US Median
+$549
Stable (Monthly)
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Most AffordableMost Expensive
Plantation · $2,514
More expensive than 80% of US cities · National median $1,965/mo
Rent Reality Score
69/100
Good value
OverheatedFairGreat value

Rents are 10% below what Plantation's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,514/mo
Expected by trend
$2,778/mo
The Rent Reality Score compares today's median rent to where Plantation's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,143
1 BR
$2,340
2 BR
$2,893
3 BR
$3,997
4 BR+
$4,857
Research median
$2,893/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
$30,168/yr
At $2,514/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.0% YoY, -0.4% MoM), not inventory.
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Demographics

Who lives here

Plantation, FL is majority owner-occupied, has a large retiree population, 42% of residents hold a bachelor's degree or higher.

Population
4,531
Median income
$78,404
Median age
71.2
Renters
9.8%
Age distribution
14.7%
70.4%
Under 184.3%
18–345.3%
35–545.3%
55–6414.7%
65+70.4%
Gender
45%
55%
Male45%
Female55%
Race & ethnicity
94.9%
White94.9%
Black0.7%
Hispanic3.1%
Asian0.6%
Other0.8%
Education (25+)
17.2%
36.3%
42%
No HS diploma4.6%
HS diploma17.2%
Some college36.3%
Bachelor's+42%
Housing tenure
90.2%
Owner90.2%
Renter9.8%

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

2021 vs 2026

How Plantation, FL has changed in 5 years

Rent
$1,814 → $2,514
up 38.6%
Income
$69,049 → $78,404
up 13.5%
Population
4,565 → 4,531
down 0.7%
Renter share
9.8% → 9.8%
+0.0 pts
Bachelor's+
51.1% → 42%
-9.1 pts
Median age
72.5 → 71.2
-1.3 yrs

Since 2021, the typical rent in Plantation, FL has climbed from $1,814 to $2,514, a 38.6% change over five years. Census figures show median household income at $78,404 today, compared with $69,049 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. College-educated residents now make up 42% of adults here, versus 51.1% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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

Can you afford rent in Plantation on your salary?

At $2,514/mo, how Plantation rent compares to typical pay (30% rule).

By apartment size

Plantation rent by bedroom count

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

Local insights

Tips for renters in Plantation

About renting in Plantation, FL

Last updated: July 20, 2026

The median rent in Plantation is $2,514/mo as of July 2026. A studio apartment averages $2,143/mo while a 2-bedroom runs $2,893/mo. One-bedroom apartments average $2,340/mo and 3-bedroom units go for $3,997/mo.

At 38% of local median household income ($78,404/yr), Plantation ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.

FAQ

Frequently asked questions

Is Plantation an affordable city for renters?

Plantation is considered moderate for renters. At $2,514/mo, rent takes approximately 38% of the local median household income ($78,404/yr). The standard benchmark is 30%. Plantation slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Plantation?

To keep rent at or below 30% of gross income, you would need to earn at least $101,000/year (~$49/hour full-time) to afford the median rent of $2,514/mo in Plantation. The local median household income is $78,404/yr, meaning the typical Plantation household falls short of that threshold.

Is rent going up or down in Plantation?

Rent in Plantation has increased 3.0% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Plantation neighborhoods have the lowest rent?

The most affordable ZIP codes in Plantation are 33317 ($2,404/mo), 33324 ($2,512/mo), and 33323 ($2,799/mo). Citywide, the median rent in Plantation is $2,514/mo.

How does Plantation rent compare to other cities in Florida?

Plantation is one of the pricier cities in Florida for rent, ranking #68 out of 288 tracked cities at $2,514/mo.

Which nearby cities are cheaper to rent in than Plantation?

Several nearby cities have lower median rents than Plantation ($2,514/mo): Lauderhill ($1,892/mo), Tamarac ($2,155/mo), Davie ($2,450/mo).

What percentage of Plantation residents rent vs. own?

According to Census data, approximately 9.8% of Plantation households are renters, while 90.2% are owner-occupied. Plantation leans toward homeownership, which can mean a smaller rental inventory.

How does Plantation rent compare to the national average?

Plantation's median rent of $2,514/mo is $549 (28%) above the US national median of $1,965/mo. Within Florida, it ranks #68 out of 288 tracked cities.
Income Affordability
38%
MODERATE

At $2,514/mo, rent takes ~38% of Plantation's median household income ($78,404/yr). The standard benchmark is 30%.

Plantation 38%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Plantation, FL

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