$3,500 Per Month
- 3 Beds
- 2.5 Baths
- 1,434 Sq Ft
- Townhouse for Rent
4501 Mimosa Terrace Unit 1406, Coconut Creek, FL 33073
4501 Mimosa Terrace Unit 1406, Coconut Creek, FL 33073
Frequently Asked Questions
How much does it cost to rent a home in Coconut Creek, FL?
The median rent for a home in Coconut Creek, FL is $2,300 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Coconut Creek, FL?
To comfortably afford the median rent in Coconut Creek, FL, a household needs to earn roughly $92,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,300 per month in Coconut Creek, FL, renters typically need to show $6,900 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Coconut Creek, FL?
In Coconut Creek, FL, the price-to-rent ratio is 9.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Coconut Creek, FL are best for renting a home?
The best neighborhood for renting in Coconut Creek, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Coral Gate, Palm Beach Farms, Coral Lake, Buttonwood Hammocks and Winston Park, each with its own character and price range.
