Florida
Ranked #45 of 51 for housing affordability
28Crisis
Median Home Price
🏠$405K
6.6x income
Median Rent
🔑$2K
37.8% rent-burdened
Median Income
💰$62K
Population: 22,610,726
Homeownership
🏡66.0%
30,756 experiencing homelessness
Housing Shortage
📉500,000
units needed
Building Permits (2024)
🔨155,000
Price-to-Income
📊6.6x
Severe Rent Burden
⚠️19.5%
paying >50% of income
Rent Burden Breakdown
vs. National Average
Metros in Florida
| Metro | Score | Home Price | Rent | Income | Rent Burden |
|---|---|---|---|---|---|
| Miami | 16 | $580K | $2K | $55K | 45.0% |
| Tampa | 32 | $380K | $2K | $59K | 37.5% |
| Orlando | 34 | $385K | $2K | $60K | 38.0% |
| Jacksonville | 42 | $350K | $2K | $62K | 34.5% |
Housing Policies
Live Local Actpreemption of rent controlSadowski Housing Trust FundSB 102 housing