Florida

Where can you rent in Florida for under $1,000? Zillow ran the numbers

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  • A new Zillow report shows few apartment listings are priced below $1,000 a month in major U.S. metro areas.
  • In major Florida cities like Miami and Orlando, less than 3% of apartment listings are under $1,000 per month.
  • Renting a single room can be a cheaper alternative, with median prices ranging from $732 in Jacksonville to $1,250 in Miami.

Is rent still too damn high? Renters are increasingly scrambling to find the cash to keep a roof over their heads.

As of October, only 13 out of the top 100 largest U.S. metro areas have more than a third of their apartment listings priced below $1,000 a month, according to a new report from real estate marketplace site Zillow. Most of those are in the Midwest and the South.

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We’re in the South. How does Florida rank?

Hint: None of those 13 metro areas are here.

Florida metro area rents

According to Zillow’s findings, the percentage of multifamily rentals under $1,000 in these Florida metro areas are:

  • Jacksonville: 8.4%
  • Deltona: 5.9%
  • Lakeland: 5.9%
  • Palm Bay: 3.8%
  • Tampa: 2.3%
  • Orlando: 2%
  • Cape Coral: 1.7%
  • Hialeah: 1.5%
  • North Port: 1.5%
  • Miami: 1.3%

Note that these are what Zillow lists as larger metro areas. Rent may be cheaper in smaller or more rural areas.

How does Florida rank for apartment rentals?

Forget the $1,000. What about shares of affordable apartments where rent costs less than 30% of the median household income? We’re a little better there, with 88.1% of the apartment rentals in Jacksonville fitting the bill.

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It still doesn’t come in till No. 34 out of the 100 metro areas listed, though, and Miami is at the very bottom with only 30.9% of that areas’s listings in the “affordable” range.

Share of affordable apartments, per Zillow:

  • Jacksonville: 88.1%
  • Palm Bay: 79.4%
  • Orlando: 78.4%
  • Deltona: 71.4%
  • Lakeland: 68.8%
  • Cape Coral: 62.8%
  • North Port: 62.7%
  • Tampa: 62.2%
  • Miami: 30.6%

What is Florida charging for room rents?

Renting a room in an apartment or larger home can be a less-expensive way to go, with a median list rent for less than $1,000 a month in 86 of the largest metro areas Zillow looked at.

Here’s the median rent for a single room in these Florida markets, according to Zillow:

  • Miami: $1,250
  • North Port: $1,050
  • Cape Coral: $1,000
  • Tampa: $900
  • Orlando: $900
  • Palm Bay: $850
  • Lakeland: $850
  • Deltona: $850
  • Jacksonville: $732



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