Lee County

Florida ยท Pop. 802,824

Ranked #151 of 200 counties

32Crisis

Median Home Price

๐Ÿ 

$400K

3.8% YoY

Median Rent

๐Ÿ”‘

$1,800

Median Income

๐Ÿ’ฐ

$58K

Rent Burden

๐Ÿ“Š

35.5%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

25,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

8,200

Price-to-Income Ratio

โš–๏ธ

6.9x

Homeownership Rate

๐Ÿก

68.5%

How Lee County Compares

MetricLee CountyFloridaNational
Home Price$400K$381K$410K
Rent$1,800$1,719$1,500
Income$58K$73K$75K
Rent Burden35.5%37.8%30.0%
Homeownership68.5%68.0%65.0%

Key Takeaways

  • โ€ข Home prices are 2% below the national average.
  • โ€ข Rent is 20% above the national average.
  • โ€ข The county has an estimated housing shortage of 25,000 units.
  • โ€ข 8,200 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 3.8%.