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By Kate Plummer and John Feng
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The cities of Miami, Panama City and Naples have the most expensive homeowners' association (HOA) fees in the United States.
According to research from Realtor.com, Floridians who live in HOAs—wherein a group of residents is elected to a board that creates community rules, maintains common areas, and collects funds to do so—in these three cities have the highest association fees in the country in proportion to the level of mortgage payments.
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Why It Matters
Census data showed that out of the some 86.6 million owned households in the U.S., approximately 21.6 million paid a condo or HOA fee in 2024. Previous data also showed that the proportion of single-family homes built within HOAs has increased from 49 percent in 2009 to 65 percent in 2023.
According to a September 2024 survey by home repair and maintenance services company Frontdoor, 70 percent of people would prefer to purchase a home in a community without an HOA.
What To Know
Realtor.com analyzed 300 metros and retained the ones with large proportions of HOAs—i.e. those that have a higher share than the national average (43.6 percent). It then identified—and ranked—cities based on HOA fees that residents in these areas spend in proportion to monthly mortgage payments on HOA fees.
The top 10 metros with the priciest HOAs relative to home prices, according to Realtor.com, are as follows:
Miami–Fort Lauderdale–West Palm Beach, FL:
In the Miami–Fort Lauderdale–West Palm Beach area, monthly HOA fees accounted for 26.9 percent of typical mortgage payments. The median monthly HOA fee was $617, while the median listing price for homes with an HOA stood at $425,000.
Panama City–Panama City Beach, FL:
In the Panama City–Panama City Beach area, HOA costs made up 22.7 percent of mortgage payments. The median HOA fee was $532, and homes with an HOA had a median listing price of $435,000.
Naples–Marco Island, FL:
In the Naples–Marco Island area, HOA fees represented 20.3 percent of monthly mortgage payments. The median HOA fee came in at $711, alongside a median listing price of $648,000 for HOA properties.
Cape Coral–Fort Myers, FL:
In the Cape Coral–Fort Myers area, the share of monthly HOA costs represented 19.6 percent of mortgage payments. The median HOA fee was $475, and the median listing price for homes with an HOA was $450,000.
Port St. Lucie, FL:
In Port St. Lucie, HOA fees accounted for 18.9 percent of typical mortgage payments. The median monthly HOA fee was $449, and the median listing price for homes with an HOA was $439,900.
Hilo–Kailua, HI:
In the Hilo–Kailua area, monthly HOA costs made up 16.8 percent of mortgage payments. The median HOA fee was $679, while the median listing price for HOA homes reached $748,000.
North Port–Bradenton–Sarasota, FL:
In the North Port–Bradenton–Sarasota area, HOA fees represented 14.6 percent of monthly mortgage payments. The median HOA fee was $379, and homes with an HOA carried a median listing price of $479,900.
Myrtle Beach–Conway–North Myrtle Beach, SC:
In the Myrtle Beach–Conway–North Myrtle Beach area, the share of monthly HOA costs represented 14.6 percent of mortgage payments. The median HOA fee was $255, and the median listing price for homes with an HOA was $323,990.
Sebastian–Vero Beach–West Vero Corridor, FL:
In the Sebastian–Vero Beach–West Vero Corridor area, HOA costs accounted for 13.0 percent of mortgage payments. The median HOA fee was $329, and the median listing price for homes with an HOA was $470,000.
Minneapolis–St. Paul–Bloomington, MN–WI:
In the Minneapolis–St. Paul–Bloomington area, HOA fees made up 12.9 percent of typical mortgage payments. The median HOA fee was $278, and the median listing price for homes with an HOA was $399,900.
Seven of the 10 cities are in Florida, where residents have struggled with the rising costs of HOAs in recent years.
Other states with cities that made the top 10 were South Carolina, Minnesota and Hawaii.
Newsweek has provided a map below with the top 10 metros with the most expensive HOAs relative to home prices,
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https://public.flourish.studio/visualisation/27408418/
In Florida, between 2019 and 2023, the median monthly condo association fee surged by nearly 60 percent in Miami-Dade County, from $567 in 2019 to $900, according to Florida Realty Marketplace. In Broward County, fees climbed more than 56 percent during the same period.
Florida state Representative Juan Porras, a Republican, introduced a bill in 2025 that would allow homeowners to dissolve their association by majority vote, among other changes. In January 2026, it passed the Housing, Agriculture and Tourism Subcommittee, paving the way for future votes.
According to the United States Census Bureau, in 2024, people in New York, the District of Columbia and Hawaii paid the highest monthly median HOA fees.
New Yorkers paid the most ($739) in median monthly HOA fees in 2024. The District of Columbia came next, at $505 per month. In Hawaii, the median monthly fee was $470.
What People Are Saying
Porras wrote on X: "Floridians have been asking for real HOA reform, and we’re delivering. HB 657 creates a transparent, fair, and efficient Community Association Court system that protects homeowners and allows for the people to decide if they want to continue living in an HOA. Proud to lead on this effort."
What Happens Next
Prices associated with HOAs are likely to change in line with inflation and other housing market changes.
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