Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Monroe County, Florida?
County · Census ACS 5-Year estimates
The median gross rent in Monroe County, Florida is $1,999/month (±$108), based on Census ACS 5-Year estimates (2024). The median home value is $780,600 (±$26,820), and the median household income is $87,738/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Monroe County, Florida and Neighbouring Counties
Housing Metrics for Monroe County, Florida
| Metric | Value |
|---|---|
| Median Gross Rent | $1,999 |
| Median Home Value | $780,600 |
| Median Household Income | $87,738 |
| Total Housing Units | 34,405 |
| Renter-Occupied Units | 11,769 |
| Renter-Occupied Share | 34% |
| Households Paying 50%+ Income | 3,763 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $1,268 | n/a |
| 1 BR | $1,837 | +458.4% |
| 2 BR | $2,072 | +256.0% |
| 3 BR | $2,609 | +211.0% |
| 4 BR | $2,303 | +150.6% |
| 5+ BR | $2,091 | n/a |
How does Monroe County, Florida compare?
Median gross rent ranked against all counties in Florida.
Higher rent than 100% of counties in Florida · 1st of 67
| # | County | Value |
|---|---|---|
| 1 | Monroe County(you are here) | $1,999 |
| 2 | St. Johns County | $1,922 |
| 3 | Palm Beach County | $1,916 |
| … 61 more … | ||
| 65 | Calhoun County | $779 |
| 66 | Hamilton County | $724 |
| 67 | Dixie County | $695 |
More data for Monroe County, Florida
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Frequently asked questions
What is the average rent in Monroe County, Florida?
The median gross rent in Monroe County, Florida is $1,999/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 Monroe County, Florida?
The median rent for a 2-bedroom in Monroe County, Florida is $2,072/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$190. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Monroe County, Florida?
The median home value in Monroe County, Florida is $780,600 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Monroe County are rent-burdened?
In Monroe County, Florida, 3,763 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 Monroe County, Florida?
The median household income in Monroe County, Florida is $87,738/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 $1,999 has a margin of error of ±$108. In very small areas, MOEs can be large relative to the estimate.
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