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City Report · FL

Ellenton

Pop. 5,133·182nd most expensive in Florida·Ellenton rents have dropped 7.0%, currently a renter's market
Median rent (all units)
$2,014/mo
Year-over-Year
-7.0%
Month-over-Month
+0.2%
vs US Median
+$49
Stable (Monthly)
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Most AffordableMost Expensive
Ellenton · $2,014
More expensive than 60% of US cities · National median $1,965/mo
Affordability
34% of income
MODERATE
0%30% benchmark60%+

At $2,014/mo, rent takes about 34% of the local median household income, slightly above the 30% benchmark.

Income to afford
$81,000/yr
Local median income
$71,402/yr
Based on the 30%-of-income rule using Ellenton's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,080
1 BR
$1,350
2 BR
$1,580
3 BR
$2,080
4 BR+
$2,480
Research median
$1,580/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$24,168/yr
At $2,014/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 7.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-7.0% YoY, +0.2% MoM), not inventory.
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Demographics

Who lives here

Ellenton, FL is majority owner-occupied, has a large retiree population, 15% of residents hold a bachelor's degree or higher.

Population
5,133
Median income
$71,402
Median age
41.9
Renters
32.5%
Age distribution
26.1%
25.9%
28.7%
Under 1826.1%
18–3411.6%
35–5425.9%
55–647.7%
65+28.7%
Gender
42.5%
57.5%
Male42.5%
Female57.5%
Race & ethnicity
51.2%
45%
White51.2%
Black0.5%
Hispanic45%
Other3.3%
Education (25+)
49.2%
30.8%
15%
No HS diploma5%
HS diploma49.2%
Some college30.8%
Bachelor's+15%
Housing tenure
67.5%
32.5%
Owner67.5%
Renter32.5%

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

2021 vs 2026

How Ellenton, FL has changed in 5 years

Income
$59,723 → $71,402
up 19.6%
Population
5,504 → 5,133
down 6.7%
Renter share
21.3% → 32.5%
+11.2 pts
Bachelor's+
10.5% → 15%
+4.5 pts
Median age
49.4 → 41.9
-7.5 yrs

Household income in the area moved from $59,723 to $71,402 across the same window, up 19.6% versus 2021. The population has contracted by 6.7% since 2021, moving from about 5,504 residents to roughly 5,133. Renters now make up 32.5% of households, compared with 21.3% five years ago. College-educated residents now make up 15% of adults here, versus 10.5% in 2021.

Community

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

Can you afford rent in Ellenton on your salary?

At $2,014/mo, how Ellenton rent compares to typical pay (30% rule).

By apartment size

Ellenton rent by bedroom count

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

Local insights

Tips for renters in Ellenton

About renting in Ellenton, FL

Last updated: July 20, 2026

The median rent in Ellenton is $2,014/mo as of July 2026. A studio apartment averages $1,080/mo while a 2-bedroom runs $1,580/mo. One-bedroom apartments average $1,350/mo and 3-bedroom units go for $2,080/mo.

At 34% of local median household income ($71,402/yr), Ellenton ranks as moderate compared to the national benchmark of 30%. Rents have decreased 7.0% over the past year.

FAQ

Frequently asked questions

Is Ellenton an affordable city for renters?

Ellenton is considered moderate for renters. At $2,014/mo, rent takes approximately 34% of the local median household income ($71,402/yr). The standard benchmark is 30%. Ellenton slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Ellenton?

To keep rent at or below 30% of gross income, you would need to earn at least $81,000/year (~$39/hour full-time) to afford the median rent of $2,014/mo in Ellenton. The local median household income is $71,402/yr, meaning the typical Ellenton household falls short of that threshold.

Is rent going up or down in Ellenton?

Rent in Ellenton has decreased 7.0% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Ellenton rent compare to other cities in Florida?

Ellenton is middle-of-the-pack for Florida for rent, ranking #182 out of 288 tracked cities at $2,014/mo.

Which nearby cities are cheaper to rent in than Ellenton?

Bradenton is nearby and more affordable at $1,850/mo, which is $164 less than Ellenton.

What percentage of Ellenton residents rent vs. own?

According to Census data, approximately 32.5% of Ellenton households are renters, while 67.5% are owner-occupied. Ellenton leans toward homeownership, which can mean a smaller rental inventory.

How does Ellenton rent compare to the national average?

Ellenton's median rent of $2,014/mo is $49 (2%) above the US national median of $1,965/mo. Within Florida, it ranks #182 out of 288 tracked cities.
Income Affordability
34%
MODERATE

At $2,014/mo, rent takes ~34% of Ellenton's median household income ($71,402/yr). The standard benchmark is 30%.

Ellenton 34%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Ellenton, FL

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