Florida Trend | Florida's Business Authority

High Cost of Housing

Housing costs are rising far faster than income, creating an alarming affordability crisis in America, reports the Center for Housing Policy in its study "Paycheck to Paycheck: Wages and the Cost of Housing in America." Housing costs in southeast Florida:

Market 2005 Median Home Price 1-Bedroom Rent
Fort Lauderdale $210,000 $830/Month
West Palm Beach $245,000 $761/Month
Miami $225,000 $775/Month

Source: Center for Housing Policy

For more information: nhc.org/housing