Pembroke Pines, FL
Broward County · Pop. 171,178
Ranked #202 of 243 cities
26Crisis
Median Home Price
🏠$430K
5.0% YoY
Median Rent
🔑$2,000
4.0% YoY
Median Income
💰$65K
Rent Burden
📊36.0%
% of income to rent
Income to Buy
🏦$124K
annual income needed
Income to Rent
📝$80K
annual income needed
Price-to-Income
⚖️6.6x
Homeownership
🏡72.0%
Rent vs. Buy
Buy
$2,289/mo
Est. mortgage (7%, 20% down)
Need $124K/yr income
Rent
$2,000/mo
Median rent
Need $80K/yr income
How Pembroke Pines Compares
| Metric | Pembroke Pines | Florida | National |
|---|---|---|---|
| Home Price | $430K | $381K | $410K |
| Rent | $2,000 | $1,719 | $1,500 |
| Income | $65K | $73K | $75K |
| Rent Burden | 36.0% | 37.8% | 30.0% |
Key Takeaways
- • Home prices in Pembroke Pines are 5% higher than the national average.
- • Rent is 33% higher than the national average.
- • You need an income of $124K to comfortably buy a home here.
- • The homeownership rate is 72.0%, compared to 65.0% nationally.