Florida is a sunshine-filled state known for its beautiful beaches, warm weather, and world-famous theme parks like Walt Disney World, Universal Studios, and Sea World. From its iconic beaches to vibrant cities, you have a unique blend of outdoor adventure and urban excitement. Explore the state's past by visiting attractions like the Kennedy Space Center, the Museum of Florida History, or the Perez Art Museum Miami. In addition, Florida is home to renowned universities such as the University of Florida and Florida State University, University of Miami.

With hundreds of miles of sandy beaches, crystal-clear springs, and lush everglades, Florida is a paradise for visitors and residents alike. The state is also home to several professional sports teams, including the Miami Dolphins (NFL), Tampa Bay Buccaneers (NFL), Florida Panthers (NHL), Tampa Lighting (NHL), Miami Marlins (MLB), Orlando Magic (NBA), and Miami Heat (NBA). Experience all that Florida has to offer, from its stunning beaches and vibrant atmosphere to its rich traditions and thriving economy.

Discover the magic of living in Florida, where the sun shines bright, the economy thrives, and the quality of life is unparalleled, making it the perfect place to call home.

Rental Market Trends

Monroe County, FL

As of May 2025, Monroe County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Monroe County's average rent is 56.3% ($1,216) higher than the Florida average of $2,161 and 88.3% ($1,584) higher than the U.S. average of $1,793.

Average Rent

$3,377

Monthly ChangeMonth Over Month Change

0.9% ($32)

Yearly ChangeYear Over Year Change

3.6% ($126)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$2,668	0.7% ($18)	0.8% ($21)
2 Beds	$3,656	1.5% ($55)	3.3% ($124)
3 Beds	$5,275	23.6% ($1007)	25.9% ($1084)

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Monroe County Rental Market FAQs

Explore rental prices, market trends, and availability in Monroe County, FL.

What is the average rent in Monroe County, FL?

The average rent in Monroe County, FL is $3,377 per month.

What is the rental price range for homes in Monroe County, FL?

Homes in Monroe County typically rent for between $1,868 and $6,858 per month, with an average of $3,377 per month.

What is the average rent for different bedroom sizes in Monroe County, FL?

In Monroe County, the average rent for a 1-bedroom home is $2,668 per month, for a 2-bedroom home, $3,656 per month, and a 3-bedroom home is $5,275 per month.

How do rent prices in Monroe County, FL compare with the national average?

The average rent in Monroe County is 88.3% ($1,584) higher than the national average of $1,793 per month.

How have rent prices in Monroe County, FL changed recently?

The average rent in Monroe County has decreased by 0.9% ($32) in the last month and decreased by 3.6% ($126) over the past year.

How competitive is the rental market in Monroe County, FL?

The rental market in Monroe County, FL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Monroe County, FL?

In Monroe County, FL, the average rental stays on the market for approximately 31 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Monroe County, FL?

There are currently 21 rental properties available in Monroe County, FL.

Can I afford to rent a home in Monroe County, FL?

Based on the current averages, a household would need an annual income of $146,240 to comfortably afford a 2-bedroom home in Monroe County.