Broward County vs Lee County: The Numbers, Side by Side

Deciding between Broward County and Lee County? Skip the anecdotes — here is every measurable difference between the two counties: home values and list prices, property taxes at each side’s verified millage, insurance, rents, growth, investor yield and migration — each figure from the named source that produced it.

The head-to-head table

MetricBroward CountyLee County
Typical home value (Zillow)$424,261$338,437
Median list price$381,950$396,850
1-yr value change-3.6%-6.4%
5-yr value change5.1%3.0%
Median days on market82 days90 days
Active listings14,87010,575
Listings with a price cut16.5%20.8%
Typical millage (property tax)19.84 mills15.97 mills
Avg Citizens insurance$1,561/yr$2,197/yr
Typical rent (ZORI)$2,517/mo$1,874/mo
Modeled monthly cost to own$2,581/mo$2,123/mo
Gross cap rate7.1%6.6%
Net migration (people/yr)-13129+4899
Residential permits (2025)2,69013,547

Bold marks the side a cost-or-yield metric favors. Values from Zillow research series, Realtor.com Economic Research, verified county millage, Citizens Property Insurance filings, Zillow Observed Rent Index, IRS SOI migration and Census permits; all change over time.

What the table actually says

On price, Lee County is the cheaper market — typical values run about $85,824 lower than Broward County.

On carrying costs, Lee County has the lower typical millage and Broward County the lower average Citizens premium; the own-versus-rent gap is narrower in Broward County.

On momentum, Broward County shows the stronger 1-year value change (-3.6% vs -6.4%); five-year growth favors Broward County.

For rental investors, Broward County carries the higher gross cap rate (7.1% vs 6.6%).

On demand, IRS migration data shows Lee County gaining more net residents per year (4,899 vs -13,129).

The costs people forget to compare

Two Florida specifics matter more than the sticker gap. First, property tax RESETS to your purchase price when you buy — compare the two markets at YOUR price with the property tax calculator, not at the sellers’ current bills. Second, insurance varies more by home age, construction and distance-to-coast than by county average — quote the specific home. The buyer closing costs calculator builds both into a real cash-to-close for either market.

Dig deeper on Broward County

Run the numbers in Broward County

Dig deeper on Lee County

Run the numbers in Lee County

Common questions

Is Broward County or Lee County cheaper to buy a home?
Lee County - typical values (Zillow) run about $85,824 lower. List prices and the tax-and-insurance stack are compared line by line in the table.
Which has lower property taxes, Broward County or Lee County?
Lee County has the lower typical combined millage (15.97 vs 19.84 mills). Remember Florida resets assessed value to your purchase price in either market.
Which is better for rental investors?
By gross cap rate, Broward County currently yields more (7.1% vs 6.6%) - before insurance and management differences, which the investor pages cover.

A factual comparison of market data only, from the sources named above as of 2026-06-16; figures change over time and are deemed reliable but not guaranteed. It describes markets, not people, and is not advice about where anyone should live. Equal Housing Opportunity.

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