City Report · FL

Bunnell

Pop. 3,682·269th most expensive in Florida·Bunnell rents have dropped 5.6%, currently a renter's market
Median rent (all units)
$1,585/mo
Year-over-Year
-5.6%
Month-over-Month
-2.5%
vs US Median
-$347
Reported rents
Falling (Monthly)
Be the first to discuss Bunnell rents ↓
Most AffordableMost Expensive
Bunnell · $1,585
More affordable than 69% of US cities · National median $1,932/mo
Affordability
35% of income
MODERATE
0%30% benchmark60%+

At $1,585/mo, rent takes about 35% of the local median household income, slightly above the 30% benchmark.

Income to afford
$63,000/yr
Local median income
$55,130/yr
Based on the 30%-of-income rule using Bunnell's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

1 BR
$792
2 BR
$999
3 BR
$1,270
4 BR+
$534
Fair Market Rent (HUD)
$999/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,585 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

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Florida

Rent in Bunnell changed -5.6% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has fallen 5 months in a row, and rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($55,130) is $1,378 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($534).

From Zillow's monthly rent index (ZORI) for Bunnell. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$19,020/yr
At $1,585/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.6% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.6% YoY, -2.5% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Bunnell, FL is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 15.6% of residents hold a bachelor's degree or higher.

Population
3,682
Median income
$55,130
Median age
49
Renters
47.9%
Age distribution
19.8%
13.5%
21%
14.8%
30.9%
Under 1819.8%
18–3413.5%
35–5421%
55–6414.8%
65+30.9%
Gender
44.9%
55.1%
Male44.9%
Female55.1%
Race & ethnicity
62%
25.1%
White62%
Black25.1%
Hispanic6.1%
Asian0.8%
Other6.1%
Education (25+)
13.4%
43.3%
27.7%
15.6%
No HS diploma13.4%
HS diploma43.3%
Some college27.7%
Bachelor's+15.6%
Housing tenure
52.1%
47.9%
Owner52.1%
Renter47.9%

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

2021 vs 2026

How Bunnell, FL has changed in 5 years

Income
$30,048 → $55,130
up 83.5%
Population
3,203 → 3,682
up 15.0%
Renter share
51.3% → 47.9%
-3.4 pts
Bachelor's+
20.2% → 15.6%
-4.6 pts
Median age
41.2 → 49
+7.8 yrs

Local incomes tracked alongside that move, going from a median of $30,048 in 2021 to $55,130 more recently. Headcount in the area went from 3,203 to 3,682 between 2021 and 2024, a 15.0% change. About 47.9% of households rent today, against 51.3% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 20.2% to 15.6%.

Community

Discussions about Bunnell

No discussions yet. Start the conversation.

View Bunnell rent history (2015–2026) →
Salary vs rent

Can you afford rent in Bunnell on your salary?

At $1,585/mo, how Bunnell rent compares to typical pay (30% rule).

By apartment size

Bunnell rent by bedroom count

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

Local insights

Tips for renters in Bunnell

About renting in Bunnell, FL

Last updated: October 17, 2026

The median rent in Bunnell is $1,585/mo as of October 2026. a 2-bedroom runs $999/mo. One-bedroom apartments average $792/mo and 3-bedroom units go for $1,270/mo.

At 35% of local median household income ($55,130/yr), Bunnell ranks as moderate compared to the national benchmark of 30%. Rents have decreased 5.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Bunnell?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (about $30/hour full-time) to afford the median rent of $1,585/mo in Bunnell. The local median household income is $55,130/yr, so the typical household falls short of that bar.

Is rent going up or down in Bunnell?

Rent in Bunnell has fallen 5.6% over the past year.

How does Bunnell rent compare to other cities in Florida?

Bunnell is one of the more affordable among Florida cities for rent, ranking #269 of 289 tracked cities at $1,585/mo. Over the year to September 2026, rent in Bunnell changed -5.6%, against a typical +1.8% across the 270 Florida cities Zillow tracks.

Which nearby cities are cheaper to rent in than Bunnell?

Nearby cities with lower median rent than Bunnell ($1,585/mo) include Daytona Beach ($1,518/mo), and Holly Hill ($1,526/mo).
Income Affordability
35%
MODERATE

At $1,585/mo, rent takes ~35% of Bunnell's median household income ($55,130/yr). The standard benchmark is 30%.

Bunnell 35%Benchmark 30%
State income taxNone
Run the Bunnell affordability calculator →
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Bunnell, FL

Recent submissions

Be the first to submit your rent for Bunnell.

Recent discussions

No discussions yet.