Rent affordability in Florida’s most populous metro areas has progressively worsened. Factors like, increase in rents relative to income, less housing availability per person and higher median home prices have all increased pressure on renters.

Below you can search up, download and analyze any metro area in Florida for rental affordability as a percentage of median household income from 2017 to 2023, which is the latest available data.

Higher Price Tags on Homes

Data pulled from Realtor.com also shows that housing prices in Florida have gone up post-pandemic, diminishing hope for renters to buy and, again, increasing rental demand.

Tight Housing Market

The tight housing market during the pandemic likely exacerbated rental demand, forcing more people to rent.

Active listings relative to population began dropping in 2019 before going back up in the early months of 2022.

Tampa, Miami, Jacksonville and Orlando’s metro areas were selected due to their high populations.

Additional Stories

  1. What age groups/races are being pushed how due to the high rents.
  2. How are rents being affected in south Florida’s condo association’s post Surfside.
  3. More granular: What neighborhoods in the metro areas are the most affected by the high rental pressure.