A study by Florida Atlantic University shows rental prices in Florida are stabilizing compared to the national average, with most areas experiencing increases below 3.57% per year. In contrast, the Northeast has seen significant rises due to limited housing supply. Affordability remains a concern, especially in Miami, where a high income is needed to afford rent. Continue to full article...
Rental Prices
Sunbelt states, including Florida, are experiencing high home prices, making renting a potentially better option. A study by two universities shows that the price-to-rent ratio is off in favor of renting in many Florida cities. Researchers suggest renting until the housing market stabilizes due to an influx of northerners moving to the Sunbelt. Continue to full article...