Florida's Affordable Housing Needs

The Center works in close partnership with Florida Housing Finance Corporation to provide data and analysis to guide the Florida's affordable housing efforts. Since 2001, we have produced the Florida Housing Data Clearinghouse under contract with Florida Housing to provide downloadable data on housing needs and supply at the city, county, and state level.

The Center's Annual Report describes current trends in housing production, home prices and rents, and the affordable housing inventory. The Center also produces a Statewide Rental Market Study every three years on Florida Housing's behalf. The market study quantifies the affordable housing needs of low-income families and seniors, farmworkers, special needs households, and homeless persons in Florida. For downloadable presentations on county housing needs and trends, see our Publications page.

Key findings

• Florida's median single-family home price was $401,000 in the first half of 2025. Home prices rose sharply between 2020 and 2022, with the median rising from $355,000 to $429,000 (2025 $). Prices have since stabilized and even fallen slightly, but they remain well above pre-2020 levels.
• Between 2019 and 2023, Florida added more than 1 million households - nearly 195,000 of them renters - driven by in-migration from states like New York, Illinois and California. Despite the addition of more than 240,000 multifamily units, median rent soared nearly $500 per month, from $1,238 to $1,719.
• 904,635 low income renters (<60% AMI) in Florida pay more than 40 percent of income for housing. Renters age 55 and older represent 39% of cost burdened households.
• Florida has a deficit of 660,282 affordable and available rental units for households below 60% AMI.