In Parkland, a typical home is worth $983,000 and typical rent is $3,157 a month. Compared with all of Broward County, typical household income is 156% higher, the typical home value is 137% higher, and the share of households that own their home is 22 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $823,459 to $1,066,762.
Typical rent
$5,258a month
▲ 4.9% more than 12 months ago
Typical rent from Zillow, March 2022 to September 2026: from $4,501 to $5,258.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Parkland is in Broward County. The FHA loan limit ($667,000 for a one-unit home), the fair market rents and the help on this page are those of all of Broward County. See the county
What this place has that others do not, from public data, most unusual first.
1
Parkland has the 2nd highest typical household income of the 480 cities in Florida with more than 5,000 people ($198,669).
2
The typical home in Parkland is worth $983,000,137% more than in Broward County as a whole ($414,600).
3
Parkland has the 6th highest typical rent of the 471 cities in Florida with more than 5,000 people ($3,157).
4
Nearby, in Tamarac, the typical home value is $288,600: 71% less than in Parkland ($983,000).
5
85% of households in Parkland own their home, against 64% in Broward County.
6
Nearby, in Margate, the typical rent is $1,750: 45% less than in Parkland ($3,157).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Parkland
What homes there are in Parkland, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Parkland
Broward County
Florida
United States
Kind of home: Parkland and its comparisons
Measure
Parkland
Broward County
Florida
United States
Detached house
84%
40%
55%
61%
Attached house
6%
9%
7%
6%
Building of 2 to 4
Unreliable estimate
7%
6%
8%
Apartments (5 or more)
6%
41%
25%
19%
Mobile home
Unreliable estimate
3%
8%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Parkland, 8 in 10 homes are single-family detached houses; in Broward County, 4.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Parkland
Broward County
Florida
United States
Year built: Parkland and its comparisons
Measure
Parkland
Broward County
Florida
United States
Before 1960
Unreliable estimate
11%
10%
26%
1960–1979
Unreliable estimate
39%
24%
24%
1980–1999
31%
32%
34%
25%
2000–2009
31%
11%
18%
14%
2010 or later
37%
7%
14%
11%
Here half of the homes date from 2006 or later; in Broward County, from 1980 or later.
In Parkland, 89% of homes have 3 bedrooms or more, more than in Broward County (44%).
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500K5%
$500K–$750K17%
$750K–$1M28%
$1M or more48%
Value of owner-occupied homes: Parkland and its comparisons
Measure
Parkland
Under $100K
Unreliable estimate
$100K–$200K
Unreliable
$200K–$300K
Unreliable estimate
$300K–$500K
5%
$500K–$750K
17%
$750K–$1M
28%
$1M or more
48%
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or more57%
Monthly rent with utilities: Parkland and its comparisons
Measure
Parkland
Under $500
Unreliable
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
57%
Owners with a mortgage
78%
Broward County: 59%
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Parkland+61%
Broward County+57%
Florida+67%
United States+53%
Typical rent
Parkland+29%
Broward County+37%
Florida+42%
United States+33%
Typical household income
Parkland+28%
Broward County+30%
Florida+34%
United States+29%
Change since 2015–2019: Parkland and its comparisons
Measure
Parkland
Broward County
Florida
United States
Typical home value
+61%
+57%
+67%
+53%
Typical rent
+29%
+37%
+42%
+33%
Typical household income
+28%
+30%
+34%
+29%
From 2015–2019 to 2020–2024, the typical home value in Parkland rose 61%; in Broward County, it rose 57%.
Rents in Parkland rose more slowly than in Broward County: 29% since 2015–2019, against 37%.
