Ranked from ACS 2023 5-Year
Counties Where Renting Costs Far Less Than Owning in Florida
The widest gaps between median rent and the full monthly cost of owning the median home. A large gap does not automatically mean renting is the better decision, because rent buys no equity and is not fixed for thirty years, but it does show where the market prices ownership at a steep premium.
Florida ranked
| # | County | Monthly saved by renting | Median rent | Monthly to own |
|---|---|---|---|---|
| 1 | Monroe County | $3,508 | $1,959 | $5,467 |
| 2 | Collier County | $2,049 | $1,752 | $3,801 |
| 3 | St. Johns County | $1,855 | $1,775 | $3,630 |
| 4 | Miami-Dade County | $1,679 | $1,731 | $3,410 |
| 5 | Sumter County | $1,666 | $1,225 | $2,891 |
| 6 | Martin County | $1,614 | $1,499 | $3,113 |
| 7 | Nassau County | $1,491 | $1,335 | $2,826 |
| 8 | Palm Beach County | $1,476 | $1,818 | $3,294 |
| 9 | Manatee County | $1,361 | $1,549 | $2,910 |
| 10 | Broward County | $1,308 | $1,804 | $3,112 |
| 11 | Sarasota County | $1,282 | $1,715 | $2,997 |
| 12 | Indian River County | $1,273 | $1,284 | $2,557 |
| 13 | Walton County | $1,253 | $1,674 | $2,927 |
| 14 | Orange County | $1,220 | $1,675 | $2,895 |
| 15 | Hillsborough County | $1,182 | $1,543 | $2,725 |
| 16 | Seminole County | $1,177 | $1,686 | $2,863 |
| 17 | Charlotte County | $1,132 | $1,289 | $2,421 |
| 18 | Okaloosa County | $1,122 | $1,475 | $2,597 |
| 19 | Leon County | $1,092 | $1,230 | $2,322 |
| 20 | Lee County | $1,073 | $1,597 | $2,670 |
| 21 | Pinellas County | $1,064 | $1,525 | $2,589 |
| 22 | St. Lucie County | $1,058 | $1,489 | $2,547 |
| 23 | Franklin County | $1,044 | $1,044 | $2,088 |
| 24 | Flagler County | $1,025 | $1,687 | $2,712 |
| 25 | Brevard County | $1,019 | $1,456 | $2,475 |
| 26 | Alachua County | $1,005 | $1,255 | $2,260 |
| 27 | Santa Rosa County | $987 | $1,445 | $2,432 |
| 28 | Osceola County | $943 | $1,651 | $2,594 |
| 29 | Volusia County | $931 | $1,368 | $2,299 |
| 30 | Lake County | $907 | $1,468 | $2,375 |
| 31 | Jefferson County | $903 | $790 | $1,693 |
| 32 | Duval County | $890 | $1,385 | $2,275 |
| 33 | Baker County | $865 | $1,011 | $1,876 |
| 34 | Clay County | $851 | $1,464 | $2,315 |
| 35 | Pasco County | $832 | $1,372 | $2,204 |
| 36 | Bay County | $824 | $1,424 | $2,248 |
| 37 | Hernando County | $800 | $1,209 | $2,009 |
| 38 | Citrus County | $787 | $1,069 | $1,856 |
| 39 | Gilchrist County | $782 | $855 | $1,637 |
| 40 | Gulf County | $781 | $1,161 | $1,942 |
| 41 | Polk County | $736 | $1,272 | $2,008 |
| 42 | Escambia County | $704 | $1,234 | $1,938 |
| 43 | Bradford County | $703 | $838 | $1,541 |
| 44 | Columbia County | $697 | $915 | $1,612 |
| 45 | Marion County | $694 | $1,174 | $1,868 |
| 46 | Hendry County | $688 | $958 | $1,646 |
| 47 | Wakulla County | $662 | $1,155 | $1,817 |
| 48 | Levy County | $662 | $826 | $1,488 |
| 49 | Okeechobee County | $585 | $974 | $1,559 |
| 50 | Suwannee County | $573 | $849 | $1,422 |
| 51 | Highlands County | $567 | $980 | $1,547 |
| 52 | Gadsden County | $561 | $792 | $1,353 |
| 53 | Union County | $552 | $846 | $1,398 |
| 54 | Calhoun County | $524 | $680 | $1,204 |
| 55 | Washington County | $473 | $884 | $1,357 |
| 56 | DeSoto County | $461 | $910 | $1,371 |
| 57 | Putnam County | $430 | $902 | $1,332 |
| 58 | Lafayette County | $317 | $880 | $1,197 |
| 59 | Hardee County | $270 | $954 | $1,224 |
| 60 | Hamilton County | $230 | $819 | $1,049 |
| 61 | Jackson County | $212 | $846 | $1,058 |
| 62 | Madison County | $210 | $819 | $1,029 |
| 63 | Glades County | $182 | $927 | $1,109 |
| 64 | Dixie County | $158 | $792 | $950 |
| 65 | Liberty County | $149 | $968 | $1,117 |
| 66 | Holmes County | $142 | $823 | $965 |
| 67 | Taylor County | $95 | $878 | $973 |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Counties Where Renting Costs Far Less Than Owning across all 3,133 US counties · Every county in Florida