States › Florida › Hobe Sound

Is Hobe Sound, FL expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,07039% lower than U.S. average
💵 Families earn per year (2026)$68,467about $5,706/month · 21% lower than U.S. average
🔑 House price$394,70019% higher than U.S. average

Rent is lower than in 84% of U.S. cities. A typical house costs about 5.8 years of household income. Most homes (77.8%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $42,800 a year. That is $21 an hour at a full-time job.

Is rent cheaper than other Florida cities?

Yes. Rent here is cheaper than in most of Florida. It is number 19 of 479 cities from cheapest to most expensive.

Hobe Sound
$1,070
Lakewood Park
$1,269
Miami Springs
$1,891
Celebration
$2,353
Cheval
$1,760
Southchase
$1,855
Villas
$2,172

How much do households earn in Hobe Sound?

Under $25k
15.3%
$25k–50k
24.8%
$50k–100k
29.8%
$100k–150k
13.3%
$150k+
9.8%

Share of households by yearly income. 23.1% of households earn $100,000 or more.

Rent by apartment size in Hobe Sound

SizeHobe SoundU.S. average
1 bedroom$1,126$1,324
2 bedrooms$1,217$1,509
3 bedrooms$1,217$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Hobe Sound overall?

Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing
122
Goods (food, clothes…)
98
Utilities
90
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Hobe Sound, so the Florida figure is shown.

Taxes and bills in Hobe Sound

🏛️ Property tax$2,723a year · 0.69% of home value · U.S. $3,119
⚡ Electric bill$150a month (typical) · U.S. $156

Life in Hobe Sound

Commute to work28.5 minU.S.: 26.4 min
College degree29.8%U.S.: 35.7%
Own their home77.8%U.S.: 65.2%
Below poverty line15.7%U.S.: 12.5%
Unemployment6.4%U.S.: 5.2%

Is it cheaper to rent or buy in Hobe Sound?

Renting is cheaper right now: about $1,669 a month less.

Renting
$1,070
Owning
$2,739

Owning assumes a typical $394,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $39,470 for the down payment.

Frequently asked questions

What is the average rent in Hobe Sound, FL?

Renting in Hobe Sound costs a median of about $1,070 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Hobe Sound?

To keep rent under 30% of income, you need about $42,800 a year, or $21 an hour at a full-time job.

Is Hobe Sound cheap or expensive?

Hobe Sound is rated Cheap: rent takes 18.8% of the typical household income of $68,467. It ranks 19th cheapest of 479 Florida cities we track.

How much are property taxes in Hobe Sound?

The median homeowner in Hobe Sound pays $2,723 a year in property taxes, about 0.69% of the median home value.

Is Hobe Sound more expensive than the national average?

Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Hobe Sound?

The median home value in Hobe Sound is $394,700, about 5.8 times the typical yearly household income.

13,817 people live in Hobe Sound. Numbers are typical (middle) values.