Greenacres today
What this means
Twelve month change in Greenacres: −0.7%, essentially flat, now 7.6% below the Jun 2024 peak.
Permits January to September 2026: 80 homes, 7900% more than 2025.
Treat these as area figures and confirm rent with comps. Sources and method: how these figures are built.
Quick facts
| Greenacres | vs Palm Beach County | vs Florida | |
|---|---|---|---|
| Population | 44,736 (2025 estimate) | ||
| Growth since 2020 | 1.6% | -4.0 pts | -7.3 pts |
| Median home value | $291,000 | 35% lower | 19% lower |
| Median gross rent | $1,756 | 8% lower | 5% higher |
| Median household income | $70,491 | 16% lower | 5% lower |
| Owner occupied homes | 66.5% | -3.6 pts | -1.1 pts |
| Residents 65 and older | 17.6% | -7.2 pts | -3.7 pts |
| Average commute (minutes) | 30 | 13% higher | 7% higher |
| Homes built 2010 or later | 4.4% | -4.8 pts | -9.8 pts |
| Median property tax paid | $2,159 | 44% lower | 21% lower |
Census survey figures are 2020 to 2024 averages; methods.
Living in Greenacres
Palm Beach County city east of Wellington, platted in 1923 as a working family community.
Greenacres is an incorporated city in Palm Beach County, with its own zoning and rental rules.
Known for: John I. Leonard High School; Greenacres Historical Society museum
Getting around and growth: Rapid growth began in the 1970s.
Compared with Palm Beach County as a whole, homes are cheaper than the county median ($291,000 vs $447,300); households are larger (2.90 vs 2.49 people); the population is younger (17.6% age 65 or older vs 24.8%) and household incomes are lower ($70,491 vs $83,581).
Cities with similar prices and rents: Altamonte Springs ($293,000, $1,740), Deltona ($285,400, $1,711), Lehigh Acres ($292,400, $1,657).
Growth and housing
The Census estimates 44,736 residents in 2025, up from 44,038 in 2020: 1.6% growth.
| 2025 building permits | Greenacres |
|---|---|
| Single family | 4 |
| 5 or more units | 0 |
| Total units | 4 |
| Per 1,000 residents | 0.1 |
The typical home here was built around 1987. The housing mix is 31% detached houses and 32.5% larger buildings. Households average 2.90 people.
Fewer newcomers from out of state than the county average (1.8% vs 2.5%).
Risks to price in
| Risk item | Detail |
|---|---|
| County average homeowners insurance with wind | $6,323 a year |
| Hurricanes tied to Palm Beach County since 2000 | Frances (2004) |
| Coastal county | check flood zone and elevation per address |
Flood, storms and jobs
The city earned Community Rating System class 9; federal flood policies in its high risk zones cost 05% less. Insured homes in the city filed 16 flood claims since 2000, with $49,520 paid. Countywide, 8.2% of homes sit in a FEMA high risk zone; the Palm Beach County guide has the full flood, storm and jobs picture.
Buying a home in Greenacres
| 2026 loan limits (county) | Amount |
|---|---|
| FHA, one unit | $667,000 |
| Conforming, one unit | $832,750 |
| Median home value here | $291,000 |
Price to income: 4.1x, compared with 5.3x for the county.
- Conventional: mortgage insurance drops off as equity builds.
- FHA: the Greenacres median of $291,000 fits under the $667,000 limit.
Investing in Greenacres
Long term rentals
| Greenacres | vs Palm Beach County | |
|---|---|---|
| Renter occupied homes | 33.5% | +3.6 pts |
| Rental vacancy | 4.5% | -2.8 pts |
| Rent as share of renter income | 36.1% | -0.7 pts |
Short term rentals
Seasonal and vacation homes: 7.8% of the stock, against 9.5% countywide.
| Short term rental taxes | Rate |
|---|---|
| County tourist development tax | 6% |
| State sales tax | 6% plus any county surtax |
Rules vary street by street; verify zoning and HOA limits early. State rules
Property types
| Housing stock | Share |
|---|---|
| Single family detached | 31% |
| Buildings with 5+ units | 32.5% |
| Manufactured homes | 4.9% |
Nearby
Other Florida markets
Sources
- U.S. Census Bureau, American Community Survey 2020 to 2024 5 year estimates. 2020 to 2024.
- U.S. Census Bureau, Population Estimates, Vintage 2025. July 1, 2025.
- U.S. Census Bureau, Building Permits Survey, 2025 annual. 2025.
- FFIEC HMDA Data Browser, originated loans. 2025 and 2024.
- LendingTree: 2026 FHA loan limits in Florida by county (HUD figures). 2026.
- Florida Realtors: FHFA sets 2026 conforming loan limits. 2026.
- Florida Office of Economic and Demographic Research: 2026 local option tourist tax rates. 2026.
- Florida Office of Insurance Regulation, July 2026 Insurance Stability Unit report (average homeowners premium with wind, as of March 31, 2026). March 31, 2026.
- Freddie Mac Primary Mortgage Market Survey. week of October 22, 2026.
- Wikipedia: List of counties in Florida. checked October 2026.
- U.S. Census Bureau county adjacency file. 2024.
- Wikipedia county article and statewide lists (colleges, teams, airports); Florida Defense Support Task Force installation map. checked October 2026.
- Wikipedia article for this place (history, setting, roads). checked October 2026.
- Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted. September 2026.
- Federal Housing Finance Agency House Price Index (county annual, metro and state quarterly, all transactions). through Q2 2026.
- U.S. Census Bureau, Building Permits Survey, January to September 2026 and 2025. September 2026.
- FEMA OpenFEMA, NFIP Residential Penetration Rates. as of August 2026.
- FEMA OpenFEMA, FIMA NFIP Redacted Claims (2000 to 2026). as of September 2026.
- FEMA OpenFEMA, NFIP Community Status Book (Community Rating System class). August 2026.
- FEMA OpenFEMA, Disaster Declarations Summaries (2000 to 2026). October 2026.
- U.S. Census Bureau, County Business Patterns 2023. 2023.
- U.S. Census Bureau, ACS 2020 to 2024, median gross rent by bedrooms (B25031). 2020 to 2024.
- Hurricane landfalls: Wikipedia, List of Florida hurricanes (2000 to present). checked October 2026.
Estimates from public data; they change over time. General information, not investment, tax or legal advice, and not a loan offer. Methods and assumptions.