$1,900 Per Month
- 1 Bed
- 1 Bath
- 4,066 Sq Ft
- Apartment for Rent
8990 NW 5th Ave Unit 8990, El Portal, FL 33150
8990 NW 5th Ave Unit 8990, El Portal, FL 33150
Frequently Asked Questions
How much does it cost to rent a home in El Portal, FL?
The median rent for a home in El Portal, FL is $2,775 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in El Portal, FL?
To comfortably afford the median rent in El Portal, FL, a household needs to earn roughly $111,000 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 $2,775 per month in El Portal, FL, renters typically need to show $8,325 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 El Portal, FL?
In El Portal, FL, the price-to-rent ratio is 30.3, 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 El Portal, FL are best for renting a home?
The best neighborhood for renting in El Portal, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Little River, Upper East Side North, Pinewood Park, Liberty City and Little Haiti, each with its own character and price range.
