Builders Patch | HousingCount Monroe County affordable housing data.

Monroe County

Summary

36.3% share of renter households
46.7% share of low-income households
49.7% share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 113,217
Homeowner households 198,738
Total households 311,955

Low-income renter households
Renter households by income group

Households % share
Extremely low-income (≤30% AMI) 20,755
Very low-income (31-50% AMI) 10,772
Low-income (51-80% AMI) 21,393
All low-income households (<80% AMI) 52,920

Rent-burdened households
Share of income spent on rent

Households % share
Moderately rent-burdened 25,813
30.0–34.9% 9,699
35.0–39.9% 6,630
40.0-49.9% 9,484
Severely rent-burdened 30,449
≥50.0% 30,449
All rent-burdened households 56,262

Affordable housing shortage

Rent vs median household income

Year Median household income Median rent
2010 $26,050 $477
2021 $35,950 $873
Increase (2010–2021) 38.0% 83.0%

Affordable housing stock
| Units |
| Supply (current stock) | 1,756 |
| Demand (total units needed) | 28,930 |
| Shortage | 27,950 |
| Total shortage | 27,950 |
| Supply/demand ratio | 6.1% |