Port St. Lucie, FL

St. Lucie County ยท Pop. 231,298

Ranked #118 of 243 cities

40Moderate

Median Home Price

๐Ÿ 

$340K

5.8% YoY

Median Rent

๐Ÿ”‘

$1,550

4.5% YoY

Median Income

๐Ÿ’ฐ

$55K

Rent Burden

๐Ÿ“Š

33.5%

% of income to rent

Income to Buy

๐Ÿฆ

$98K

annual income needed

Income to Rent

๐Ÿ“

$62K

annual income needed

Price-to-Income

โš–๏ธ

6.2x

Homeownership

๐Ÿก

72.0%

Rent vs. Buy

Buy

$1,810/mo

Est. mortgage (7%, 20% down)

Need $98K/yr income

Rent

$1,550/mo

Median rent

Need $62K/yr income

How Port St. Lucie Compares

MetricPort St. LucieFloridaNational
Home Price$340K$381K$410K
Rent$1,550$1,719$1,500
Income$55K$73K$75K
Rent Burden33.5%37.8%30.0%

Key Takeaways

  • โ€ข Home prices in Port St. Lucie are 17% lower than the national average.
  • โ€ข Rent is 3% higher than the national average.
  • โ€ข You need an income of $98K to comfortably buy a home here.
  • โ€ข The homeownership rate is 72.0%, compared to 65.0% nationally.