Checked
Housing Affordability in South Beach, FL
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 22.3%
- Florida 37.7%
- Renters paying 30%+
- 36.4%
- Florida 60.1%
- Homeowners paying 30%+
- 22.1%
- Florida 27.5%
- Owner costs with a mortgage
- $4,000/mo or more
- Florida $1,959/mo
South Beach has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Housing costs compared with income
- Renters paying 30% or more836.4%
- Homeowners paying 30% or more32122.1%
- Renters paying 50% or more00.0%
- Median rent as a share of income: 16.3%
- Median owner costs as a share of income, with a mortgage: 21.9%
- Median owner costs without a mortgage: $1,500 or more/mo
- Median home value divided by median household income: 4.7
How it compares
Swipe the table sideways to see more columns.
| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| South Beach, FL | 22.3% | 36.4% | 22.1% | 16.3% |
| Indian River County | 30.9% | 56.6% | 25.0% | 34.3% |
| Florida | 37.7% | 60.1% | 27.5% | 35.2% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in South Beach, FL?
- In South Beach, FL, 22.3% of households spend 30% or more of their income on housing costs.
- How does South Beach compare with Florida?
- The households paying 30%+ for housing in South Beach is 22.3%, compared with 37.7% for Florida as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates