Cost of Living in Broward County, Florida
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Broward County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Broward County, Florida
Broward County's housing crisis hits hard
Broward residents spend 29.0% of income on rent—far above the national comfort threshold of 28% and among America's most burdened markets. At $1,804 monthly against a $74,534 median income, South Florida's affordability crisis is unmistakable.
Florida's most expensive housing market
Broward's 29.0% rent-to-income ratio and $1,804 median rent are the state's worst, exceeding Florida's 22.5% average by 6.5 percentage points. No other Florida county approaches this combination of high rents and housing strain.
Dramatically pricier than all peer counties
Broward's $1,804 rent shatters every comparable: Charlotte ($1,289), Brevard ($1,456), and even premium coastal peers fall well short. The gap reflects South Florida's unique demand and limited supply dynamics.
Owners face steeper burden than most renters
Broward homeowners spend 25.7% of income on mortgage costs—higher than renters in most other Florida counties—against a $380,400 median home value. Both rental and ownership paths demand 25%+ of household income, a severe affordability squeeze.
Reconsider unless income is exceptional
Broward County's 29% housing burden ranks among America's worst; only high-earning professionals should seriously consider relocating here. Prospective residents prioritizing affordability should explore Brevard, Alachua, or rural North Florida alternatives—the savings are dramatic.
Affordability Calculator
See how your income compares to housing costs in Broward County
Rent Burden
29.0%
of gross income
Max Housing (28% Rule)
$1,739
per month
Owner Cost Burden
25.7%
of gross income
The median home in Broward County may be a stretch
Median home value is $380,400. Estimated monthly cost: $3,037 vs. your max of $1,739.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.