Deerfield Beach, Florida Housing Market Prices
Deerfield Beach Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 3% above the Florida median$319,213
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Median rent 6% above the Florida median$1,762
Housing Market Overview
| Metric | Deerfield Beach | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $319,213 | $311,338 | $248,835 |
| Price Trend (Annual %) | 11.5% | 11.2% | 7.5% |
| Median Gross Rent | $1,762 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 5.2% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Deerfield Beach is about 3% higher than in Florida. Rent is about 6% higher than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Deerfield Beach, up about 11.5% and 5.2% a year respectively. Home prices are changing faster.
Median rent in Deerfield Beach rose about 53.9% between 2015 and 2024, from $1,145 to $1,762. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 5.5 yearly household incomes in Deerfield Beach.
Buying the median-priced home in Deerfield Beach costs roughly 15.1 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Deerfield Beach. The price-to-rent ratio in Florida is about 15.6.
| Metric | Deerfield Beach | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $319,213 | $311,338 | $248,835 |
| Median Household Income | $58,347 | $74,580 | $80,455 |
| Price-to-Income Ratio | 5.5 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Deerfield Beach rose about 142.7%, while median household income rose about 34.7% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Deerfield Beach | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 49.9% | 57.7% | 58.5% |
| Rental Rate | 28.3% | 27.7% | 31.2% |
| Vacancy Rate | 21.7% | 14.6% | 10.2% |
| Median Tenure (years) | 12.0 | 13.0 | 15.0 |
| Median Year Moved In | 2014 | 2013 | 2011 |
Deerfield Beach has a homeownership rate of 49.9%, lower than the Florida average of 57.7%. Its housing vacancy rate is 21.7%, compared with 14.6% in Florida.
Housing Stock
| Metric | Deerfield Beach | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.38 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1979 | 1988 | 1978 |
| Median Number of Rooms | 4.2 | 5.2 | 5.5 |
The typical housing unit in Deerfield Beach was built around 1979. On average, 2.4 people live in a home with about 4.2 rooms, staying for about 12.0 years on average.
Deerfield Beach, FL Housing Compared With Nearby Cities
How Deerfield Beach, FL compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Deerfield Beach, FL | 82,666 | $319,213 #1/3 | $1,762 #2/3 | 63.8% #2/3 |
| Coconut Creek, FL | 57,412 | $261,114 | $2,040 | 65.5% |
| Pompano Beach, FL | 108,674 | $276,182 | $1,698 | 55.5% |
Frequently Asked Questions
Common questions about the housing market in Deerfield Beach, Florida.
What is the median home price in Deerfield Beach, Florida?
The median home price in Deerfield Beach, Florida is $319,213, higher than the Florida average of $311,338.
What is the average home price in Deerfield Beach, Florida?
The typical home price in Deerfield Beach, Florida, reported as the median sale price, is $319,213. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Deerfield Beach, Florida?
The median gross rent in Deerfield Beach, Florida is $1,762 per month, higher than the Florida average of $1,668.
What was the median gross rent in Deerfield Beach in 2020?
In 2020, the median gross rent in Deerfield Beach, Florida was $1,397 per month.
What is the price-to-rent ratio in Deerfield Beach, Florida?
The price-to-rent ratio in Deerfield Beach, Florida is about 15.1, meaning it would take roughly 15.1 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Deerfield Beach.
Are home prices or rent rising faster in Deerfield Beach, Florida?
Both home prices and rent are rising in Deerfield Beach, up about 11.5% and 5.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Deerfield Beach, Florida?
49.9% of households in Deerfield Beach, Florida own their home, lower than the Florida average of 57.7%.
What is the vacancy rate in Deerfield Beach, Florida?
The housing vacancy rate in Deerfield Beach, Florida is 21.7%, higher than the Florida average of 14.6%.
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