City Report · FL

The Hammocks

Pop. 58,838·75th most expensive in Florida·Rental market data updated monthly for The Hammocks, FL
Median rent (all units)
$2,467/mo
Year-over-Year
+4.0%
Month-over-Month
Stable
vs US Median
+$502
Stable (Monthly)
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Most AffordableMost Expensive
The Hammocks · $2,467
More expensive than 79% of US cities · National median $1,965/mo
Rent Reality Score
70/100
Good value
OverheatedFairGreat value

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

Actual rent
$2,467/mo
Expected by trend
$2,741/mo
The Rent Reality Score compares today's median rent to where The Hammocks's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,170
1 BR
$2,410
2 BR
$2,960
3 BR
$3,820
4 BR+
$4,480
Research median
$2,960/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
$29,604/yr
At $2,467/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.0% YoY, -0.0% MoM), not inventory.
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Demographics

Who lives here

The Hammocks, FL is majority owner-occupied, 37.9% of residents hold a bachelor's degree or higher.

Population
58,838
Median income
$85,628
Median age
41.6
Renters
37.3%
Age distribution
20.7%
21.1%
26.9%
14%
17.3%
Under 1820.7%
18–3421.1%
35–5426.9%
55–6414%
65+17.3%
Gender
48.6%
51.4%
Male48.6%
Female51.4%
Race & ethnicity
24.8%
79.4%
White24.8%
Black4.3%
Hispanic79.4%
Asian2%
Education (25+)
25.4%
26.3%
37.9%
No HS diploma10.4%
HS diploma25.4%
Some college26.3%
Bachelor's+37.9%
Housing tenure
62.7%
37.3%
Owner62.7%
Renter37.3%

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

2021 vs 2026

How The Hammocks, FL has changed in 5 years

Rent
$1,655 → $2,467
up 49.1%
Income
$73,597 → $85,628
up 16.3%
Population
61,461 → 58,838
down 4.3%
Renter share
37.2% → 37.3%
+0.1 pts
Bachelor's+
35.9% → 37.9%
+2.0 pts
Median age
39.9 → 41.6
+1.7 yrs

Since 2021, the typical rent in The Hammocks, FL has increased from $1,655 to $2,467, a 49.1% change over five years. Median household income rose from $73,597 to $85,628 between 2021 and 2024, a 16.3% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 4.3% since 2021, moving from about 61,461 residents to roughly 58,838. College-educated residents now make up 37.9% of adults here, versus 35.9% in 2021. Taken together, the five-year picture in The Hammocks, FL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View The Hammocks rent history (2015–2026) →
Salary vs rent

Can you afford rent in The Hammocks on your salary?

At $2,467/mo, how The Hammocks rent compares to typical pay (30% rule).

By apartment size

The Hammocks rent by bedroom count

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

Local insights

Tips for renters in The Hammocks

About renting in The Hammocks, FL

Last updated: July 20, 2026

The median rent in The Hammocks is $2,467/mo as of July 2026. A studio apartment averages $2,170/mo while a 2-bedroom runs $2,960/mo. One-bedroom apartments average $2,410/mo and 3-bedroom units go for $3,820/mo.

At 35% of local median household income ($85,628/yr), The Hammocks ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.0% over the past year.

FAQ

Frequently asked questions

Is The Hammocks an affordable city for renters?

The Hammocks is considered moderate for renters. At $2,467/mo, rent takes approximately 35% of the local median household income ($85,628/yr). The standard benchmark is 30%. The Hammocks slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in The Hammocks?

To keep rent at or below 30% of gross income, you would need to earn at least $99,000/year (~$48/hour full-time) to afford the median rent of $2,467/mo in The Hammocks. The local median household income is $85,628/yr, meaning the typical The Hammocks household falls short of that threshold.

Is rent going up or down in The Hammocks?

Rent in The Hammocks has increased 4.0% over the past year as of July 2026, putting upward pressure on renter budgets.

How does The Hammocks rent compare to other cities in Florida?

The Hammocks is one of the pricier cities in Florida for rent, ranking #75 out of 288 tracked cities at $2,467/mo.

Which nearby cities are cheaper to rent in than The Hammocks?

Homestead is nearby and more affordable at $2,444/mo, which is $23 less than The Hammocks.

What percentage of The Hammocks residents rent vs. own?

According to Census data, approximately 37.3% of The Hammocks households are renters, while 62.7% are owner-occupied. The Hammocks leans toward homeownership, which can mean a smaller rental inventory.

How does The Hammocks rent compare to the national average?

The Hammocks's median rent of $2,467/mo is $502 (26%) above the US national median of $1,965/mo. Within Florida, it ranks #75 out of 288 tracked cities.
Income Affordability
35%
MODERATE

At $2,467/mo, rent takes ~35% of The Hammocks's median household income ($85,628/yr). The standard benchmark is 30%.

The Hammocks 35%Benchmark 30%
State income taxNone
Run the The Hammocks affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near The Hammocks, FL

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