Florida (FL) Average Rent Prices 2024

Average Rent Prices in Florida (FL)

$1,1371

Studio

$1,2361

1BR

$1,4951

2BR

$1,9761

3BR

$2,3401

4BR

Florida (FL) Rent Prices

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:

The Ultimate Guide to Rent Payments

Rental Property Rent Payments

Rent payments are the financial lifeblood for rental properties, but require fair and competitive pricing and effective collections.

The Ultimate Guide to Security Deposits

Rental Property Security Deposits

Security deposits play a key role in risk mitigation against potential tenant-related damages or contractual breaches.

The Ultimate Guide to Rental Utilities

Rental Property Utilities

Rental property utilities whether they are included or not, represent a significant consideration for both landlords and tenants.

Average Rent in the United States

Average Rent in the United States

Average rent prices across the United States provide excellent insights into highs, lows, and emerging market trends.

Cheapest Rent in the United States

The cheapest rent in the U.S. is an appealing topic for thrifty tenants and investors seeking lower price point properties.

Most Expensive Rent in the United States

It’s no secret that rents have been continually on the rise, but where are rents really the highest in the United States?

Rental Property Calculators

Our rental property calculators help you easily calculate common metrics such as rent increases, late fees, and more. Click on a calculator or button below to start using them for free – no sign up required.

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.

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