Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Balm CDP, Florida?
City · Census ACS 5-Year estimates
The median gross rent in Balm CDP, Florida is $2,022/month (±$1,055), based on Census ACS 5-Year estimates (2024). The median home value is $345,300 (±$36,207), and the median household income is $114,659/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Balm CDP, Florida
| Metric | Value |
|---|---|
| Median Gross Rent | $2,022 |
| Median Home Value | $345,300 |
| Median Household Income | $114,659 |
| Total Housing Units | 1,944 |
| Renter-Occupied Units | 431 |
| Renter-Occupied Share | 22% |
| Households Paying 50%+ Income | 62 households |
How does Balm CDP, Florida compare?
Median gross rent ranked against all cities in Florida.
Higher rent than 82% of cities in Florida · 152th of 821
| # | City | Value |
|---|---|---|
| 1 | Siesta Key CDP | $3,501 |
| 1 | South Beach CDP | $3,501 |
| 1 | Key Biscayne village | $3,501 |
| … 148 more … | ||
| 152 | Balm CDP(you are here) | $2,022 |
| … 666 more … | ||
| 819 | Lake Kerr CDP | $525 |
| 820 | Raleigh CDP | $482 |
| 821 | Inglis town | $344 |
More data for Balm CDP, Florida
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Frequently asked questions
What is the average rent in Balm CDP, Florida?
The median gross rent in Balm CDP, Florida is $2,022/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Balm CDP, Florida?
The median rent for a 2-bedroom in Balm CDP, Florida is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Balm CDP, Florida?
The median home value in Balm CDP, Florida is $345,300 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Balm CDP are rent-burdened?
In Balm CDP, Florida, 62 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Balm CDP, Florida?
The median household income in Balm CDP, Florida is $114,659/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $2,022 has a margin of error of ±$1,055. In very small areas, MOEs can be large relative to the estimate.
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