Rent here is among the highest 10% in the country. Household incomes are higher than in 94% of U.S. cities. A typical house costs about 5.2 years of household income. Most homes (95.8%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $115,040 a year. That is $55 an hour at a full-time job.
Is rent cheaper than other Florida cities?
No. Rent here is more expensive than in most of Florida. It is number 450 of 479 cities from cheapest to most expensive.
How much do households earn in Southwest Ranches?
Share of households by yearly income. 59.2% of households earn $100,000 or more.
How expensive is Southwest Ranches overall?
Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Southwest Ranches, so the Florida figure is shown.
Taxes and bills in Southwest Ranches
Life in Southwest Ranches
Is it cheaper to rent or buy in Southwest Ranches?
Renting is cheaper right now: about $3,414 a month less.
Owning assumes a typical $906,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $90,650 for the down payment.
Frequently asked questions
What is the average rent in Southwest Ranches, FL?
Renting in Southwest Ranches costs a median of about $2,876 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Southwest Ranches?
To keep rent under 30% of income, you need about $115,040 a year, or $55 an hour at a full-time job.
Is Southwest Ranches cheap or expensive?
Southwest Ranches is rated Cheap: rent takes 19.9% of the typical household income of $173,694. It ranks 450th cheapest of 479 Florida cities we track.
How much are property taxes in Southwest Ranches?
The median homeowner in Southwest Ranches pays $8,648 a year in property taxes, about 0.95% of the median home value.
Is Southwest Ranches 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 Southwest Ranches?
The median home value in Southwest Ranches is $906,500, about 5.2 times the typical yearly household income.
7,656 people live in Southwest Ranches. Numbers are typical (middle) values.