St. Lucie County, FL
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Homeless Out of Reach
Homelessness in St. Lucie County
2025 Out of Reach Report
Florida
In Florida, the Fair Market Rent (FMR) for a two-bedroom apartment is $1,833. In order to afford this level of rent and utilities — without paying more than 30% of income on housing — a household must earn $6,109 monthly or $73,308 annually. Assuming a 40-hour work week, 52 weeks per year, this level of income translates into an hourly Housing Wage of:
State Housing Wage
Facts About Florida:
| State Facts | |
|---|---|
| Minimum Wage | $12.00 |
| Average Renter Wage | $22.63 |
| 2-Bedroom Housing Wage | $35.24 |
| Number of Renter Households | 2,767,517 |
| Percent Renters | 33% |
| Most Expensive Areas | Housing Wage |
|---|---|
| Miami-Miami Beach-Kendall HMFA | $44.69 |
| West Palm Beach-Boca Raton HMFA | $42.81 |
| Monroe County | $41.13 |
| Fort Lauderdale HMFA | $40.42 |
| Orlando-Kissimmee-Sanford MSA | $35.71 |
Housing Wage
Hourly wage necessary to afford 2 BR FMR*
$30.25
Housing Costs
2 BR FMR
$1,573
Annual income needed to afford 2 BR FMR
$62,920
Full-time jobs at minimum wage to afford 2BR FMR*
2.5
Income
Annual AMI*
$87,800
Monthly rent affordable at AMI**
$2,195
Monthly rent affordable at 30% of AMI
$26,340
Renters
Renter households (2018-2021)
28,968
% of total households (2018-2021)
23%
Estimated hourly mean renter wage (2024)
$17.55
Monthly rent affordable at mean renter wage
$912
Full-time jobs at mean renter wage needed to afford 2 BR FMR
1.7