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Rent vs Buy in Pembroke Pines, FL

Pre-filled with 2026 median data for Pembroke Pines. Adjust any number to match your situation.

Median Home Price

$425,000

Median Rent/Month

$2,100

Property Tax Rate

0.89%/yr

Avg Appreciation

3.7%/yr

Adjust Your Numbers

$425,000
20% ($85,000)
$2,100
7.0%
7 years

Is It Worth Buying a Home in Pembroke Pines, FL?

The decision to rent or buy in Pembroke Pines, Florida depends on how long you plan to stay, your down payment, and current mortgage rates. With a median home price of $425,000 and median monthly rent of $2,100, the math plays out differently depending on your personal situation.

Pembroke Pines has an average property tax rate of 0.89% annually, which adds approximately $315/month to the cost of homeownership on a median-priced home.

Historically, home values in Pembroke Pines have appreciated at roughly 3.7% per year, which works in favor of buyers who plan to stay long-term. Use the calculator above to find your personal break-even point.

Key Factors for Pembroke Pines Buyers

  • Down payment of 20% on a median home = $85,000
  • Monthly mortgage (30yr at 6.99%) ≈ $2,260/mo
  • Property tax ≈ $315/mo
  • Estimated maintenance ≈ $354/mo