The Acreage, Florida Housing Market Prices
The Acreage 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 282% above the Florida median$1,188,136
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Median rent 11% above the Florida median$1,857
Housing Market Overview
| Metric | The Acreage | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,188,136 | $311,338 | $248,835 |
| Price Trend (Annual %) | 32.0% | 11.2% | 7.5% |
| Median Gross Rent | $1,857 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 0.9% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in The Acreage is about 282% higher than in Florida. Rent is about 11% 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 The Acreage, up about 32.0% and 0.9% a year respectively. Home prices are changing faster.
Median rent in The Acreage rose about 12.5% between 2015 and 2024, from $1,651 to $1,857. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 10.9 yearly household incomes in The Acreage.
Buying the median-priced home in The Acreage costs roughly 53.3 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in The Acreage. The price-to-rent ratio in Florida is about 15.6.
| Metric | The Acreage | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,188,136 | $311,338 | $248,835 |
| Median Household Income | $108,823 | $74,580 | $80,455 |
| Price-to-Income Ratio | 10.9 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in The Acreage rose about 485.1%, while median household income rose about 22.4% 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 | The Acreage | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 90.0% | 57.7% | 58.5% |
| Rental Rate | 7.5% | 27.7% | 31.2% |
| Vacancy Rate | 2.4% | 14.6% | 10.2% |
| Median Tenure (years) | 15.0 | 13.0 | 15.0 |
| Median Year Moved In | 2011 | 2013 | 2011 |
The Acreage has a homeownership rate of 90.0%, higher than the Florida average of 57.7%. Its housing vacancy rate is 2.4%, compared with 14.6% in Florida.
Housing Stock
| Metric | The Acreage | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.10 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1996 | 1988 | 1978 |
| Median Number of Rooms | 6.1 | 5.2 | 5.5 |
The typical housing unit in The Acreage was built around 1996. On average, 3.1 people live in a home with about 6.1 rooms, staying for about 15.0 years on average.
The Acreage, FL Housing Compared With Nearby Cities
The Acreage, FL is the smallest of the 4 cities compared here, 32,213 residents against a local median of 61,106. The measure that sets The Acreage, FL apart most is median home price: $1,188,136, 98% above the local median of $601,257.
Median rent tells the same story from another angle: $1,857 against a local median of $2,422, 23% below it. The one measure here that carries a verdict is homeownership, and at 20% above the local median it puts The Acreage, FL at the better end of the local range. The cities themselves sit within $215,777 of each other on median home price, a tighter band than the gap between any of them and The Acreage, FL, which makes it a genuine outlier here rather than one end of a wide local spread. The Acreage, FL has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| The Acreage, FL | 32,213 | $1,188,136 #1/4 | $1,857 #4/4 | 92.3% #1/4 |
| Royal Palm Beach, FL | 36,723 | $601,257 | $2,215 | 82.9% |
| Wellington, FL | 61,106 | $635,013 | $2,476 | 76.7% |
| Palm Beach Gardens, FL | 64,023 | $419,236 | $2,422 | 73.3% |
Frequently Asked Questions
Common questions about the housing market in The Acreage, Florida.
What is the median home price in The Acreage, Florida?
The median home price in The Acreage, Florida is $1,188,136, higher than the Florida average of $311,338.
What is the average home price in The Acreage, Florida?
The typical home price in The Acreage, Florida, reported as the median sale price, is $1,188,136. 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 The Acreage, Florida?
The median gross rent in The Acreage, Florida is $1,857 per month, higher than the Florida average of $1,668.
What was the median gross rent in The Acreage in 2020?
In 2020, the median gross rent in The Acreage, Florida was $1,881 per month.
What is the price-to-rent ratio in The Acreage, Florida?
The price-to-rent ratio in The Acreage, Florida is about 53.3, meaning it would take roughly 53.3 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in The Acreage.
Are home prices or rent rising faster in The Acreage, Florida?
Both home prices and rent are rising in The Acreage, up about 32.0% and 0.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in The Acreage, Florida?
90.0% of households in The Acreage, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in The Acreage, Florida?
The housing vacancy rate in The Acreage, Florida is 2.4%, lower than the Florida average of 14.6%.
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