Cost of Living in Hendry County, Florida
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Hendry County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Hendry County, Florida
Hendry's housing costs beat the nation
Hendry County residents spend 21.7% of income on rent, well below the national average and nearly a percentage point better than Florida's state median of 22.5%. With a median household income of $53,044—roughly 29% below the national average of $74,755—Hendry achieves relative affordability through lower rents averaging just $958 per month.
Among Florida's most affordable counties
Hendry ranks favorably within Florida for housing affordability, with rent-to-income ratios better than the state average. The county's median rent of $958 trails Florida's state median of $1,233 by nearly $275 monthly, making it an accessible option for renters statewide.
Cheaper than surrounding rural counties
Hendry's $958 monthly rent undercuts neighboring Highlands County ($980) and significantly beats Hillsborough County ($1,543). For homebuyers, Hendry's median home value of $189,700 is roughly $50,000 less than Indian River County ($314,700) while maintaining similar monthly ownership costs around $800.
Rent or own, both are reasonable
Renters in Hendry spend an average $958 monthly (21.7% of income), while homeowners pay $797 monthly for mortgages and ownership costs. Combined with the modest median household income of $53,044, both housing pathways remain within reasonable affordability ranges compared to state and national standards.
Hendry offers rural Florida affordability
If you're relocating from higher-cost Florida metros, Hendry delivers significant savings: rents roughly 22% below state average and homes under $190K. The county's rent-to-income ratio of 21.7% means you'll keep more of your paycheck compared to pricier coastal alternatives.
Affordability Calculator
See how your income compares to housing costs in Hendry County
Rent Burden
21.7%
of gross income
Max Housing (28% Rule)
$1,238
per month
Owner Cost Burden
18.0%
of gross income
The median home in Hendry County may be a stretch
Median home value is $189,700. Estimated monthly cost: $1,514 vs. your max of $1,238.
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.