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City Report · FL

Edgewater

Pop. 23,627·154th most expensive in Florida·Edgewater rents are up 9.5% over the past year
Median rent (all units)
$2,115/mo
Year-over-Year
+9.5%
Month-over-Month
+0.1%
vs US Median
+$153
Stable (Monthly)
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Most AffordableMost Expensive
Edgewater · $2,115
More expensive than 65% of US cities · National median $1,962/mo
Affordability
42% of income
STRETCHED
0%30% benchmark60%+

At $2,115/mo, rent takes about 42% of the local median household income, well above the 30% benchmark.

Income to afford
$85,000/yr
Local median income
$60,977/yr
Based on the 30%-of-income rule using Edgewater's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,080
1 BR
$1,285
2 BR
$1,570
3 BR
$2,065
4 BR+
$2,215
Fair Market Rent (HUD)
$1,570/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,115 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: August 17, 2026

Annual cost
$25,380/yr
At $2,115/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.5% YoY, +0.1% MoM), not inventory.
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Demographics

Who lives here

Edgewater, FL is majority owner-occupied, has a large retiree population, has a median income below the national average, 24.1% of residents hold a bachelor's degree or higher.

Population
23,627
Median income
$60,977
Median age
53.7
Renters
9.9%
Age distribution
15.1%
15.9%
20.2%
15.7%
33.1%
Under 1815.1%
18–3415.9%
35–5420.2%
55–6415.7%
65+33.1%
Gender
48%
52%
Male48%
Female52%
Race & ethnicity
89.9%
White89.9%
Black3.6%
Hispanic4.8%
Asian0.9%
Other0.8%
Education (25+)
33.5%
35.9%
24.1%
No HS diploma6.4%
HS diploma33.5%
Some college35.9%
Bachelor's+24.1%
Housing tenure
90.1%
Owner90.1%
Renter9.9%

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

2021 vs 2026

How Edgewater, FL has changed in 5 years

Income
$52,097 → $60,977
up 17.0%
Population
22,952 → 23,627
up 2.9%
Renter share
13.9% → 9.9%
-4.0 pts
Bachelor's+
19.7% → 24.1%
+4.4 pts
Median age
55.3 → 53.7
-1.6 yrs

Household income in the area moved from $52,097 to $60,977 across the same window, up 17.0% versus 2021. Headcount in the area went from 22,952 to 23,627 between 2021 and 2024, a 2.9% change. About 9.9% of households rent today, against 13.9% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 19.7% to 24.1%.

Community

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

Can you afford rent in Edgewater on your salary?

At $2,115/mo, how Edgewater rent compares to typical pay (30% rule).

By apartment size

Edgewater rent by bedroom count

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

Local insights

Tips for renters in Edgewater

About renting in Edgewater, FL

Last updated: August 17, 2026

The median rent in Edgewater is $2,115/mo as of August 2026. A studio apartment averages $1,080/mo while a 2-bedroom runs $1,570/mo. One-bedroom apartments average $1,285/mo and 3-bedroom units go for $2,065/mo.

At 42% of local median household income ($60,977/yr), Edgewater ranks as moderate compared to the national benchmark of 30%. Rents have increased 9.5% over the past year.

FAQ

Frequently asked questions

Is Edgewater an affordable city for renters?

Edgewater is considered stretched for renters. At $2,115/mo, rent takes approximately 42% of the local median household income ($60,977/yr). The standard benchmark is 30%. Edgewater significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Edgewater?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (~$41/hour full-time) to afford the median rent of $2,115/mo in Edgewater. The local median household income is $60,977/yr, meaning the typical Edgewater household falls short of that threshold.

Is rent going up or down in Edgewater?

Rent in Edgewater has increased 9.5% over the past year as of August 2026, putting upward pressure on renter budgets.

Which Edgewater neighborhoods have the lowest rent?

The most affordable ZIP codes in Edgewater are 32132 ($1,800/mo), and 32141 ($2,213/mo). Citywide, the median rent in Edgewater is $2,115/mo.

How does Edgewater rent compare to other cities in Florida?

Edgewater is middle-of-the-pack for Florida for rent, ranking #154 out of 291 tracked cities at $2,115/mo.

Which nearby cities are cheaper to rent in than Edgewater?

Several nearby cities have lower median rents than Edgewater ($2,115/mo): South Daytona ($1,616/mo), Port Orange ($1,718/mo).

What percentage of Edgewater residents rent vs. own?

According to Census data, approximately 9.9% of Edgewater households are renters, while 90.1% are owner-occupied. Edgewater leans toward homeownership, which can mean a smaller rental inventory.

How does Edgewater rent compare to the national average?

Edgewater's median rent of $2,115/mo is $153 (8%) above the US national median of $1,962/mo. Within Florida, it ranks #154 out of 291 tracked cities.
Income Affordability
42%
STRETCHED

At $2,115/mo, rent takes ~42% of Edgewater's median household income ($60,977/yr). The standard benchmark is 30%.

Edgewater 42%Benchmark 30%
State income taxNone
Run the Edgewater affordability calculator →
Lowest-rent ZIP codes in Edgewater
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Edgewater, FL

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