How much rent can you afford in Daytona Beach Shores, FL?
Run your salary against Daytona Beach Shores's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Daytona Beach Shores
At a median rent of $2,279/mo, Daytona Beach Shores is moderately stretched when measured against Daytona Beach Shores median household income of $74,392/yr. Rent would consume roughly 37% of pre-tax income, and a salary of about $91,160 keeps rent at the recommended 30% threshold.
How Daytona Beach Shores compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Daytona Beach Shores?
On a $74,392 salary (the Daytona Beach Shores median household income), the recommended ceiling is 30% of pre-tax income, or about $1,860/mo. Daytona Beach Shores's median rent is $2,279/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Daytona Beach Shores?
To keep Daytona Beach Shores's $2,279/mo median rent under 30% of income, you'd need about $91,160/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Daytona Beach Shores affordable on the median Florida income?
Daytona Beach Shores is moderately stretched on a $74,392 income. Rent would take 37% of pre-tax pay, outside the recommended 30% threshold.
What's the 30% rent rule?
The 30% rule is a long-standing budgeting guideline that keeps rent at or below 30% of gross (pre-tax) income. It leaves enough room for utilities, transit, savings, and debt service. In high-cost markets, many renters exceed 30%, and the Census Bureau classifies households paying more than 30% of income on rent as "cost-burdened".