What is the median rent in Hobe Sound, FL?
The median gross rent in Hobe Sound, FL is $1,129 (±$60) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,297 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Hobe Sound, the median gross rent went from $1,012 in 2015–2019 to $1,129 in 2020–2024 (+11.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- Median gross rent
- $1,129 (±$60)
- Rented homes
- 1,297 (±240)
- $2,000 or more
- 18.9%
- Since 2015–2019
- +11.6%
How much rent costs in Hobe Sound
| Monthly gross rent | Hobe Sound | Martin County | Florida | United States |
|---|---|---|---|---|
| Less than $500 | 3.8% (±5.7 points) | 2.9% | 3.6% | 6.3% |
| $500 to $999 | 27.8% (±11.4 points) | 12.3% | 10.7% | 20.2% |
| $1,000 to $1,499 | 39.1% (±13.3 points) | 30.9% | 26.0% | 28.1% |
| $1,500 to $1,999 | 10.3% (±4.9 points) | 28.8% | 28.8% | 21.1% |
| $2,000 to $2,499 | 13.1% (±7.6 points) | 13.6% | 17.4% | 12.0% |
| $2,500 to $2,999 | 4.2% (±3.9 points) | 5.2% | 7.2% | 5.5% |
| $3,000 or more | 1.6% (±1.8 points) | 6.5% | 6.3% | 6.8% |
The most common range is $1,000 to $1,499, paid by 39.1% of renting households.
18.9% of rented homes in Hobe Sound cost $2,000 or more a month.
Hobe Sound against Martin County, its state and the nation
| Hobe Sound | Martin County | Florida | United States | |
|---|---|---|---|---|
| Median gross rent | $1,129 (±$60) | $1,569 (±$58) | $1,669 (±$5) | $1,413 |
| Rented homes paying rent | 1,297 (±240) | 12,942 (±859) | 2,716,443 (±16,958) | 42,849,984 |
In Hobe Sound, median gross rent is lower than in Martin County ($1,569).
It is also lower than in Florida ($1,669).
It is lower than the national figure ($1,413).
In Martin County, Hobe Sound ranks 8 of 9 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 629 of 793.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Hobe Sound has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,012 (±$73) | $1,129 (±$60) | +11.6% | Down after inflation |
| Households that rent | 23.8% (±4.0 points) | 22.2% (±3.8 points) | −1.6 percentage points | Not a measurable change |
| Rental vacancy rate | 0.9% (±1.5 points) | 12.9% (±7.5 points) | +12.0 percentage points | Measurable increase |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Hobe Sound
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Hobe Sound | — | $1,129 (±$60) | — |
| Port Salerno | 5.8 mi | $1,440 (±$155) | Higher |
| Tequesta | 7.7 mi | $1,852 (±$228) | Higher |
| Limestone Creek | 8.9 mi | $2,630 (±$582) | Higher |
| Sewall's Point | 9.3 mi | $2,200 (±$1,275) | Not measurably different |
| Jupiter Inlet Colony | 9.6 mi | $3,500 or more | — |
| Stuart | 11 mi | $1,586 (±$99) | Higher |
| Jupiter | 11 mi | $2,381 (±$95) | Higher |
| Jupiter Farms | 11 mi | $3,092 (±$2,997) | Not measurably different |
Nearby places with a measurably higher figure: Port Salerno, FL ($1,440), Tequesta, FL ($1,852), Limestone Creek, FL ($2,630).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Martin County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 2 | Sewall's Point | $2,200 (±$1,275) |
| 3 | North River Shores | $2,136 (±$599) |
| 4 | Palm City | $2,013 (±$270) |
| 5 | Stuart | $1,586 (±$99) |
| 6 | Port Salerno | $1,440 (±$155) |
| 7 | Jensen Beach | $1,267 (±$259) |
| 8 | Hobe Sound | $1,129 (±$60) |
| 9 | Indiantown | $923 (±$91) |
Showing 8 of 9 places in Martin County, ranked from highest to lowest.
Hobe Sound is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Hobe Sound
What is the average rent in Hobe Sound, FL?
The Census Bureau publishes the median rather than the average: the median gross rent in Hobe Sound is $1,129 (±$60) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Hobe Sound?
In Hobe Sound, the median gross rent went from $1,012 in 2015–2019 to $1,129 in 2020–2024 (+11.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
How many rentals in Hobe Sound cost more than $2,000 a month?
18.9% of rented homes in Hobe Sound have a gross rent of $2,000 or more a month, and 3.8% cost less than $500.
Is rent in Hobe Sound higher than in Martin County?
In Hobe Sound, median gross rent is lower than in Martin County ($1,569).
It is also lower than in Florida ($1,669).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hobe Sound CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hobe Sound CDP, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hobe Sound CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Hobe Sound CDP, Florida (place:30975, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Renters and owners in Hobe Sound
- Income and affordability in Hobe Sound
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- Homeowner costs in Hobe Sound
- Property taxes in Hobe Sound
- Types of homes in Hobe Sound
- Bedrooms in Hobe Sound
- Age of homes in Hobe Sound
- Vacancy rate in Hobe Sound
- Heating fuel in Hobe Sound
- Commute and cars in Hobe Sound
- Population growth in Hobe Sound
- How long people stay in Hobe Sound
- Crowding and facilities in Hobe Sound
- Florida landlord and tenant rules
- Housing across Martin County
- Florida places ranked by median rent
- Housing data for every place in Florida