Broward County
Florida · Pop. 1,952,778
Ranked #177 of 200 counties
24Crisis
Median Home Price
🏠$450K
5.0% YoY
Median Rent
🔑$2,000
Median Income
💰$60K
Rent Burden
📊38.0%
% of income to rent
Housing Shortage
🏗️42,000
estimated unit deficit
Building Permits (2024)
📋12,000
Price-to-Income Ratio
⚖️7.5x
Homeownership Rate
🏡60.2%
How Broward County Compares
| Metric | Broward County | Florida | National |
|---|---|---|---|
| Home Price | $450K | $381K | $410K |
| Rent | $2,000 | $1,719 | $1,500 |
| Income | $60K | $73K | $75K |
| Rent Burden | 38.0% | 37.8% | 30.0% |
| Homeownership | 60.2% | 68.0% | 65.0% |
Key Takeaways
- • Home prices are 10% above the national average.
- • Rent is 33% above the national average.
- • The county has an estimated housing shortage of 42,000 units.
- • 12,000 building permits were issued in 2024.
- • Year-over-year home prices changed by 5.0%.