Florida

In Florida, the Fair Market Rent (FMR) for a two-bedroom apartment is $941. In order to afford this level of rent and utilities, without paying more than 30% of income on housing, a household must earn $3,138 monthly or $37,653 annually. Assuming a 40-hour work week, 52 weeks per year, this level of income translates into a Housing Wage of $18.10.

In Florida, a minimum wage worker earns an hourly wage of $6.79. In order to afford the FMR for a two-bedroom apartment, a minimum wage earner must work 107 hours per week, 52 weeks per year. Or, a household must include 2.7 minimum wage earner(s) working 40 hours per week year-round in order to make the two bedroom FMR affordable.

In Florida, the estimated mean (average) wage for a renter is $13.14 an hour. In order to afford the FMR for a two-bedroom apartment at this wage, a renter must work 55 hours per week, 52 weeks per year. Or, working 40 hours per week year-round, a household must include 1.4 worker(s) earning the mean renter wage in order to make the two-bedroom FMR affordable.

Monthly Supplemental Security Income (SSI) payments for an individual are $637 in Florida. If SSI represents an individual's sole source of income, $191 in monthly rent is affordable, while the FMR for a one-bedroom is $792

A unit is considered affordable if it costs no more than 30% of the renter's income.


For an explanation of these data, see How to use the Numbers / Where the Numbers Come From.

If necessary, use the scroll bar at the bottom of the table to view additional jurisdictions.

