Tamarac, Florida Housing Market Prices
Tamarac 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.
-
Median home price 6% below the Florida median$291,915
-
Median rent 13% above the Florida median$1,886
Housing Market Overview
| Metric | Tamarac | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $291,915 | $311,338 | $248,835 |
| Price Trend (Annual %) | 17.8% | 11.2% | 7.5% |
| Median Gross Rent | $1,886 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 5.5% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Tamarac is about 6% lower than in Florida. Rent is about 13% 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 Tamarac, up about 17.8% and 5.5% a year respectively. Home prices are changing faster.
Median rent in Tamarac rose about 60.5% between 2015 and 2024, from $1,175 to $1,886. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 4.8 yearly household incomes in Tamarac.
Buying the median-priced home in Tamarac costs roughly 12.9 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Tamarac. The price-to-rent ratio in Florida is about 15.6.
| Metric | Tamarac | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $291,915 | $311,338 | $248,835 |
| Median Household Income | $61,234 | $74,580 | $80,455 |
| Price-to-Income Ratio | 4.8 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Tamarac rose about 283.0%, while median household income rose about 38.3% 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 | Tamarac | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.8% | 57.7% | 58.5% |
| Rental Rate | 22.2% | 27.7% | 31.2% |
| Vacancy Rate | 8.0% | 14.6% | 10.2% |
| Median Tenure (years) | 11.0 | 13.0 | 15.0 |
| Median Year Moved In | 2015 | 2013 | 2011 |
Tamarac has a homeownership rate of 69.8%, higher than the Florida average of 57.7%. Its housing vacancy rate is 8.0%, compared with 14.6% in Florida.
Housing Stock
| Metric | Tamarac | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.33 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1982 | 1988 | 1978 |
| Median Number of Rooms | 4.5 | 5.2 | 5.5 |
The typical housing unit in Tamarac was built around 1982. On average, 2.3 people live in a home with about 4.5 rooms, staying for about 11.0 years on average.
Tamarac, FL Housing Compared With Nearby Cities
Tamarac, FL is the 3rd largest of the 6 cities compared here, 71,922 residents against a local median of 58,812. The measure that sets Tamarac, FL apart most is homeownership: 75.8%, 25% above the local median of 60.7%. That is the better end of the local range on this measure.
The cities themselves spread 24.4% on homeownership, so Tamarac, FL sits at one end of an already wide local range rather than apart from it. Tamarac, FL has the highest homeownership of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Tamarac, FL | 71,922 | $291,915 #4/6 | $1,886 #3/6 | 75.8% #1/6 |
| North Lauderdale, FL | 43,820 | $322,283 | $2,068 | 60.9% |
| Lauderhill, FL | 73,979 | $154,338 | $1,678 | 54.4% |
| Margate, FL | 58,812 | $430,287 | $1,864 | 74.7% |
| Lauderdale Lakes, FL | 35,781 | $135,206 | $1,666 | 50.3% |
| Coral Springs, FL | 133,960 | $490,242 | $2,068 | 60.7% |
Frequently Asked Questions
Common questions about the housing market in Tamarac, Florida.
What is the median home price in Tamarac, Florida?
The median home price in Tamarac, Florida is $291,915, lower than the Florida average of $311,338.
What is the average home price in Tamarac, Florida?
The typical home price in Tamarac, Florida, reported as the median sale price, is $291,915. 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 Tamarac, Florida?
The median gross rent in Tamarac, Florida is $1,886 per month, higher than the Florida average of $1,668.
What was the median gross rent in Tamarac in 2020?
In 2020, the median gross rent in Tamarac, Florida was $1,439 per month.
What is the price-to-rent ratio in Tamarac, Florida?
The price-to-rent ratio in Tamarac, Florida is about 12.9, meaning it would take roughly 12.9 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Tamarac.
Are home prices or rent rising faster in Tamarac, Florida?
Both home prices and rent are rising in Tamarac, up about 17.8% and 5.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Tamarac, Florida?
69.8% of households in Tamarac, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in Tamarac, Florida?
The housing vacancy rate in Tamarac, Florida is 8.0%, lower than the Florida average of 14.6%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →