$4,100 Per Month
- 4 Beds
- 2 Baths
- 1,913 Sq Ft
- House for Rent
16293 Melogold Dr, Loxahatchee, FL 33470
16293 Melogold Dr, Loxahatchee, FL 33470
Frequently Asked Questions
How much does it cost to rent a home in Loxahatchee Groves, FL?
The median rent for a home in Loxahatchee Groves, FL is $25,000 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Loxahatchee Groves, FL?
To comfortably afford the median rent in Loxahatchee Groves, FL, a household needs to earn roughly $1,000,000 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 $25,000 per month in Loxahatchee Groves, FL, renters typically need to show $75,000 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 Loxahatchee Groves, FL?
In Loxahatchee Groves, FL, the price-to-rent ratio is 2.2, 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 Loxahatchee Groves, FL are best for renting a home?
The best neighborhood for renting in Loxahatchee Groves, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Paddock Park, Crestwood, The Landings at Wellington, Sugar Pond Manor and Village Walk, each with its own character and price range.