The typical household income in Parkland rose 28% over that time; home values changed +61% and rent +29%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Parkland and its comparisons
Measure
Parkland
Broward County
Florida
United States
Rental vacancy
Unreliable estimate
6.6%
7.6%
5.5%
Homeowner vacancy
Unreliable estimate
1.2%
1.4%
0.9%
More than one person per room
Unreliable estimate
4.9%
3.3%
3.4%
People per household
3.33
2.60
2.51
2.53
Drive alone
54%
70%
70%
69%
Carpool
15%
10%
9%
9%
Public transit
Unreliable estimate
2%
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
30%
15%
16%
15%
Other means
Unreliable estimate
2%
2%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
More people live in each home here: 3.33 on average, against 2.60 in Broward County.
In Parkland, 30% of workers work from home, more than in Broward County (15%).
Do the math
What would you pay each month for a home in Parkland?
A typical home costs more than the typical income allows
We start with a typical home in Parkland, worth $983,000, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 51% of the typical household income in Parkland, which is $198,669 a year. For that payment to be 28% of income, a household would need to earn about $358,996 a year. Note: at that price the loan is above the FHA limit for Broward County ($667,000), so FHA would not insure it; the payment is only a reference.
The calculator's FHA and conventional loan limits are those of all of Broward County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Parkland. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $34,405 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$8,377
at 7.18% · 30 years
Loan amount
$965,195
Total interest
$1,388,690
Paid off in
November 2056
Includes $16,600 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $4,636 a month
Tight
$4,636 to $5,960 a month
Hard
more than $5,960 a month
Your payment · 51%
Compared with the typical household income in Parkland ($198,669 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$6,539
Property tax
$836
Home insurance
$410
FHA mortgage insurance (MIP)
$593
This loan is over the FHA limit
You'd borrow $948,595, but the FHA limit for a one-unit home in Parkland is $667,000. You'd need a bigger down payment or a different loan.
You need at least $34,405 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $8,377; principal and interest $6,539.
The city and its county
Parkland and Broward County
Parkland is in Broward County, Florida. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Parkland
Map of Broward County, Florida, with Parkland marked. Around it, the neighboring counties.
Parkland
Broward County
Other cities with a page
Parkland's own numbers
Typical home value
$983,000
Typical monthly rent
$3,157
Typical yearly household income
$198,669
Households that own their home
85%
Effective property tax rate
1.02%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Broward County
FHA limit, one-unit home
$667,000
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$2,321
Price change over 5 years (FHFA)
+64%
Homes in a high flood-risk zone
19%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Broward County.
A typical home in Parkland is worth $983,000: 137% above the county and 174% above Florida. With the typical household income in Parkland ($198,669 a year), a typical home costs 4.9 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Parkland4.9 years
Broward5.3 years
Florida4.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Broward County
According to FHFA’s house price index, home prices in Broward County rose 126% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Broward County.
Yearly change in FHFA’s price index in Broward County, 2016 to 2025
2016: +8.4% +8.4% 2016
2017: +7.9% +7.9% 2017
2018: +7.6% +7.6% 2018
2019: +4.7% +4.7% 2019
2020: +4.4% +4.4% 2020
2021: +13.8% +13.8% 2021
2022: +22.6% +22.6% 2022
2023: +10.6% +10.6% 2023
2024: +5.9% +5.9% 2024
2025: +0.5% +0.5% 2025
Change in FHFA’s price index in Broward County, Florida and the United States
Period
County
Florida
U.S.
Last year (2025)
+0.5%
−0.5%
+2.9%
5 years (2020–2025)
+64%
+60%
+47%
10 years (2015–2025)
+126%
+127%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Parkland next to Broward County, Florida and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Parkland$983,000
Broward$414,600
Florida$359,000
United States$332,700
Typical monthly rent
Parkland$3,157
Broward$1,907
Florida$1,669
United States$1,413
Typical yearly household income
Parkland$198,669
Broward$77,633
Florida$74,568
United States$80,734
See the full table
Parkland next to Broward County and Florida
Measure
Parkland
Broward County
Florida
U.S.
