Shimberg Center for Housing Studies

Florida's Affordable Housing Needs

The Center works in close partnership with Florida Housing Finance Corporation to provide data and analysis to guide the Florida's affordable housing efforts. Since 2001, we have produced the Florida Housing Data Clearinghouse, a compendium of affordable housing supply and demand data, under contract with Florida Housing.

The Shimberg Center also produces a Statewide Rental Market Study every three years on Florida Housing's behalf. The market study quantifies the affordable housing needs of low-income families and seniors, farmworkers, special needs households, and homeless persons in Florida. A summary of statewide housing trends can be found in this presentation.

Key findings

  • Single-family home prices have surpassed mid-2000s boom era levels. Florida's median single-family home price rose 66% from 2013 ($240,500) to 2023 ($400,000), adjusted to 2023 dollars for inflation.
  • Florida added over 700,000 units with gross rents above $1,200 from 2012 to 2022 but lost nearly 292,000 units renting for $1,200 or less.
  • 862,485 low-income renters (<60% AMI) in Florida pay more than 40 percent of income for housing.
  • Florida has only 24 affordable and available rental units for every 100 households with incomes of 0-30 percent of AMI, a deficit of 391,382 units.