In 2024, households in the Miami-Miami Beach-Kendall HMFA metro needed an hourly wage of 44.69 U.S. dollars to afford the rent of a two-bedroom apartment. West Palm Beach-Boca Raton HMFA had the second most expensive two-bedroom apartments as a household would have to earn at least 42.81 U.S. dollars in order to afford rent payments.On the other hand, Levy County HMFA was the most affordable metro, requiring renters to earn less than 18 U.S. dollars in hourly wages to afford monthly rent.

In 2024, a two-bedroom apartment in Miami-Miami Beach-Kendall HMFA had a fair market rent of about 2,324 U.S. dollars monthly, making it the most expensive metropolitan area in Florida. This also happens to be the metropolitan area with the highest hourly wage required to afford a two bedroom apartment in the Florida. On the other hand, the Levy County HMFA metro was the most affordable, requiring renters to spend at least 905 U.S. dollars respectively in monthly rent for a two bedroom apartment.