 FloridaHillsborough County
Number of Households (2000)
Total6,337,929391,357
Renter1,896,218140,334
% Renter30%36%
2008 Area Median Income1
Annual$57,549$56,500
Monthly$4,796$4,708
30% of AMI2$17,265$16,950
Maximum Affordable3 Monthly Housing Cost by % of Family AMI
30%$432$424
50%$719$706
80%$1,151$1,130
100%$1,439$1,413
2008 Fair Market Rent (FMR)4
Zero-Bedroom$708$658
One-Bedroom$792$730
Two-Bedroom$941$883
Three-Bedroom$1,237$1,119
Four-Bedroom$1,427$1,351
% Change from 2000 Base Rent to 2008 FMR
Zero-Bedroom39%39%
One-Bedroom39%39%
Two-Bedroom39%38%
Three-Bedroom40%39%
Four-Bedroom39%39%
Annual Income Needed to Afford FMR
Zero-Bedroom$28,304$26,320
One-Bedroom$31,699$29,200
Two-Bedroom$37,653$35,320
Three-Bedroom$49,482$44,760
Four-Bedroom$57,064$54,040
Percent of Family AMI Needed to Afford FMR
Zero-Bedroom49%47%
One-Bedroom55%52%
Two-Bedroom65%63%
Three-Bedroom86%79%
Four-Bedroom99%96%
2008 Renter Household Income
Estimated Median5$33,591$34,837
Percent Needed to Afford 2 BR FMR112%101%
Rent Affordable at Median$840$871
% Renters Unable to Afford 2 BR FMR654%50%
2008 Renter Wage
Estimated Mean Renter Wage7$13.14$13.91
Rent Affordable at Mean Wage$683$723
2008 Minimum Wage
Minimum Wage$6.79$6.79
Rent Affordable at Minimum Wage$353$353
2008 Supplemental Security Income
Monthly SSI Payment$637$637
Rent Affordable at SSI$191$191
Housing Wage
Zero-Bedroom$13.61$12.65
One-Bedroom$15.24$14.04
Two-Bedroom$18.10$16.98
Three-Bedroom$23.79$21.52
Four-Bedroom$27.43$25.98
Housing Wage as % of Minimum Wage
Zero-Bedroom200%186%
One-Bedroom224%207%
Two-Bedroom267%250%
Three-Bedroom350%317%
Four-Bedroom404%383%
Housing Wage as % of Mean Renter Wage
Zero-Bedroom104%91%
One-Bedroom116%101%
Two-Bedroom138%122%
Three-Bedroom181%155%
Four-Bedroom209%187%
Work Hours/Week at Minimum Wage Needed to Afford FMR
Zero-Bedroom8075
One-Bedroom9083
Two-Bedroom107100
Three-Bedroom140127
Four-Bedroom162153
Work Hours/Week at Mean Renter Wage Needed to Afford FMR
Zero-Bedroom4136
One-Bedroom4640
Two-Bedroom5549
Three-Bedroom7262
Four-Bedroom8375
Full-time Jobs at Minimum Wage Needed to Afford FMR
Zero-Bedroom2.01.9
One-Bedroom2.22.1
Two-Bedroom2.72.5
Three-Bedroom3.53.2
Four-Bedroom4.03.8
Full-time Jobs at Mean Renter Wage Needed to Afford FMR
Zero-Bedroom1.00.9
One-Bedroom1.21.0
Two-Bedroom1.41.2
Three-Bedroom1.81.5
Four-Bedroom2.11.9
 FloridaHillsborough County
 FloridaHillsborough County
Number of Households (2000)
Total6,337,929391,357
Renter1,896,218140,334
% Renter30%36%
2008 Area Median Income1
Annual$57,549$56,500
Monthly$4,796$4,708
30% of AMI2$17,265$16,950
Maximum Affordable3 Monthly Housing Cost by % of Family AMI
30%$432$424
50%$719$706
80%$1,151$1,130
100%$1,439$1,413
2008 Fair Market Rent (FMR)4
Zero-Bedroom$708$658
One-Bedroom$792$730
Two-Bedroom$941$883
Three-Bedroom$1,237$1,119
Four-Bedroom$1,427$1,351
% Change from 2000 Base Rent to 2008 FMR
Zero-Bedroom39%39%
One-Bedroom39%39%
Two-Bedroom39%38%
Three-Bedroom40%39%
Four-Bedroom39%39%
Annual Income Needed to Afford FMR
Zero-Bedroom$28,304$26,320
One-Bedroom$31,699$29,200
Two-Bedroom$37,653$35,320
Three-Bedroom$49,482$44,760
Four-Bedroom$57,064$54,040
Percent of Family AMI Needed to Afford FMR
Zero-Bedroom49%47%
One-Bedroom55%52%
Two-Bedroom65%63%
Three-Bedroom86%79%
Four-Bedroom99%96%
2008 Renter Household Income
Estimated Median5$33,591$34,837
Percent Needed to Afford 2 BR FMR112%101%
Rent Affordable at Median$840$871
% Renters Unable to Afford 2 BR FMR654%50%
2008 Renter Wage
Estimated Mean Renter Wage7$13.14$13.91
Rent Affordable at Mean Wage$683$723
2008 Minimum Wage
Minimum Wage$6.79$6.79
Rent Affordable at Minimum Wage$353$353
2008 Supplemental Security Income
Monthly SSI Payment$637$637
Rent Affordable at SSI$191$191
Housing Wage
Zero-Bedroom$13.61$12.65
One-Bedroom$15.24$14.04
Two-Bedroom$18.10$16.98
Three-Bedroom$23.79$21.52
Four-Bedroom$27.43$25.98
Housing Wage as % of Minimum Wage
Zero-Bedroom200%186%
One-Bedroom224%207%
Two-Bedroom267%250%
Three-Bedroom350%317%
Four-Bedroom404%383%
Housing Wage as % of Mean Renter Wage
Zero-Bedroom104%91%
One-Bedroom116%101%
Two-Bedroom138%122%
Three-Bedroom181%155%
Four-Bedroom209%187%
Work Hours/Week at Minimum Wage Needed to Afford FMR
Zero-Bedroom8075
One-Bedroom9083
Two-Bedroom107100
Three-Bedroom140127
Four-Bedroom162153
Work Hours/Week at Mean Renter Wage Needed to Afford FMR
Zero-Bedroom4136
One-Bedroom4640
Two-Bedroom5549
Three-Bedroom7262
Four-Bedroom8375
Full-time Jobs at Minimum Wage Needed to Afford FMR
Zero-Bedroom2.01.9
One-Bedroom2.22.1
Two-Bedroom2.72.5
Three-Bedroom3.53.2
Four-Bedroom4.03.8
Full-time Jobs at Mean Renter Wage Needed to Afford FMR
Zero-Bedroom1.00.9
One-Bedroom1.21.0
Two-Bedroom1.41.2
Three-Bedroom1.81.5
Four-Bedroom2.11.9
 FloridaHillsborough County

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C H A R T   F O O T N O T E S
1.Fiscal Year 2008 Area Median Income (HUD, 2008).
2.Annual income of 30% of AMI or less is the federal standard for Extremely Low Income households. Does not include HUD-specific adjustments.
3. "Affordable" rents represent the generally accepted standard of spending not more than 30% of gross income on gross housing costs.
4.Fiscal Year 2008 Fair Market Rent (HUD, 2007; final as of October 1).
5.Census 2000 median renter household income, projected to 2008 using HUD's income adjustment factor.
6. Estimated by comparing the percent of renter median household income required to afford the two-bedroom FMR to the percent distribution of renter household income as a percent of the median within the state, as measured using 2006 American Community Survey Public Use Microdata Sample. States are the most local level for which these data are available.
7.Based on 2006 BLS data, adjusted using the ratio of renter to total household income reported in Census 2000, and projected to April 1, 2008.
* 50th percentile FMR (See Appendix A).
†Wage data not available (See Appendix A).
 For a listing of towns within FMR areas in New England States, see Appendix C.

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