Hendry County, Florida Housing Market Prices
Hendry County 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 32% below the Florida median$211,483
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Median rent 40% below the Florida median$1,003
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Hendry County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $211,483 | $311,338 | $248,835 |
| Price Trend (Annual %) | 39.0% | 11.2% | 7.5% |
| Median Gross Rent | $1,003 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 4.8% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hendry County is about 32% lower than in Florida. Rent is about 40% lower 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 Hendry County, up about 39.0% and 4.8% a year respectively. Home prices are changing faster.
Median rent in Hendry County rose about 41.5% between 2015 and 2024, from $709 to $1,003. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 3.7 yearly household incomes in Hendry County.
Buying the median-priced home in Hendry County costs roughly 17.6 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 Hendry County. The price-to-rent ratio in Florida is about 15.6.
| Metric | Hendry County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $211,483 | $311,338 | $248,835 |
| Median Household Income | $57,352 | $74,580 | $80,455 |
| Price-to-Income Ratio | 3.7 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Hendry County rose about 91.5%, while median household income rose about 31.6% 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 | Hendry County | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.4% | 57.7% | 58.5% |
| Rental Rate | 23.1% | 27.7% | 31.2% |
| Vacancy Rate | 12.5% | 14.6% | 10.2% |
| Median Tenure (years) | 13.0 | 13.0 | 15.0 |
| Median Year Moved In | 2013 | 2013 | 2011 |
Hendry County has a homeownership rate of 64.4%, higher than the Florida average of 57.7%. Its housing vacancy rate is 12.5%, compared with 14.6% in Florida.
Housing Stock
| Metric | Hendry County | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.83 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1992 | 1988 | 1978 |
| Median Number of Rooms | 5.1 | 5.2 | 5.5 |
The typical housing unit in Hendry County was built around 1992. On average, 2.8 people live in a home with about 5.1 rooms, staying for about 13.0 years on average.
Hendry County, FL Housing Compared With Nearby Counties
Hendry County, FL is the 5th largest of the 6 counties compared here, 42,373 residents against a local median of 398,267. Hendry County, FL's median rent, at $1,003, runs 46% below the $1,862 typical of the counties around it.
Median home price tells the same story from another angle: $211,483 against a local median of $374,033, 43% below it. The counties themselves spread $1,031 on median rent, so Hendry County, FL sits at one end of an already wide local range rather than apart from it. Hendry County, FL has the 5th highest median rent of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Hendry County, FL | 42,373 | $211,483 #4/6 | $1,003 #5/6 | 73.6% #4/6 |
| Glades County, FL | 12,560 | $185,126 | $885 | 85.1% |
| Collier County, FL | 398,267 | $487,922 | $1,862 | 76.6% |
| Palm Beach County, FL | 1,530,264 | $390,107 | $1,916 | 70.1% |
| Highlands County, FL | 105,700 | $103,434 | $1,034 | 78.6% |
| Broward County, FL | 1,975,984 | $374,033 | $1,906 | 63.6% |
Frequently Asked Questions
Common questions about the housing market in Hendry County, Florida.
What is the median home price in Hendry County, Florida?
The median home price in Hendry County, Florida is $211,483, lower than the Florida average of $311,338.
What is the average home price in Hendry County, Florida?
The typical home price in Hendry County, Florida, reported as the median sale price, is $211,483. 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 Hendry County, Florida?
The median gross rent in Hendry County, Florida is $1,003 per month, lower than the Florida average of $1,668.
What was the median gross rent in Hendry County in 2020?
In 2020, the median gross rent in Hendry County, Florida was $833 per month.
What is the price-to-rent ratio in Hendry County, Florida?
The price-to-rent ratio in Hendry County, Florida is about 17.6, meaning it would take roughly 17.6 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 Hendry County.
Are home prices or rent rising faster in Hendry County, Florida?
Both home prices and rent are rising in Hendry County, up about 39.0% and 4.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Hendry County, Florida?
64.4% of households in Hendry County, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in Hendry County, Florida?
The housing vacancy rate in Hendry County, Florida is 12.5%, lower than the Florida average of 14.6%.
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