Home Buying in Pembroke Pines
Pembroke Pines is a family-friendly suburb with excellent schools, well-maintained neighborhoods, and easy access to both Miami and Fort Lauderdale.
Frequently Asked Questions
Common questions about buying a home in Pembroke Pines
What is the current mortgage rate in Pembroke Pines?
The average 30-year fixed mortgage rate in Pembroke Pines, FL is currently 6.23% as of April 24, 2026. This is sourced from Freddie Mac's weekly survey via FRED.
How much is a down payment on a home in Pembroke Pines?
With Pembroke Pines's median home price of $470,000, a 20% down payment would be $94,000. First-time buyers may qualify for FHA loans with as little as 3.5% down ($16,450).
What are property taxes like in Pembroke Pines?
Pembroke Pines is in Broward County. The average effective property tax rate is 0.9%, working out to approximately $4,230 per year on a median-priced home. Florida's Homestead Exemption can reduce your taxable value by up to $50,000 if this is your primary residence.
Is it better to rent or buy in Pembroke Pines?
With a monthly mortgage payment of ~$2,310 (20% down) vs. median rent of $2,150, buying costs more per month but builds equity. The break-even point depends on how long you plan to stay and your down payment amount.