Sonoma, Broward County, FL

Median Home Price Price

$500,029 $500K

Median Monthly Rent Rent

$2,250 $2.2K

19.0x

Market Snapshot

Sonoma, Broward County, FL is a neighborhood market with a median home price of $500,029, a median monthly rent of $2,250, a GRM of 19.0x, and a price-to-rent ratio of 18.5.

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Home prices

Monthly rent

GRM = home price / annual rent

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

Sonoma

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Benchmark comparison

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Delta
Median rent
$2,250
N/A
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Median price
$500,029
N/A
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YoY change
-$5
N/A
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Price-to-rent
18.5x
Data unavailable
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Key takeaways

  • Sonoma, Broward County, FL has a higher-grm screening profile: At 19.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent is down about $5 year over year, so use alternatives to test whether the trend is market-specific.