Updated 2026 · Based on median market data for Clewiston, FL
The median monthly rent in Clewiston, FL is $1,990, translating to $23,880 in annual gross rental income per unit. The rent-to-price ratio is 0.72% — below the 1% rule but within a range where deals can work with good financing.
Renters in Clewiston spend approximately 47% of the local median household income ($50,639) on rent. This exceeds the standard 30% affordability threshold, suggesting rent growth may face resistance — but it also means a large portion of the population finds buying even more out of reach, supporting rental demand.
The vacancy rate in Clewiston is 5.2%. This is a healthy vacancy rate that indicates balanced supply and demand. You should be able to find quality tenants without extended vacancies, though expect normal turnover periods of 2-4 weeks between tenants. Population growth of 1.9% annually is actively adding rental demand.
Clewiston's GRM (price divided by annual rent) is 11.5x. A GRM under 12x is excellent — it means you're paying less than 12 years of gross rent for the property, suggesting strong income relative to price. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.
At the median rent of $1,990/mo, a single-family rental in Clewiston generates approximately $23,880 in gross annual income. After accounting for 5.2% vacancy ($1,242 lost), property taxes of $2,365, insurance (~$1,100), and maintenance (~$1,100), the estimated NOI is $18,073 per year, or $1,506/mo.
Clewiston vs Florida state average and national average across key investment metrics. Clewiston outperforms both benchmarks on cap rate.