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

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentHobe SoundMartin CountyFloridaUnited States
Less than $5003.8% (±5.7 points)2.9%3.6%6.3%
$500 to $99927.8% (±11.4 points)12.3%10.7%20.2%
$1,000 to $1,49939.1% (±13.3 points)30.9%26.0%28.1%
$1,500 to $1,99910.3% (±4.9 points)28.8%28.8%21.1%
$2,000 to $2,49913.1% (±7.6 points)13.6%17.4%12.0%
$2,500 to $2,9994.2% (±3.9 points)5.2%7.2%5.5%
$3,000 or more1.6% (±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

Estimate (90% margin of error)
Hobe SoundMartin CountyFloridaUnited States
Median gross rent$1,129 (±$60)$1,569 (±$58)$1,669 (±$5)$1,413
Rented homes paying rent1,297 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$1,012 (±$73)$1,129 (±$60)+11.6%Down after inflation
Households that rent23.8% (±4.0 points)22.2% (±3.8 points)−1.6 percentage pointsNot a measurable change
Rental vacancy rate0.9% (±1.5 points)12.9% (±7.5 points)+12.0 percentage pointsMeasurable 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

Nearest places with a published estimate, compared with Hobe Sound
PlaceDistanceMedian gross rentCompared with this place
Hobe Sound—$1,129 (±$60)—
Port Salerno5.8 mi$1,440 (±$155)Higher
Tequesta7.7 mi$1,852 (±$228)Higher
Limestone Creek8.9 mi$2,630 (±$582)Higher
Sewall's Point9.3 mi$2,200 (±$1,275)Not measurably different
Jupiter Inlet Colony9.6 mi$3,500 or more—
Stuart11 mi$1,586 (±$99)Higher
Jupiter11 mi$2,381 (±$95)Higher
Jupiter Farms11 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

RankPlaceMedian gross rent
2Sewall's Point$2,200 (±$1,275)
3North River Shores$2,136 (±$599)
4Palm City$2,013 (±$270)
5Stuart$1,586 (±$99)
6Port Salerno$1,440 (±$155)
7Jensen Beach$1,267 (±$259)
8Hobe Sound$1,129 (±$60)
9Indiantown$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

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.

Request a Census API 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 .

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