Cost of Living in Glades County, Florida

$927/mo
Median Monthly Rent
$114,800
Median Home Value
25% below state averageUnaffordable

At a Glance

Median Monthly Rent
$927/mo
25% below state average
Median Home Value
$114,800
59% below national
Rent-to-Income Ratio
42.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Glades County Compares

Median monthly rent comparison

Glades County$927/mo
Florida Average$1,233/mo
National Median$1,163/mo

Detailed Housing Stats

$927/mo
Median Gross Rent
$114,800
Median Home Value
$531/mo
Monthly Owner Cost
42.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Glades County, Florida

Glades struggles with rent burden

Glades County residents spend 28.6% of income on rent—higher than the 28% affordability ceiling and among the nation's most cost-burdened renters. The median household income of $38,905 is the lowest in this survey, amplifying the impact of $927 monthly rent on household finances.

Glades faces affordability crisis

At 28.6%, Glades's rent-to-income ratio towers above Florida's 22.5% state average, signaling acute housing stress in this rural South Florida community. The county's $927 median rent strains residents earning just $38,905 annually, the lowest median income among surveyed counties.

Glades most burdened in region

Glades's 28.6% rent burden substantially exceeds Hardee (21.1%), Gilchrist (16.8%), and Franklin (20%), despite modest absolute rent levels. The burden reflects Glades's exceptionally low median income, which stretches housing costs beyond safe affordability thresholds.

Glades income stretched thin

Renters allocate $927 monthly from a median income of $38,905, consuming 28.6% of earnings and leaving just $2,260 monthly for all other expenses. Homeowners fare slightly better at $531 monthly owner costs (16.4% of income), but with median home values of just $114,800, the county's overall economic capacity is severely constrained.

Glades: understand affordability limits

Glades County's low housing costs mask deeper affordability challenges rooted in limited incomes and economic opportunity. Consider relocating here only if you have remote income or significant savings; the rent-to-income burden leaves little margin for unexpected expenses or economic disruption.

Affordability Calculator

See how your income compares to housing costs in Glades County

$

Rent Burden

28.6%

of gross income

Max Housing (28% Rule)

$908

per month

Owner Cost Burden

16.4%

of gross income

The median home in Glades County may be a stretch

Median home value is $114,800. Estimated monthly cost: $916 vs. your max of $908.

Rent Affordability Guide

Your rent-to-income ratio28.6%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Glades County, Florida?
Glades County, Florida has a median monthly rent of $927/mo and a median home value of $114,800. The affordability rating is Unaffordable, with rent making up approximately 42.0% of median household income.
What is the median rent in Glades County?
The median gross rent in Glades County is $927/mo. This is 25% below state average for Florida.
Is Glades County affordable?
Glades County is rated Unaffordable based on rent-to-income ratio of 42.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Glades County's rent compare to the state average?
Glades County's median rent of $927/mo is 25% below state average of $1,233/mo for Florida.
What is the median home value in Glades County?
The median home value in Glades County, Florida is $114,800. This is 59% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.