City Report · FL

Alva

Pop. 3,389·116th most expensive in Florida·Rental market data updated monthly for Alva, FL

Median rent (all units)

$2,263/mo

Year-over-Year

Stable

Month-over-Month

+1.2%

vs US Median

+$331

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

Alva · $2,263

More expensive than 72% of US cities · National median $1,932/mo

Affordability

32% of income

MODERATE

0%30% benchmark60%+

At $2,263/mo, rent takes about 32% of the local median household income, slightly above the 30% benchmark.

Income to afford

$91,000/yr

Local median income

$85,919/yr

Based on the 30%-of-income rule using Alva's median rent and household income. See the full affordability breakdown →

Medians by bedroom

Rent by unit size

2 BR

$2,129

Fair Market Rent (HUD)

$2,129/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,263 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: September 25, 2026

Annual cost

$27,156/yr

At $2,263/mo median

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+0.0% YoY, +1.2% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Alva, FL is majority owner-occupied, has a large retiree population, 26.5% of residents hold a bachelor's degree or higher.

Population

3,389

Median income

$85,919

Median age

Renters

6.3%

Age distribution

22.3%

20.6%

18.6%

29.3%

Under 1822.3%

18–349.3%

35–5420.6%

55–6418.6%

65+29.3%

Gender

56.4%

43.6%

Male56.4%

Female43.6%

Race & ethnicity

84%

14%

White84%

Hispanic14%

Asian4.9%

Education (25+)

32%

32.6%

26.5%

No HS diploma8.9%

HS diploma32%

Some college32.6%

Bachelor's+26.5%

Housing tenure

93.7%

Owner93.7%

Renter6.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Alva, FL has changed in 5 years

Income

$81,648 → $85,919

up 5.2%

Population

2,931 → 3,389

up 15.6%

Renter share

7.1% → 6.3%

-0.8 pts

Bachelor's+

27.6% → 26.5%

-1.1 pts

Median age

51.6 → 53

+1.4 yrs

Census figures show median household income at $85,919 today, compared with $81,648 five years earlier. Headcount in the area went from 2,931 to 3,389 between 2021 and 2024, a 15.6% change.

Community

Discussions about Alva

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View Alva rent history (2015–2026) →

Salary vs rent

Can you afford rent in Alva on your salary?

At $2,263/mo, how Alva rent compares to typical pay (30% rule).

Registered Nurse

Avg $87,866/yr · Rent = 30.9% income

stretched

Elementary School Teacher

Avg $62,384/yr · Rent = 43.5% income

rent-burdened

Police Officer

Avg $71,861/yr · Rent = 37.8% income

stretched

Software Developer

Avg $128,442/yr · Rent = 21.1% income

affordable

Lawyer

Avg $164,117/yr · Rent = 16.5% income

very comfortable

Firefighter

Avg $58,413/yr · Rent = 46.5% income

rent-burdened

Truck Driver

Avg $52,740/yr · Rent = 51.5% income

severely rent-burdened

Electrician

Avg $65,007/yr · Rent = 41.8% income

rent-burdened

By apartment size

Alva rent by bedroom count

Median rent for each apartment size in Alva. Click any size for full breakdown.

2-Bedroom

$2,129/mo

Local insights

Tips for renters in Alva

About renting in Alva, FL

Last updated: September 25, 2026

The median rent in Alva is $2,263/mo as of September 2026. a 2-bedroom runs $2,129/mo.

At 32% of local median household income ($85,919/yr), Alva ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Alva?

To keep rent at or below 30% of gross income, you would need to earn at least $91,000/year (about $44/hour full-time) to afford the median rent of $2,263/mo in Alva. The local median household income is $85,919/yr, so the typical household falls short of that bar.

Is rent going up or down in Alva?

Rent in Alva has been roughly flat over the past year, a 0.0% change.

How does Alva rent compare to other cities in Florida?

Alva is in the middle among Florida cities for rent, ranking #116 of 292 tracked cities at $2,263/mo.

Which nearby cities are cheaper to rent in than Alva?

Nearby cities with lower median rent than Alva ($2,263/mo) include North Fort Myers ($1,550/mo), Fort Myers ($1,719/mo), and Lehigh Acres ($1,812/mo).

Income Affordability

32%

MODERATE

At $2,263/mo, rent takes ~32% of Alva's median household income ($85,919/yr). The standard benchmark is 30%.

Alva 32%Benchmark 30%

State income taxNone

Run the Alva affordability calculator →

Nearby cities