$1,900 Per Month
- 2 Beds
- 2 Baths
- 883 Sq Ft
- Condo for Rent
4221 Oak Terrace Dr, Greenacres, FL 33463
4221 Oak Terrace Dr, Greenacres, FL 33463
Frequently Asked Questions
How much does it cost to rent a home in Greenacres, FL?
The median rent for a home in Greenacres, FL is $2,200 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 Greenacres, FL?
To comfortably afford the median rent in Greenacres, FL, a household needs to earn roughly $88,000 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 $2,200 per month in Greenacres, FL, renters typically need to show $6,600 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 Greenacres, FL?
In Greenacres, FL, the price-to-rent ratio is 11.4, 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 Greenacres, FL are best for renting a home?
The best neighborhood for renting in Greenacres, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Cresthaven Boulevard, Forest Hill Village, Lake Worth Corridor, Poinciana Place and The Fountains Country Club, each with its own character and price range.
