Davie, FL
Broward County · Pop. 107,485
Ranked #198 of 243 cities
28Crisis
Median Home Price
🏠$450K
5.0% YoY
Median Rent
🔑$2,000
3.5% YoY
Median Income
💰$72K
Rent Burden
📊34.0%
% of income to rent
Income to Buy
🏦$129K
annual income needed
Income to Rent
📝$80K
annual income needed
Price-to-Income
⚖️6.3x
Homeownership
🏡72.0%
Rent vs. Buy
Buy
$2,395/mo
Est. mortgage (7%, 20% down)
Need $129K/yr income
Rent
$2,000/mo
Median rent
Need $80K/yr income
How Davie Compares
| Metric | Davie | Florida | National |
|---|---|---|---|
| Home Price | $450K | $381K | $410K |
| Rent | $2,000 | $1,719 | $1,500 |
| Income | $72K | $73K | $75K |
| Rent Burden | 34.0% | 37.8% | 30.0% |
Key Takeaways
- • Home prices in Davie are 10% higher than the national average.
- • Rent is 33% higher than the national average.
- • You need an income of $129K to comfortably buy a home here.
- • The homeownership rate is 72.0%, compared to 65.0% nationally.