Average Rent Prices in Florida (FL)
$1,1371
Studio
$1,2361
1BR
$1,4951
2BR
$1,9761
3BR
$2,3401
4BR
As of 2024, the overall average fair market rent for a residential rental property in Florida is $1,637. Average rent prices in Florida sit above the national average rent of $1,274, in which Florida ranks as the as the 15th highest rent among all 50 states and the 36th lowest rent among all 50 states within the United States. In Florida’s large metropolitan areas such as Miami, FL, the average rent prices tend to be higher, while alternative areas such as Pensacola, FL, can provide more affordable options.
Florida (FL) National Rent Rankings
15th
Highest Rent Among 50 States
36th
Lowest Rent Among 50 States
Above
The National Rent Average
Average Rent Prices in Florida (FL) Visual Chart
Studio
A one-room unit with a private bathroom.
1BR
A unit that has a separate bathroom and a separate bedroom.
2BR
A unit that has two separate and distinct bedrooms.
3BR
A unit that has 3 separate and distinct bedrooms.
4BR
A unit that has 4 separate and distinct bedrooms.
Fair Market Rent
Gross rent estimate for a standard rental unit in a given market.
Average Rent Prices in Florida (FL) by Metro Area
| wdt_ID | Metro | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|---|
| 1 | Baker County, FL HUD Metro FMR Area | 802 | 807 | 1.061 | 1.400 | 1.801 |
| 2 | Cape Coral-Fort Myers, FL MSA | 1.329 | 1.331 | 1.677 | 2.198 | 2.499 |
| 3 | Crestview-Fort Walton Beach-Destin, FL HUD Metro FMR Area | 1.211 | 1.319 | 1.526 | 2.064 | 2.557 |
| 4 | Deltona-Daytona Beach-Ormond Beach, FL HUD Metro FMR Area | 958 | 1.152 | 1.413 | 1.865 | 1.925 |
| 5 | Fort Lauderdale, FL HUD Metro FMR Area | 1.573 | 1.692 | 2.102 | 2.916 | 3.567 |
| 6 | Gainesville, FL HUD Metro FMR Area | 1.053 | 1.162 | 1.397 | 1.832 | 1.861 |
| 7 | Homosassa Springs, FL MSA | 848 | 853 | 1.116 | 1.554 | 1.894 |
| 8 | Jacksonville, FL HUD Metro FMR Area | 1.240 | 1.354 | 1.604 | 2.027 | 2.579 |
| 9 | Lakeland-Winter Haven, FL MSA | 1.006 | 1.012 | 1.250 | 1.679 | 2.121 |
| 10 | Levy County, FL HUD Metro FMR Area | 673 | 715 | 905 | 1.203 | 1.416 |
| 11 | Miami-Miami Beach-Kendall, FL HUD Metro FMR Area | 1.683 | 1.884 | 2.324 | 3.027 | 3.589 |
| 12 | Naples-Immokalee-Marco Island, FL MSA | 1.328 | 1.493 | 1.782 | 2.375 | 2.497 |
| 13 | North Port-Sarasota-Bradenton, FL MSA | 1.230 | 1.502 | 1.815 | 2.416 | 2.875 |
| 14 | Ocala, FL MSA | 949 | 1.043 | 1.266 | 1.619 | 1.768 |
| 15 | Orlando-Kissimmee-Sanford, FL MSA | 1.558 | 1.638 | 1.857 | 2.362 | 2.849 |
| 16 | Palm Bay-Melbourne-Titusville, FL MSA | 1.034 | 1.214 | 1.434 | 1.938 | 2.263 |
| 17 | Palm Coast, FL HUD Metro FMR Area | 1.152 | 1.159 | 1.465 | 1.977 | 2.337 |
| 18 | Panama City, FL MSA | 1.269 | 1.297 | 1.523 | 2.065 | 2.585 |
| 19 | Pensacola-Ferry Pass-Brent, FL MSA | 1.048 | 1.098 | 1.278 | 1.747 | 2.167 |
| 20 | Port St. Lucie, FL MSA | 1.278 | 1.286 | 1.573 | 2.175 | 2.433 |
| 21 | Punta Gorda, FL MSA | 1.089 | 1.121 | 1.380 | 1.945 | 2.306 |
| 22 | Sebastian-Vero Beach, FL MSA | 991 | 1.195 | 1.462 | 1.844 | 2.481 |
| 23 | Sebring, FL MSA | 757 | 850 | 1.117 | 1.391 | 1.831 |
| 24 | Tallahassee, FL HUD Metro FMR Area | 1.062 | 1.183 | 1.339 | 1.708 | 1.903 |
| 25 | Tampa-St. Petersburg-Clearwater, FL MSA | 1.449 | 1.562 | 1.851 | 2.367 | 2.888 |
| 26 | The Villages, FL MSA | 945 | 951 | 1.250 | 1.572 | 1.665 |
| 27 | Wakulla County, FL HUD Metro FMR Area | 940 | 1.046 | 1.176 | 1.494 | 1.685 |
| 28 | Walton County, FL HUD Metro FMR Area | 944 | 1.061 | 1.191 | 1.598 | 1.972 |
| 29 | West Palm Beach-Boca Raton, FL HUD Metro FMR Area | 1.573 | 1.851 | 2.226 | 2.942 | 3.556 |
| Metro | Studio | 1BR | 2BR | 3BR | 4BR |
Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2024.
Florida (FL) Residential Rental Agreements
An Florida (FL) residential lease agreement is a rental property document that includes the terms and conditions between a landlord who rents the property and the tenant in the state of Florida. The contract outlines essential information, such as rent amount, applicable late fees, grace periods, and landlord-tenant responsibilities.
Average Rent Prices in Other US States 2024
Rent prices for each state across the United States can greatly vary. Click on a State below to see the specific fair market residential rent prices for that state:
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1Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout the United States, excluding Puerto Rico.
Methodology
Areas with insufficient inventory or populations less than 25,000 were excluded from this analysis. Averages are based on the combined average of 0-4 bedroom residential rental properties throughout the United States excluding Puerto Rico.
Data
Rent prices are based on aggregated data from one and/or several sources noted below:
Disclaimer
The information included is used for illustrative purposes only. The data contained herein does not constitute financial, legal, or any material advice. Data is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals before making any material decisions.