Typical home value
$983,000 ▲137% above the county
$414,600
$359,000
$332,700
Typical monthly rent
$3,157 ▲66% above the county
$1,907
$1,669
$1,413
Typical yearly household income
$198,669 ▲156% above the county
$77,633
$74,568
$80,734
Households that own their home
85% ▲22 points above the county
64%
68%
65%
Typical yearly property tax
$10,001 ▲157% above the county
$3,890
$2,730
$3,119
Effective property tax rate
1.02% ▲0.08 points above the county
0.94%
0.76%
0.94%
Renters with high rent for their income
66% ▲1 points above the county
65%
60%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Broward County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Parkland
For a typical $983,000 home in Parkland, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Parkland's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$8,377a month
Above the FHA limit for Broward County ($667,000)
Down payment
$34,405
Cash to close
$63,895
Rate
7.18%
Mortgage insurance
FHA MIP · $593
Conventional, 5% down$8,038a month
Above the conventional limit for Broward County ($832,750): it would be a "jumbo" loan
Down payment
$49,150
Cash to close
$78,640
Rate
7.18%
Mortgage insurance
PMI · $467
Conventional, 20% down, no PMI$6,572a month
Least cash to close
Down payment
$196,600
Cash to close
$226,090
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$7,481a month
Down payment
$147,450
Cash to close
$176,940
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Parkland
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Above the FHA limit for Broward County ($667,000)
$8,377
$34,405
$965,195
7.18%
FHA MIP · $593
$63,895
580
Conventional, 5% down Above the conventional limit for Broward County ($832,750): it would be a "jumbo" loan
$8,038
$49,150
$933,850
7.18%
PMI · $467
$78,640
620*
Conventional, 20% down, no PMI Least cash to close
$6,572
$196,600
$786,400
7.18%
None
$226,090
620*
ITIN, 15% down (example)
$7,481
$147,450
$835,550
8.18%
None
$176,940
Set by the lender
The option that asks for the least cash to close is Conventional, 20% down, no PMI.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Parkland is $3,157 a month: 66% above the county. In Parkland, 66% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Broward County, by unit size. To pay the 2-bedroom one ($2,321 a month) without spending more than 30% of your income, you would need to earn $44.63 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Broward County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,759
$33.83
$70,360
1 bedroom
$1,902
$36.58
$76,080
2 bedrooms
$2,321
$44.63
$92,840
3 bedrooms
$3,172
$61.00
$126,880
4 bedrooms
$3,662
$70.42
$146,480
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Parkland
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Parkland has 2 ZIP codes with their own.
For 2 bedrooms it runs from $2,710 in 33067 to $3,480 in 33076.
2 of the 2 are above the fair market rent for Broward County ($2,321).
Fair market rent by ZIP code and size in Parkland, fiscal year 2027.
33067
$2,050
$2,220
$2,710
$3,700
$4,280
33076
$2,640
$2,850
$3,480
$4,760
$5,490
ZIP code2 bd3 bd
33067 $2,710$3,700
33076 $3,480$4,760
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Parkland when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 12 HUD-approved agencies with an office in Broward County; 7 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for Parkland or Broward County. The ones below are statewide in Florida: they work in Parkland the same as in the rest of the state.
Florida Housing second loan with no interest and no monthly payments, repaid when you sell or refinance.Offered by Florida Housing Finance Corporation.
No legal help resource on our list is for Parkland or Broward County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Parkland and all of Broward County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Parkland?
The typical home value in Parkland is $983,000, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Broward County it is $414,600.
How much does it cost to rent in Parkland?
Typical rent in Parkland is $3,157 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Broward County is $2,321.
What is the FHA loan limit in Parkland?
Parkland uses the FHA limit for all of Broward County (2026): $667,000 for a one-unit home and $1,282,700 for a four-unit home.
How much property tax do owners pay in Parkland?
The typical homeowner in Parkland pays $10,001 a year, according to the U.S. Census Bureau. That is 1.02% of the home’s value; in Broward County, the rate is 0.94%.
Where can I find free help to buy or rent in Parkland?
There are 12 HUD-approved counseling agencies with an office in Broward County. 7 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
