Lee County
Florida ยท Pop. 802,824
Ranked #151 of 200 counties
32Crisis
Median Home Price
๐$400K
3.8% YoY
Median Rent
๐$1,800
Median Income
๐ฐ$58K
Rent Burden
๐35.5%
% of income to rent
Housing Shortage
๐๏ธ25,000
estimated unit deficit
Building Permits (2024)
๐8,200
Price-to-Income Ratio
โ๏ธ6.9x
Homeownership Rate
๐ก68.5%
How Lee County Compares
| Metric | Lee County | Florida | National |
|---|---|---|---|
| Home Price | $400K | $381K | $410K |
| Rent | $1,800 | $1,719 | $1,500 |
| Income | $58K | $73K | $75K |
| Rent Burden | 35.5% | 37.8% | 30.0% |
| Homeownership | 68.5% | 68.0% | 65.0% |
Key Takeaways
- โข Home prices are 2% below the national average.
- โข Rent is 20% above the national average.
- โข The county has an estimated housing shortage of 25,000 units.
- โข 8,200 building permits were issued in 2024.
- โข Year-over-year home prices changed by 3.8%.