Florida Rent Shot up by Nearly 40% From 2019 to 2023, Report Says

Florida rent shot up by nearly 40% from 2019 to 2023, report says

"Florida’s strong population growth has collided with limited housing supply, pushing rents beyond what many families can afford."

Florida rents increased by nearly 40% between 2019 and 2023, report finds

A construction zone in Tallahassee featuring a crane and soon-to-be-apartments across the street from the FSU campus on Dec. 31, 2024. (Photo by Jay Waagmeester/Florida Phoenix)Homelessness among Florida families rose by 28% in the last three years, a report from the University of Florida found.  The 2025 Rental Market Study conducted by UF Shimberg Center for Housing Studies found that rent for multifamily units in Florida rose by 39% between 2…

Florida Rents Increased By Nearly 40% Between 2019 And 2023, Report Finds

According to the report, an estimated 904,000 renting households earn less than 60% of the median income and pay more than 40% of their income on housing.